Wrong Due Date Calculated For BFB Payment Term

(Doc ID 1362773.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Receivables - Version: 12.1.2 and later   [Release: 12.1 and later ]
Information in this document applies to any platform.

Symptoms

Wrong Due Date Calculated For BFB Payment Term

Example:

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;

BFB cycle
Name : Month 20th
Frequency: Monthly
Day(s) of Month : 20

Payment term
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.

Cause

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