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.
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
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In this Document
|1. Bug Summary|
|2. Fixed Files|
|3. Recommended Patches|
|Still Have Questions?|