Last updated on AUGUST 16, 2017
Applies to:Oracle Receivables - Version 12.1.3 and later
Information in this document applies to any platform.
Functionality of 'Calculating late charges' and 'creating interest invoice' :
The Idea is to develop a functionality that could work in a way, allowing to control minimum charge per customer (not per invoice).
Indicating the additional amount (e.x. minimum charge per customer) , Receivables should be
assessed late charges against a customer.
Current functionality assesses late charges only against invoice (Field - Minimum Charge Per Invoice).
If the field 'Minimum Charge Per Invoice' on the Profile Class Amounts tab is filled, Receivables assesses late charges if amount is exceeded.
In summary, Company wants to have functionality similar like this, but per customer (not only invoice).
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