request to explain the function of NoDays openI in credit management with

[Former Member]

Dear Gurus

request to explain the function of "NoDays openI" in credit management with example.

[Former Member]

thanks

[Former Member]

Hi

No of days open/outstanding in credit management is typically the number of days past due an item is in AR without being cleared (paid). Example would be that if a customer is given a payment term that saids payment due in 30 days. It is now 45 days and you still have not received paymment then the no of days outstanding (past due) is 15.

[bcrao]

Hi,

We need to enter- how many allowed days for invoiced item can be open with out receiving payment from customer- after that- we set out condition- like warning or error

[Former Member]

Hi

Typically what you speak of sits with credit management in FI in that they have aging reports that help them manage invoices that are open/past due. They can then expedite as they see fit.

If you want to set controls in sales order processing, you can use the oldest open item flag in OVA8 and assign the number of days overdue that is allowed for the credit groups you want