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Finance Charges in AR

Posted: Thu Apr 15, 2010 2:28 pm
by kommineni7
Hi,

Can some body tell what are the major changes relating to Finance charges in 11i Vs R12.

Please confirm below points are correct

in 11i, at max we can create Adjustment using receivable activity to record finance charges?

in R12, we can create interest invoice/Debit memo/Adjustment?


Thanks so Much,
Venkatesh

Posted: Tue Apr 20, 2010 8:44 am
by karthikeyanp1981
There are many more ....
Released Content Document (RCD) has the details of the major changes in Release 12 also the new features ...

Regards,
Karthikeyan

Posted: Tue Apr 20, 2010 2:49 pm
by kommineni7
Thanks Karthik,

Based on RCD for R12 i understood that, in R12 we can create debit memo, interest invoice or adjustment.

my questions here is what is the existing functionality in 11i relating to finance charges. can you brief?