R12 - Possible to setup Installments on BFB?
We have customers on Balance Foward Billing cycles that pay via pre-authorized payments.
We suck these payments directly out of their bank account each week.
We have a requirement to split the customer payment evenly on Monday, Wednesday, and Friday of each week. Our BFB cycle is weekly on Mondays, and if we were able to setup 3 even installments due in 7, 9, and 10 days, I think it would work. Unfortunately it doesn't appear that Oracle out of the box allows payments terms to be setup with installments on BFB cycles.
Any ideas?
Thanks,
-John