Answer Posted / 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.
| Is This Answer Correct ? | 16 Yes | 0 No |
Post New Answer View All Answers
What are the inventory report to check inventory status.
How to Reconciliation AP to CM ? How to Reconciliation AR to CM ?
What is multi org? What is difference between 11i and 12i multi org structure?
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
What are register in India localisation?
What do you mean by controlling buyers workload?
HI, once we create the standard invoice then we can get journal entry item expense a/c-dr to liability a.c then item it will reflect through inventory, but liability a/c . it will reflect from GL , it is possible .
1)What cannot be consolidated in GCS? 2) When you setup calendar in GL is it possible to change it?
what is the difference between before pages trigger and after parameter trigger in reports ?
explain with examples what r the roles & Responsiblities of a functional consultant who reviews the Test Scripts, Test Cases and Test Execution Results of AP, FA and GL.
what is the meaning of purchase default and what are the types
What is meant RD020
encumbrence set ups?
How do write a discoverer report to identify zero dollar suppliers/invoices where the supplier is on hold?
What kind of budgets have you worked on?
