What is Dunning in SAP?
When the customer misses its payment for the Outstanding invoice within the specified payment due Date. The dunning letter is sent to the customer’s Address for reminding the customer of the outstanding payment. In this blog, we will explore more about What is Dunning in SAP?
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Requirements:
The dunning system enables to trace of liable customers who have not paid their open invoices within a given time span. It enables you to handle the process form. example:—Sending a reminder to the customer of their outstanding payment by referring such customers to collection agencies. Master SAP with top-notch SAP classes in Pune. Learn from industry experts and enhance your skills for a successful career. Enroll now!
Configuration Steps 1)DUNNING PROCEDURE Financial accounting New–A/c Receivable/A/c Payable–Business Transaction–Dunning–Dunning Procedure–Define Dunning Procedure (FBMP) Click On new Procedure Dunning Procedure
Name: Dunning Procedure for customer outstanding
Dunning Interval:
Grace Period______________ Interest Indicator:———–01 { }Standard Transaction Dunning ENTER Select Dunning Text Button Update Company Code click on New Company code button and update your Company Code and ENTER Tick Mark { } Separate Notice per dunning level Go back and select YES BUTTON for the message to save.
STEP 4:-Click on DUNNING LEVEL BUTTON and select check box { } always dun for all your level
STEP 5: Select CHARGE BUTTON and update the currency key. On the MAINTAIN DUNNING PROCEDURE Charges screen maintain dunning level and dunning charges.
DUNNING LEVEL DUNNING CHARGES 1 500 2 500 3 500 4 500 SAVE AND SELECT DUNNINGN TEXT Normal dunning procedure
1 F150_BE_DUNN_01
2 F150_BE_DUNN_02
3 F150_BE_DUNN_03
4 F150_BE_DUNN_04
Assign Dunning procedure to customer creation master data {FD02} ACCOUNTING—FINANCIAL ACCOUNTING–A/C RECEIVABLE–CHANGE FD02 SELECT YOUR CUSTOMER AND UPDATE YOUR COMPANY CODE.
Author:-
Priyanka Jubre
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