credit management, dynamic check

[Former Member]

Hi,

Whats the use of Dynamic check ,Horizon,in ova8. in which scenario we use this check.please give me with examples.

Whats the difference between the Open Item check and Open Orders.

Paul.

[Former Member · Accepted solution]

Hello,

Hi,

Dynamic credit Check:The customer's credit exposure is split into a static part; open items, open billing, and delivery values (see above), and a dynamic part, the open order value. The open order value includes all undelivered or only partially delivered orders. The value is calculated on the shipping date and stored in an information structure according to a time period that you specify (days, weeks, or months).

When you define the credit check, you can then specify a particular horizon date in the future (for example: 10 days or 2 months, depending on the periods you specify). For the purposes of evaluating credit, you want the system to ignore all open orders that are due for delivery after the horizon date. The sum of the static and dynamic parts of the check may not exceed the credit limit.

Prase