Receivables - EBS (MOSC)

MOSC Banner

Payment terms for the 1st and 15th of month

edited Mar 14, 2019 5:00AM in Receivables - EBS (MOSC) 1 commentAnswered

How do I create Payment Terms in Oracle 12.2.5 (believe I need to incorporate Balance Forward Billing Cycles) for the following?  If Invoice Date is between the first and 15th of the month, payment is due on the 15th of the next month+1.  If between the 16th and 30/31st, it's due on the 1st of the next month+1.  So, Jan 1st invoice is due March 1st.  Jan 15th invoice is due March 15th.  I've tried using a combination of Balance Forward Billing and Payment terms of 60 but it doesn't get it right all the time.  Suggestions? 

Tagged:

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 Receivables 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