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You can automatically create a separate invoice for each customer or customer site. The invoice contains information that clearly explains which items the customer is being charged for.

Modifying Interest Invoices

Review and update the automatically created interest invoices with the Modify Interest Invoice window. The Modify Interest Invoice window lets you remove or modify the charges that Oracle Receivables has automatically created.

Interest Invoice Setup

Oracle Receivables lets you set up Interest Invoice so that all customers can have their own specific setup. This means that you can calculate interest differently for each customer, or you can set up Interest Invoice so that interest charges are calculated in the same way for a group of customers.