Intresst rates for Late Payment

[kishore_mcom]

Hi Oraclle Gurus,

I have question related Intrest Invoice, I have 3 supplier
Supplier A,B,C Intrest rates for Late payments for each supplier is follows

Supplier A Late Payment Charged 7%
Supplier B Late Payment Charged 8%
Supplier C Late Payment Charged 9%

what are the setups recondmended in Payable to define Late payment Charges agains each supplier.

Thanks & Regards

krish

[chinna@1988]

Hi Krish,

If you want to give the interest slab rates for each supplier then you have to do the customization for the Interest rates form.
Navigation is Setup>>Payment>>Interest Rates

Thanks
Nagaraj.