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    amaury giraud
    How to setup Immediate payments terms for Credit memo AP
    Topic posted October 22, 2019 by amaury giraud, tagged Cash Management, Configuration, Financials, Help Center, Payables, Setup / Administration 
    14 Views, 1 Comment
    Title:
    How to setup Immediate payments terms for Credit memo AP
    Content:

    Hello,

    I would like to know if it's possible to have immediate payments terms defaulted for credit memo in AP ?

    At the moment, the payments terms are the same as for an invoice, but as we receive the invoices and credit memo separately, the due date is different,and it can create problems when we pay invoices/credit memo : the credit memo is not automatically deduced from invoice because of due date

    Thanks in advanced,

     

    Amaury

    Version:
    19D

    Comment

     

    • Julien Dubouis

      Hi Amaury,

      There is currently no way of having a different defaulting of payment terms on invoices and on credit memos. Only Payment Requests and Prepayments can have a dedicated Payment Terms setup.

      I remember opening an ER in 2016 about it for an important French Telecom company. I think it was Bug 25313476 : AP CREDIT NOTE PAYMENT TERMS SHOULD NOT BE DEFAULTED FROM THE SUPPLIER SITE considered an extremely desirable feature for the last three years (a small victory considering that Bug 2686332 is about the same feature and is considered a minor improvement to E-business Suite 11.5 since 2002). I opened an idea for you here : https://cloudcustomerconnect.oracle.com/posts/a2daa55053

      You can also support Cédric Amiard's idea : Pay invoice along with related correction credit memos together during Payment Process Request https://cloudcustomerconnect.oracle.com/posts/2ffef2cfa1

      Thanks