Late Charges - Charges Beginning Date Is Ignored

(Doc ID 1142563.1)

Last updated on JUNE 20, 2016

Applies to:

Oracle Receivables - Version: 12.0.0 to 12.1.3 - Release: 12.0 to 12.1
Information in this document applies to any platform.

Symptoms

Late Charges are enabled for an instance. The Charge Calculation is defined as "Late Payments Only".  You are trying to prevent old invoices from having late charges calculated.  So you use the Charges Beginning Date field, so that only transactions beyond the Charges Beginning Date have late charges calculated.   However, you find that all transactions, including transactions before the Charges Beginning Date, are incurring late charges.

Cause

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