Wrong Due Date Calculated For BFB Payment Term
Last updated on MARCH 08, 2017
Applies to:Oracle Receivables - Version: 12.1.2
Information in this document applies to any platform.
Setup BFB cycle and payment term with cutoff day 20, due day 30 and months ahead 1. When customer enters a transaction date of 08-APR-2011 with the above payment term in the transaction workbench, the due date is calculated as 31-MAY-2011, not 30-MAY-2011. For example, customer setup BFB
cycle and payment term as following;
Name : Month 20th
Day(s) of Month : 20
Name : Next Month Due 30th
BFB cycle : Month 20th
Payment Schedule / Day of Month : 30 , Months Ahead: 1
When user enters a transaction date of 08-APR-2011 with the above payment term "Due 30th" in the transaction workbench, the due date is calculated as 31-MAY-2011, not 30-MAY-2011.
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