Download Credit Management PDF

TitleCredit Management
TagsPayments Cheque Invoice Ibm Db2 Credit Score
File Size532.3 KB
Total Pages60
Document Text Contents
Page 31

SAP AG FI/SD - Credit Management/Risk Management

Postings Without Credit Limit Checks

April 2001 31

Postings Without Credit Limit Checks
You can exclude the following postings from the credit limit check:

� Special G/L transactions

� Postings with an alternative reconciliation account

Special G/L transactions
You can specify whether each special G/L transaction should be included in the credit limit
check. In the standard system, down payments are included in this check, but not down payment

When checking the credit limit, the system updates three comparison totals. These include:

� Open receivables

� Special G/L transactions (e.g. down payments and bills of exchange)

� Sales order values, value of goods to be delivered, and billing document value from SD

When the system checks as to whether the credit limit has been exceeded, down payments
received are deducted from the receivables. If you do not want them to be deducted, you will
need to change the system default values.

You do this in Customizing for Accounts Receivable and Accounts Payable by choosing
Business Transactions � Down Payment Received � Define Reconciliation Accounts for
Customer Down Payments

1. Carry out this activity.

2. Choose one of the entries under Sp.G/L.

The system displays the Chart of Accounts Entry dialog box.

3. Enter a chart of accounts.

4. Choose Goto � Properties.

5. Ensure that the field credit limit is not selected.

Alternative reconciliation account
By making use of an additional (alternative) reconciliation account, you can exclude certain
postings from being subject to the credit management update. Proceed by first defining this
account in Customizing for Accounts Receivable and Accounts Payable, and then setting the
indicator Recon. acct ready for input in the G/L account master record.

This function is used in Japan, where various “safe” receivables often need to be excluded from
the credit management update. “Safe” receivables include prepayments and accrued income,
and payment by letters of credit.

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