Credit Limit with period

[Former Member]

Dear Experts,

We have configured credit management in our client site. Now the requirement from the client is as below:

Credit limit and credit period should be taken in to consideration in credit management.

For example : Customer will be given the credit limit Rs.10,00,000/- with 30 days credit period.

Customer should pay the credit due within 30 days or else penalty will be received from customer.

Kindly guide me, how to configure this scenario in the system.

Thanks & Regards,

Reji S

[Former Member · Accepted solution]

Hi,

Hope credit managment intial settings are done i.e

Risk category is defined and assigned in FD32

Credit control area is defined and assigned to company code or sales area

credit group is defined and assigned to sales document in VOV8

Now based on 3 parameters i.e Credit control area ,Risk category ,credit group in OVA8 make the following settings

Dynamic credit check is checked

Reaction is C or D

Horizon is 30 days

In FD32 set the credit limit to 100000 for that customer.

By executing these settings, customer will have a credit limit of 100000 for 30 days