Is it possible to define a payment term in AR where the due date is plus 75 days and then the 1st of
Hi we are running Oracle R12 and have this question about setting up payment terms, where we want to go forward 75 days then select the 1st of the following month as the due date.
For example, todays date is 12th April - plus 75 days takes us to 26th June, then we would want the due date to be shown as 1st July.
Similarly if the plus 75 days took us to the 1st July, we would want to show 1st August as the due date.
In the payment terms set up form it appears that we can go forward x amount of days, or to a specific date x months in advance, but we could not see a way of combining both these options together.