Discount Is Not Calculated Correctly Based On The Payment Term
(Doc ID 2859515.1)
Last updated on MAY 20, 2024
Applies to:
Oracle Receivables - Version 12.2 and laterInformation in this document applies to any platform.
Symptoms
Expect a discount to be calculated as long as the payment is received on or before the due date..
Customer is using 4-4-5 calendar
Steps to Reproduce:
Responsibility: Receivables Manager
Nav: Setup > Transactions > Payment terms
1. Create a Payment Term with day of Month 30, months ahead 2.15
2. Populate discount record to the Payment Term as 5% discount, day of month 30, months ahead 2.15
Nav: Transactions > Transactions
- Create an invoice using the new Payment Term with discount.
Nav: Receipts > Receipts
- Create receipt and apply it to the invoice created
Changes
Cause
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In this Document
| Symptoms |
| Changes |
| Cause |
| Solution |
| 1. Bug Summary |
| 2. Fixed Files |
| 3. Recommended Patches |
| Still Have Questions? |
| References |