Unable to automatically generate interest invoices
Hello,
I have done the following steps:
- 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
- Ensured that appropriate suppliers have the Create Interest Invoices check box enabled.
- 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