Order Management - EBS (MOSC)

MOSC Banner

Payment Terms - Mining industry

edited May 4, 2010 7:49PM in Order Management - EBS (MOSC) 2 commentsAnswered
 Hi All,

We are implementing Order Management for a mining company. The payment terms is sometimes determined by an event before a shipment has taken place. Example:

90% Deferred Payment - 90 % Deferred Payement, by LC, pro forma invoice. Final payment to refelect adjustment for early payment at an annual interest rate calculated from actual date.

The LC above refers to a Letter of Credit which is received at some stage, but it is not possible to know this. Can anyone with possible experience in the mining sector assist? Is the payment term updated before physically shipping to reflect correctly on the Age Analysis in AR?

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

EBS Order Mgmt Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center