Late Charges, with "Charge Schedule Per Invoice," Has the Penalty Applied Per Invoice Instead of Cumulative (Doc ID 1932791.1)

Last updated on AUGUST 24, 2016

Applies to:

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

Symptoms

When running request Generate Late Charges, and Interest Charge Type is setup with "Charge Schedule Per Invoice," the penalty is applied per invoice.
This gives one Interest Invoice containing several late paid transactions, having their respective penalties.

Cause

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