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Payables and Cash Management - EBS (MOSC)

Interest charge on Supplier Payment

Sep 16, 2020 2:23AM in Payables and Cash Management - EBS (MOSC) Question

Hello All

I have the following scenario which I would really appreciate any input.

1. Supplier Invoice Received from a Customer for Payment

2. Payment made on e.g. 01-Apr-2020

3. Customer Billed from Receivables on 01-Jun-2020 with Interest to be charged on the initial payment which was made

We need to account for the interest upfront on the Payables Supplier Payment and not charge Interest when the Customer is billed

Any way systematically to do this in Oracle Receivables and Payables?

Hope I gave enough detail. Looking for a concept for the solution really otherwise I will have to do a customisation.

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