In the first step you create the general ledger A/C by using transaction code FS00 and then assign the same general ledger A/C as a cash discount taken account. To assign the general ledger A/C as your cash discount received account you have to follow the following path; SPRO > Financial Accounting > Accounts Receivable and Accounts Payable > Business Transactions … [Read more...] about How to define accounts for cash discount taken