Last updated on JULY 28, 2017
Applies to:Oracle Receivables - Version 12 to 12.1.3 [Release 12.0 to 12.1]
Information in this document applies to any platform.
Late Charges were calculated based on the Tolerance, i.e. if the Overdue amount was paid out after the due date, the late charge calculation should pick up the delay. In other words, Late Charge calculation is not picking up the delay in payment if the payment was full.
Late Charge Invoices are not generated for old Late Payments if the Overdue balance is paid
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