In the first step you create the general ledger account by using transaction code FS00 and then assign the same general ledger account as a cash discount taken a/c. To assign the general ledger a/c as your cash discount received a/c 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