Receivables - EBS (MOSC)

MOSC Banner

Late charges calculation interval

edited May 27, 2015 10:05AM in Receivables - EBS (MOSC) 3 commentsAnswered

Hi,

I need to calculate late charges for over due payments to be 0.3% per week.

So if the over due days less than 7 it shouldn't calculate any charges.

If the over due days is 7 it should calculate 0.3%

if over due days between 8 and 13 it shouldn't calculate any thing until it reach 14 days to calculate anther 3% .

I made the setup and the system is calculating the late charges . My issue is that it calculate the 3% even the over due days is one day and also it calculate it on daily basis ( calculate 3%  for each run on daily basis)

I tried different

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

New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center