Automatic Payments


Hello Everyone,

Hope you all are doing well.
I recently stuck in finding one concept of value date for the automatic payment process

Does anyone know about this, kindly revert?

Prince JDE


Active Member
From My Oracle Support document E1: 04: How To Write, Update Or Undo Work With Automatic Payment Control Groups Within EnterpriseOne Accounts Payable (P04571, R04571, R04575) (Doc ID 1406480.1)
"Typically, the Value Date applies to draft processing and indicates the date that a payment reaches the appropriate bank."