Payables and Cash Management - EBS (MOSC)

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Payment Term in PO

edited Jun 14, 2012 7:05PM in Payables and Cash Management - EBS (MOSC) 4 comments
HI,

Request to community member to breif some concept of Payment term in oracle PO.

How payment terms works, how it flows with transaction, how does it affect to my PO to my receiving and to my invoice.

Suppose i have created one payment term Net 15 with 100% Due and 15 days.

How it works ?

Regards,

Rakesh Mishra

 

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