Open order value
The open order value is
the value of all order items which have not yet been delivered.
The open order value is
based on confirmed quantifies (Confirmed quantities x Credit price = Open order
value of an order). An order which has been blocked due to a credit check does
not contain confirmed quantities. The open order value does not increase as
long as the block remains in place.
·Open delivery value
The open delivery value
is the value of all delivery items which have not yet been billed.
Open billing value
The open billing value
is the value of all billing items which have not yet been transferred to
Accounting.
· Receivables from sales
are included in total commitments as long as they have not been indicated as
disputed items. For more information, see the chapter on processing incoming
payments and commitments.
· Receivables from
special G/L transactions are transferred from special commitments to total
commitments if they are relevant to credit limit, for example payments. For
more information, see the chapter on processing incoming payments and
commitments.
The system updates
values based on the payer.
- Use the system settings to specify when you would like
to carry out a credit control check. You could require that checks be
carried out only during sales order processing.
- Subsequent function in Sales and Shipping cannot be
carried out as long as the relevant document is blocked by a credit check.
- A check carried out at goods issue can no longer block
the transaction as goods issue is the final function in Shipping. If a
credit check is carried during goods issue and the transaction exceeds the
credit limit, it is not posted for delivery. The system issues an error
message
The credit control area,
the risk category of the customer and the business transaction all influence
the type and scope of automatic credit checking.
Credit groups combine
different business processes that are to be treated in the same way with
regards to the credit check. These credit groups are assigned to the sales
document types and the delivery document types for which a credit limit check
is to be carried out.
You determine for each
item category, whether an item of that item category is included in the credit
functions. The credit management field must be activated for item categories
that are to be taken into account during the credit check
- The customer credit exposure can be divided into a
static part (open items, open billing values and delivery values) and a
dynamic part (open order value).
- The open order value comprises all partially delivered
or undelivered orders. It is accumulated for the material availability
date within an information structure in freely definable units of time or
periods, ( day, week, month).
- When defining the credit check, you specify a certain
number of the corresponding periods from which the date will be
determined in the future.
- This makes sure that sales orders planned in the
future are not taken into account when determining credit exposure.
- The 'actual date' in this example is the initial date
for determining the open order value on the credit horizon. The 'actual
date' is the current date for each check. In an order, it is the date that
the order is created or changed. In a delivery, it is the date that the delivery
is created or changed.
- The sales order or delivery value may not exceed the
specific value defined in the credit check. This value is stored in the
currency of the credit control area. It is particularly applicable if a
credit limit has not yet been defined for a new customer. You can initiate
this check using a risk category defined for a new customer
- When carrying out a check of this type, a credit check
is triggered by changes made in the document to values of any of the
credit-sensitive fields. These fields are proposed from the customer
master record, and include, for example, terms of payment and fixed value
dates.
