on 10-26-2007 7:03 AM
dear all ,
can you tell me about credit process after credit block happens in the system .
what are the ways to inform release authority about the credit block and is it possible to send a sms to the release authority and get his approval from him and if possible what are the other system we need to do this.
rgds
barani
Hi,
If there is an error due to credit blockage while doing PGI for delivery.
<b>Cause of Error</b>:If PGI is done on the next day after the outbound delivery is created, this would result in Credit Block, since the system does a credit check for High Risk Customers.
<b>Resolution</b>:FI should release the Credit block for the Delivery note.
VKM3 tcode is used for this.
Basically,Credit management works based on the <b>Risk Categories</b> attached to the Customer credit Master.
There are two types of credit check:
<b>Simple credit check:</b> The customer's credit exposure may not exceed the established credit limit. The credit exposure is the total combined value of the following documents:
- Open orders
- Open deliveries
- Open billing documents
- Open items (accounts receivable
<b>Automatic Credit check</b>
Static Credit check
Dynamic Credit check
Oldest Open item
Highest dunning level
Maximum Document Value
Changes Made to Critical Fields
Overdue Open Items etc.,
Hope this helps.
Regards,
Sophia Xavier
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Hi you can release the sales order through
VKM3
Best Regards
Sainath
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Try using VKM3, check the box n click on the green flag at the application tool bar, the line should turn green and then save it.
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