My Oracle Support Banner

Late Charges Are Not Being Calculated Correctly (Doc ID 2059589.1)

Last updated on MAY 07, 2019

Applies to:

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

Symptoms

When running Late charges are not being calculated correctly

The late charge program is calculating the Overdue amount as
= (Original Amt - Payments - Manual Adjustments)

We don't have Interest on Interest setup so Overdue Amount should be
= (Original Amt - Payments)


Steps to Reproduce:

Responsibility: Receivables Manager
Navigation
: Generate Late Charges

  1. Review Output

Changes

 

Cause

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!


In this Document
Symptoms
Changes
Cause
Solution
 1. Bug Summary
 2. Fixed Files
 3. Recommended Patches
 4. Solution Steps
 Still Have Questions?
References


My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.