R12: How to Determine Due Date of Invoice
(Doc ID 2540141.1)
Last updated on FEBRUARY 22, 2023
Applies to:Oracle Payables - Version 12.2.5 and later
Information in this document applies to any platform.
How to calculate due_date when invoice_date/term_date is same date of payment_terms set up date:
For example, when choose terms date as 1-Mar-2019,or 24-Mar-2019 for example, the due date will be calculated as 25-Mar-2019 as payment term set up (days of month=25)
When choose terms date as 25-Mar-2019, which date value 25 is same number as the day of month value from payment term setup, system will calculated due-date as 25-Apr-2019, which means it is one month later but same date 25th.
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