In this configuration activity you are able to define dunning areas. They could be used for separating the dunning procedures on different groups of customers. Transaction: OB61 IMG Path: Financial Accounting (New) -> Accounts Receivable and Accounts Payable -> Business Transactions -> Dunning -> Basic Settings for Dunning -> Define Dunning Areas Tables: T047M, T047N   When you open the transaction you will get a list of predefined dunning areas. From her you could create new or modify an already existing one.

In this configuration activity you are able to define automatic credit control. These settings will help you to create automatic control system based on master data objects and sales items which business will process. They could be based on sales order creation or creation of invoice in Accounts Receivable module. Transaction: OVA8 IMG Path: Sales and Distribution -> Basic Functions -> Credit Management/Risk Management Settings -> Credit Management -> Define Automatic Credit Control Tables: T691F, T691G, T691D, T691A, T014   When you initially open the transaction you will get a list of already defined automatic credit control groups.   Following …

In this configuration activity we are able to define credit representative groups. Groups are useful when you want to group your customers by credit controller or other characteristic. Transaction: OB02 IMG Path: Financial Accounting (New) -> Accounts Receivable and Accounts Payable -> Credit Management -> Credit Control Account -> Define Credit Representative Groups Table: T024B   When you enter into the transaction you will get a list of all credit representative groups. From here you are able to create a new, copy or edit an already existing one.

In this configuration activity you area able to define risk categories for credit control areas. Those are helpful in cases you want to categorize different level of risks. For example high, medium and low risk customers or new and old and so on. Transaction: OB01 IMG Path: Financial Accounting (New) -> Accounts Receivable and Accounts Payable -> Credit Management -> Credit Control Account -> Define Risk Categories Tables: T691A, T691T   When you enter into the transaction you will see a list of credit control area risk categories.

In this configuration activity we are able to define reason codes used in payment postings. With the help of them you could have different codes and gl account postings based on different cases. Transaction: OBBE IMG Path: Financial Accounting (New) -> Accounts Receivable and Accounts Payable -> Business Transactions -> Incoming Payments -> Incoming Payments Global Settings -> Overpayment/Underpayment -> Define Reason Codes Tables: T053R, T053S, T001       When you open the transaction you will have to choose company code for which you will be able to maintain reason codes.   On the next screen you will see …