ERPstuff - Oracle EBS Community

Customer payment terms of letter of credit(L/C) and cash aganist document(CAD). in receivables

I have requirement from my client who is in a export business. he has customers who are paying in form of letter of credit(L/C) and cash aganist document(CAD).

How to map this requiremnt in Receivables in R12.0.6.

You should find out the number of days from the invoice date you will receive the payment from the customer and accordingly define the payment terms. In the case of 30 days L/C, it will be 30 days.

Cheers,
Saravanan TG