EAP: Wrong Payment Terms Basis Date If Supplier Added From Invoice Information (Doc ID 2153454.1)

Last updated on MARCH 09, 2017

Applies to:

PeopleSoft Enterprise FIN Payables - Version 9.1 to 9.2 [Release 9]
Information in this document applies to any platform.

Symptoms

When a voucher is created from the Regular Entry page, and the Supplier is NOT selected on the Voucher Add screen, but it is entered from the Invoice Information page, after clicking the Add button, in this case the system calculates the payment terms basis date incorrectly. It is using the business unit default and not the supplier procurement options default for the basis date.

The same issue occurs when the Supplier is not added on the voucher, but copied from the PO.

However, when the Supplier is selected on the Voucher Add screen, the payment terms basis date defaults correctly from the vendor set up.

STEPS

1. On the Payables Definition and Payables Options pages, make sure business unit setup shows Payment Terms Basis Date = Invoice Date, and Payment Terms = Net 30
2. On the Supplier Procurement Options page, make sure setup shows Payment Terms = Net 30 and Payment Terms Basis Date = Accounting Date
3. Navigate to Accounts Payable > Vouchers > Add/Update > Regular Entry and add new voucher and populate the supplier from the Invoice Information page not from the Add page, and specify an invoice date in the past
4. Before saving, check the Pay Terms Details page. It shows Basis Date Type populated as Acct Date correctly, but the Basis Date is populated with the invoice date value
5. Save the voucher

Due Date incorrectly calculated from the incorrect Basis Date on the Pay Terms Details page, and so the Net Due date on the Payments tab is also incorrect.

The Scheduled Due Date is populated with current date while it should show Accounting date (current) + 30 days

Cause

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