Brazil Lockbox Process Is Not Calculating Interest and Penalty

(Doc ID 1563694.1)

Last updated on JUNE 08, 2016

Applies to:

Oracle Receivables - Version 11.5.9 to 12.1.3 [Release 11.5.9 to 12.1]
Information in this document applies to any platform.


Brazilian Receivables requirement is to have the application of the invoice in the receipt generate the interest and penalty calculations. if a payment is made after the due date of an invoice.

During Lockbox process, if the invoice is past due, the application of the invoice is not considering the interest and penalty calculations.

Responsibility:  Receivables
Navigation:  Interfaces > Lockboxes
Submit the standard Receivables Lockbox process for Import, Validation and Post QuickCash


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