Defining Credit Limits for New Customers Credit and Risk Management in FI/SD

Use

If you create a master record for a new customer, but do not define any credit data, no credit control is performed for this customer. If you want a new customer to be automatically subject to credit control, then you need to create a credit control area for new customers.

Procedure

1. In Customizing, choose Enterprise Structure
® Definition ® Financial Accounting ® Maintain credit control area.
2. Now choose Edit
® New entries.

Enter a Credit control area (for example NEW) and enter data in at least one of the Risk category, Credit limit, and Rep.group fields.

3. Save your data.

Result

You have now created a credit control area for new customers for which a credit check is effective as soon as the customer has been created.