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What does Fulfillment date, order date and shipment dates mean in the credit expiration calculation

in Receivables & Collections 2 comments

Summary:

This is the Oracle document on 'How the Credit Authorization Expiration Date is Derived'

How You Set Up a Customer Profile for Credit Checks (oracle.com)

  • If the fulfillment/shipment date is provided, then: Expiration Date = Fulfillment/Shipment date + Offset Days.
  • If fulfillment/shipment date isn't provided, but the sales order date is provided, then: Expiration Date = Sales Order Date + Offset Days.
  • If neither the fulfillment/shipment date nor the sales order date is provided, then: Expiration Date = Credit Authorization Date + Offset Days.

In the above statements which fulfillment, shipment or order date they are talking about?

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