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Discount Is Not Calculated Correctly Based On The Payment Term (Doc ID 2859515.1)

Last updated on APRIL 12, 2022

Applies to:

Oracle Receivables - Version 12.2 and later
Information 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

  1. Create an invoice using the new Payment Term with discount.

Nav: Receipts > Receipts

  1. 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


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