Bank Charge Bearer code and Bank charge deduction type fields on supplier creation page

Summary

Bank Charge Bearer code and Bank charge deduction type fields on supplier creation page

Content

Hi,

Have anyone used Bank Charge Bearer code and Bank charge deduction type fields on supplier creation page ?

What is the significance of these fields and how does these fields behave when populated for any supplier ?

We have a scenario where bank charges 0.2% for every payment transaction. Our client would like to understand how can we record in oracle who will bear these charges while making the payment to supplier ?

 

Thanks for your inputs !

Tausif Mulla