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FIFO Based Payment allocation to calculate interest on overdue payment

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abhishekp12in

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Dear Expert

Can anyone help me to allocate the payments received on different dates from a customer to invoices on FIFO basis for the purpose to calculate interest on late payment.

note payment is not bill to bill.

no.of bills and payment may be multiple.
 
Can anyone help me to allocate the payments received on different dates from a customer to invoices on FIFO basis for the purpose to calculate interest on late payment. note payment is not bill to bill. no.of bills and payment may be multiple.
 
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