Creating a Customer Raises Error: Late Charge payment term is required when late charge type is debit memo or interest invoice
Last updated on APRIL 06, 2017
Applies to:Oracle Receivables - Version 12.0.6 and later
Information in this document applies to any platform.
Attempting to create a new customer for certain profile classes and receive the following error:
Late Charge payment term is required when late charge type is debit memo or interest invoice
The issue only happens with some profile classes.
Users were able to create customers with "Dealer" profile class before and now it is not working.
Responsibility: Receivables Manager
Navigation: Customers > Customers
Try to create a new customer using the particular profile class and the error occurs.
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms