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Consignment Agreement - Billing Cycle Closing date & Billing frequency

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edited Oct 13, 2020 3:28AM in Inventory Management 5 comments

Summary

Is there an option to control the billing close to align with our fiscal calendar close date?

Content

Based on current functionality, we understand that consignment agreements can be created on a billing schedule that repeats on a daily/weekly/monthly cadence. 

We are exploring the weekly billing schedule with consumption advice and invoice generation every Sunday. So we will create consignment agreements with a a billing cycle closing date that falls on a Saturday, Can you please confirm if these assumptions are valid? 

Next, our finance team would like to understand if Oracle will be able to offer a billing cycle that aligns with our GL calendar close. Is this on the product roadmap? 

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