how to set the interset for the supplier?

Question Posted / pachi

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how to set the interset for the supplier?..

Answer / 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.

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how to set the interset for the supplier?..

Answer / pad

I think you have setup in Options, there will be one tab
which allows you to calculate interest automatically after
the due date. in creating supplier also you can check the
interest button,

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how to set the interset for the supplier?..

Answer / mstapps

there is no setup for interestrate supperate in payable
module for supliers

interest rate will same for all supliers

thanks mstapps

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