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

Last updated on APRIL 17, 2017

Applies to:

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

Goal

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

Example:
Invoice Date = 03-Feb-2016
60 days takes you to 04-Apr-2016, end of month to 30-Apr-2016, you then add 4 days.
Expected due date : 04-May-2016.

Solution

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