How to record and calculate agreed penalty terms during Purchase Order / Contract processing?
Dears,
I appreciate sharing your experiances with me regarding below inquiries;
1- How to record agreed penalty terms and conditions with suppliers during procurement processes?
2- Is it applicable in procurement contract module (OR) any other module of Advanced Procurement Suite?
3- Is there any standard Oracle solution to record penalty conditions during procurement process to be automatically calculated during payment processes?
(E-Business Suite or any other oracle products could be integrated with EBS R12.1.1 - R12.1.3)
Waiting for your appreciated advices
Thanks in Advance
Magdy Ikladious