Risk Categories

[Former Member]

Dear All,

What are the different types of risk categories in credit management?

Regards

Nirmal

[Former Member · Accepted solution]

Hi,

1.high risk category

2.low risk category.

u can create ur own risk categories as per ur requirements

Ex:as per the financial capabilities of the customer

regards..

yogi..

[Former Member]

Generally we use

1. High risk

2. Medium Risk

3. Low risk

4. No risk Depends how your client do business.

Generally we assign High risk for new customers.

Thank you

ANil

[Former Member]

Hello,

Depends upon the business decision. Risk categories are used to control credit management effectively in documents.

It can be of Low risk, Medium Risk, High risk, New customer ...etc...

Prase

[Former Member]

Different Risk Categories in Credit Management are High Risk, Low Risk and Medium Risk and these are maintained in OVA8.

[Former Member]

Hi

The risk catergories specifically say that how much time that the customer pays towards the company.

based on this we can maintain N number of risk categories.

thanks

Kuntla