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How to Set Up a Payment Term to 60 Days EOM + 4 Days ? (Doc ID 1620614.1)

Last updated on MARCH 14, 2022

Applies to:

Oracle Receivables - Version 12.1.3 and later
Information in this document applies to any platform.


What steps need to be performed, in order to set up a Payment Terms 60 Days EOM + 4 Days ?

Invoice Date = 03-Feb-2017
60 days takes you to 04-Apr-2017, end of month to 30-Apr-2017, you then add 4 days.
Expected due date : 04-May-2017.


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