Define Transaction Calendar

Define a transaction calendar for the Prompt Payment processes.

Follow these steps:

  1. Create a transaction calendar that includes all public holidays as nonworking days.

  2. Create a General Ledger Lookup Type called GL_PROMPT_PAYMENT.

  3. Add PROMPT_PAYMENT_CALENDAR as a lookup code.

  4. Specify the transaction calendar name as the meaning for the PROMPT_PAYMENT_CALENDAR lookup code.