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ECM 9.2: Significance Of Hours and Minutes Field on a User Defined Schdeule ID. (Doc ID 3040521.1)

Last updated on AUGUST 16, 2024

Applies to:

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

Goal

When defining a schedule ID, hours and minutes fields are provided for a user defined frequency type. What is the significance of both these fields with respect to Interest calculation and how do both the fields impact the interest calculation (Cash Management > In-House Banking > Calculate Interest Accruals)?

Steps:

  1. Go to Set Up Financials/Supply Chain > Common Definitions > Calendars/Schedules > Create Schedules
  2. Select the Frequency as User Defined.
  3. See that Hours and Minutes fields are enabled.

Solution

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In this Document
Goal
Solution


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