How To Create A Payment Term With Due Date 3 Days Before The End Of The Month (Doc ID 2210341.1)

Last updated on DECEMBER 21, 2016

Applies to:

Oracle Payables - Version 12.0.0 and later
Information in this document applies to any platform.

Goal

How to define Payment Terms such that in a calender month, the due date is always 3 days less than the last day of the month?

(Ex: If the period is from 01-Jan-2016 to 31-Jan-2016, the Terms Date should be always 28-Jan-2016, even if the Invoice Date is on 31-Jan-2016).
 

Solution

Sign In with your My Oracle Support account

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

My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms