cancel
Showing results for 
Search instead for 
Did you mean: 

Credit Management with advance payment

former_member477577
Participant
0 Kudos

Hi,

We have credit management scenario with advance payment.

In most cases the customer pays an advance. This advance may / may not be against a specific Sales order. At the time of checking the Credit limit, the system has to check the customer advance account as well.

We have 2 types of products u2013 standard (fast moving products) for which there is a min stock defined. There is also a non standard product for which there is no min stock defined.

When a customer places order for standard products & pays an advance against that, this advance may be used to deliver any product in any sales order for standard items. Hence for standard products advance is not linked to a sales order.

However, in case a client places an order for Non standard product & pays an advance against that order then that advance cannot be used to deliver a standard product.

This is to ensure that if advance is paid for non standard profiles, then advance paid against that should not be used to clear orders for standard products.

This can be administered correctly by locking an advance received to specific sales orders. This can be done at the time of receipt of advance & order confirmation.

If this is possible then please suggest step by step configuration.

Accepted Solutions (0)

Answers (1)

Answers (1)

former_member217082
Active Contributor
0 Kudos

Hi

If the credit limit is specific to only few customers who pays in advance then you can go with dynamic credit check.

Please go through this link which will help you for configuration

http://help.sap.com/saphelp_erp60_sp/helpdata/en/4d/4653b0cfd70692e10000000a42189b/frameset.htm

Regards

Srinath