Late Charges Issue: Late Charge Calculation is not Considering Late Payments When Current Outstanding Balance is Zero (Doc ID 1348975.1)

Last updated on AUGUST 16, 2017

Applies to:

Oracle Receivables - Version: 12.0.0 and later   [Release: 12.0 and later ]
Information in this document applies to any platform.

Symptoms

When Late Charges are setup to calculate against late payments, once the outstanding balance of a customer is zero, late charges are not calculated properly even if payments were received late. The charges will only be calculated once the total outstanding balance of the customer goes above zero.

Cause

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