E1: 03B: Request to be Able to Use the Payor’s Payment Terms when Payor is Paying a Customer’s Invoice in All Cash Receipt Programs (Doc ID 2854673.1)

Last updated on SEPTEMBER 24, 2024

Applies to:

Symptoms

Several customers have a specific payment term, for example, Net 30. Some of their invoices are paid by another customer (a.k.a. payor). This payor has different payment terms than the customers, for example, "1% disc 10 days, net 30".

The request is to be able to use the payor’s payment terms instead of the customer’s payment terms when this payor pays an invoice belonging to a customer who is part of this group of customers. The request is for all cash receipt programs:

• Standard Receipts (P03B102)
• Speed Receipts (P03B0001): only applicable when using Type Input Code 2 (Balance Forward Receipt)
• Known Invoice Match with Amount (R03B50D)
• Known Invoice Match without Amount (R03B50E)
• Balance Forward Match (R03B50B)
• Invoice Selection Match (R03B50A)
• Combination Invoice Match (R03B50F)

Changes

Cause

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.