Payables and Cash Management - EBS (MOSC)

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Unable to automatically generate interest invoices

edited Aug 14, 2023 8:28PM in Payables and Cash Management - EBS (MOSC) 8 commentsAnswered

Hello,

I have done the following steps:

  1. In the Interest region of the Payables Options window, enabled the Allow Interest Invoices check box, entered the Minimum Amount Interest, and entered the Interest Invoice Accounts
  2. Ensured that appropriate suppliers have the Create Interest Invoices check box enabled.
  3. Set up the interest rates that Payables will use to calculate interest on overdue invoices. 

I created an invoice that has due date of 13-JAN-2023. Created a PPR that selected the invoice but I do not see the interest due. Am I missing anything?


Any help will be greatly appreciated

Thanks

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