ERPstuff - Oracle EBS Community

Pls Explain the Concept of Zero Payment

And also the purpose of Zero Payment.

What are the related setups define before making Zero Payment

Thanks

Hi
Zero payment concept is normally used to pay basic invoices with offsetting debit or credit memos, or to record invoices with offsetting distributions as paid, so they are no longer included on the invoice aging report. Setups includes to set 'Allow zero payment' check box to 'yes' (payables options>bank accounts).