Define Interest Rates

Define CVFR used to calculate the interest payable on your overdue invoices.

Perform these steps to add the interest rates:

1. In the Setup and Maintenance work area, go to the Manage Interest Rates task:

   • Offering: Financials

   • Functional Area: Payables

   • Task: Manage Interest Rates

2. Click the Add Row icon to add a new interest rate row.

3. Enter the start date, end date, and the interest rate applicable to Treasury invoices.

4. Click Save and Close.