Finance Charges in Advanced Collections
Hi Christine,
We are on version Advanced Collections11.5.10.2 and currently using Strategies for customer Dunning. We want to generate Finance Charges / Late Charges on overdue invoices and send them in the Customer dunning letters.
The Advanced Collections Module itself does not have any facilities to generate finance charges on Dunning and the Core Oracle Receivables module support generating finance charges only with Legacy Dunning and Statement programs in the Receivables Module only.
So, in effect, I understand that we can not generate finance charges if using Advanced Collections module for dunning. Can you kindly let me know if there is a way we can generate finance charges in collections and use it on the dunning letters?
We are on version Advanced Collections11.5.10.2 and currently using Strategies for customer Dunning. We want to generate Finance Charges / Late Charges on overdue invoices and send them in the Customer dunning letters.
The Advanced Collections Module itself does not have any facilities to generate finance charges on Dunning and the Core Oracle Receivables module support generating finance charges only with Legacy Dunning and Statement programs in the Receivables Module only.
So, in effect, I understand that we can not generate finance charges if using Advanced Collections module for dunning. Can you kindly let me know if there is a way we can generate finance charges in collections and use it on the dunning letters?
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