Answer / manoj

In proxima payment term to determine the due date of the
installment, it requires 3 details :
Cut Off day, Day of Month and
Months ahead.

Ex: Cut off day=20, Day of month=25 and Months a head=1
transaction raised on 15-Jun-2007

Here cut of day is 20th, the payment cycle is 20th of last
month to 19th of this month. So for this example payment
cycle is 20-may to 19-june, 2007.So the transaction date
falls in this current billing cycle, and months ahead is 1,
due date will be taken as 25th july.If months ahead is 0,
then due date will be 25th of june.

Answer / cnu

Please let you know the meaning of "MONTHS AHEAD=0" means it
will talk about to current month, and "MONTHS AHEAD=1" means
it will talk about to next month ok,

if transaction date is = 20 of feb,
cut off day is = 25
months ahead is = 0 or 1

it means it will pick up all transactions which are
entered from jan 20th to feb 19 and it post on 25 of current
month. if its 1 then it will post to next month simple....

Answer / get me a job

Ur BSNL,AIRTEL or CITI bank bills are egs. Generated on a
particular day called cut-off date. eg: 25th of every month.

Answer / dheeraj

A proxima payment term has Cut Off day, Day of Month and
Months ahead.

Ex: Cut off day=15, Day of month=20 and Months a head=1

When a transaction is raised on 10-Jun-2007. The transaction
date is before the cutoff day. So this transaction will be
considered for the current billing cycle and the due date of
the transaction will be taken at 20-jun-2007 since months
ahead is 1.

in payable module journal entries

1 Answers  

---

What is Aging Periods?

2 Answers   HCL, IBM, TCS,

---

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.

0 Answers   DELL,

---

Can you cancel the invoice? If yes, explain?

6 Answers  

---

Scenario: I have 3 AR invoices. 1. Inv1 - $1000 2.Inv2 - $2000 3. Inv3 - $3000 I am ceating receipt for $6000 against the 3 above invoices. Question: Can I reverse the receipt $2000 for Inv2 alone? If so How can I do that? please help.

2 Answers   Accenture,

---

Why should we run "Replicate seed data" program??

6 Answers  

---

what kind of necessary AP information u gather from the client.

1 Answers   IBM,

---

what is meant by functional specifications involved in po and ap?

1 Answers   Cognizant,

---

Can Adjustments be imported?

0 Answers  

---

How can I get the Profit & Loss (P/L) report of a period in GL ? plz tell me the parameter name if it required me to submit a new request ?

2 Answers   KPIT,

---

Can different SOBs share the same value set?

3 Answers  

---

What is meant by quotation and quotation analysis?

1 Answers  

---