Credit and Commitment Limit
Is there anyone who can give me a comprehensive definition of Credit and commitment Limits?
Please allow me to hear you.
Jimmy Michael replied
In addition to Max's answer, here is the explanation about credit limit:
"Determines whether or not to restrict the creation of sales documents for customers and prompt a warning message according to the specified CreditLimit;of the customer. The credit limit applies to specified types of documents (A/R Invoice, Delivery, and Sales Order)."
The commitment limit is payable limit, it means that total or limit payable from BP is calculated based on invoice, un-deposit check, etc.