Overdue Invoice Checking

Overdue Invoice Checking, or OIC, calculates the sum of outstanding financial transactions for the customer account and compares this figure to the specified OIC limit on the account.

If the limit is exceeded, the order line being entered fails OIC. The financial transactions included in this calculation can be defined in the Ledger Allocation Indicators.

This check calculates the overdue amount as the sum of debits on the account with a due date prior to the current login date and with allocation indicators defined as being included in the OIC calculation.