how to set the interset for the supplier?

Answer Posted / hussain

For Calculating interest in AP there is a check box to be
enabled at Payables option and as well at suplier Header or
site level(check to confirm).

Then rate of interest for due dates should be defined.

The system calculates the interest rate as per the due
dates.

There is patch that has do be applied for the exact
calculation of the interest rates.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is VAT claim process?

2097


how service tax work.

1964


Recurring Problem Posting i have Journals for sep 2018 that i approved but they are not available to post even though the period is open in Oracle R12 Issues

1253


How to refund for a customer who returns goods and wants a refund for $600 in R12 In above scenarios customer does not want Credit Memo or On- Account Credit, he wants refund check . and as we know we do not issue check from AR. How can we issue Check from AP and how offsetting is done for the same in R12

6548


What kind of budgets have you worked on?

1874






We are running Oracle EBS 11i and yesterday whilst doing my month-end I forgot to select "calculate finance charge" on form ARXSUPST AR Print Statement run. I am struggling to get to My Oracle and was hoping someone out there might have experienced or heard of a similar problem. What are my options to rectify this situation... I look forward to you inputs..... Thank you Regards Salie

2152


I am created credit memo in at but while trying to complete it showing error message-hz_party_location

957


Provide an overview of AR cash receipt processing.

2158


SLA usage ans how to define setups?

2170


Can I do a payment of 50 bills on a post date. If yes, then how?

1307


what is the difference between before pages trigger and after parameter trigger in reports ?

1951


I have a requirement where during the consolidation into USD (from GBP books) I want use two different exchange rates for two consolidations. Child SOB is same but the Parent SOB's are different. How can this be done in Oracle Financials? Answers will be Appreciable. Thank You.

1460


What is multi org? What is difference between 11i and 12i multi org structure?

644


On what different real time issues you worked while doing P2P cycle implementation?

1002


can any one tell me what exactly functional consultant do on daily basis? client requirements?

524