How to Set Up a Payment Term to 60 Days EOM + 4 Days ?
Last updated on APRIL 17, 2017
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-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.
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