Last updated on JANUARY 26, 2017
Applies to:Oracle Government Receivables - Version 12.0.6 and later
Information in this document applies to any platform.
Create an AR Invoice (back date it 45 days)
From tools > Create Accounting
Go to Federal Financials> Receivables Management > Define > Finance Charges - Define Finance Charges with priority 50, Accrual Interval -1 day, Grace Period 0 First Accrual 1 , Category: Additional Interest; select DM Transaction type in Transaction Type field and a receivable activity. Define charge w.e.f. or before the invoice date
In Customers Tab Select the Customer class of the Customer
Run Assign Finance charges and Accrue Finance Charge programs. This will trigger the Auto Invoice Program and Debit Memos are Created.
These Debit Memos have the invoice's date as its transaction date instead of System date.
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