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Late Charges - Adjustments Ony for Penality Charge Activity (Doc ID 2544650.1)

Last updated on JUNE 05, 2019

Applies to:

Oracle Fusion Receivables Cloud Service - Version 11.13.19.01.0 and later
Information in this document applies to any platform.

Goal

We are implementing Late charges for our client. Late charges can be registered as adjustments, interest invoices or debit memo's. We have opted to late charges to display as adjustments.

Clients requirement is to assess Penalty Charges only, instead of Interest Charges and Penalty Charges.

When we use Interest Charge Activity at Receivables system options we are able to generate adjustments. Where as when we use Penalty Charge Activity instead of Interest Charge Activity, although we are able to pick the over due transactions during draft and final mode, we are not able generate adjustments. The Late Charges batch is displaying transactions with below error:


Invalid Receivables transaction ID: {RECEIVABLES_TRX_ID}.ORA-01403: no data foundFND_AS_UNEXPECTED_ERROR {PKG_NAME}=AR_ADJUST_PUB {PROCEDURE_NAME}=Validate_Adj_Insert {ERROR_TEXT}=ORA-20001:


We would like understand whether late charges should always be defined as interest charge activity. If not, what is the reason adjustment is not getting generated when we use Penalty Charge Activity only?
 

Solution

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In this Document
Goal
Solution
References


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