Credit and Comittment Limit
Hi,
What is the difference between credit limit and comittment limit?
Hello vasanthi,
CREDIT LIMIT
This is the amount of credit allowed/extended to the Business Partner.
The remaining credit is calculated as:
Remaining Credit = Credit Limit - Account Balance
COMMITMENT LIMIT:
This is the 'Credit Limit' plus undeposited cheques and predated cheques
which have already been deposited, but their payment date has not yet
been reached.
The remaining commitment is calculated as:
Remaining Credit = Credit Limit - [Account Balance + Undeposited
Collections + Deposited (Predated) Cheques]
The 'Account Balance' is typically based on the invoiced transactions
from the 'Account Balance' field of the Business Partner Master Data. To
include the delivered transactions in the 'Account Balance' computation,
tick the 'Consider Deliveries Balance' option in the General Settings ->
BP tab of the Administration module.
Cheques and cash from 'Incoming Payment' are 'deposited' in the system
using the 'Deposit' function of the Banking module.
Regards,
Wilma Wang
SAP Business One Forums team
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Check Credit and Stock on Sale Order
Hi All
Could you please tell me how to check Credit and Stock on Sale Order.
Thank and Best Regard
ThangHow To Do Configuration For Credit Management
Credit and risk management takes place in the credit control area. According to your corporate requirements, you can implement credit management that is centralized, decentralized, or somewhere in between.
An organizational unit that represents the area where customer credit is awarded and monitored. This organizational unit can either be a single or several company codes, if credit control is performed across several company codes. One credit control area contains credit control information for each customer.
For example, if your credit management is centralized, you can define one credit control area for all of your company codes.
If, on the other hand, your credit policy requires decentralized credit management, you can define credit control areas for each company code or each group of company codes.
Credit limits and credit exposure are managed at both credit control area and customer level. You set up credit control areas and other data related to credit management in Customizing for Financial Accounting. The implementation guide is under Enterprise Structure -> Definition or Assignment -> Financial Accounting and then Maintain credit control area. You assign customers to specific credit control areas and specify the appropriate credit limits in the customer master record.
Settings for determining the credit control area of a document. The settings of items 1 - 4 are taken into account according to their priority. The credit control area found is stored in field VBAK-KKBER.
1. Transaction OB38
Check which credit control area is assigned to the company code.
Company code:
Credit control area:
2. Transaction OVFL
Check which credit control area is assigned to the sales area.
Sales area:
Credit control area:
3. Transaction XD02 or VD02
Check which credit control area is assigned to the payer.
Payer:
Credit control area:
4. Transaction SE37
Is user exit EXIT_SAPV45K_001 being used?
5. Transaction OBZK
For the settings under items 2 - 4, field "All company codes" must be marked in Transaction
OB45, or the credit control area must be entered under the relevant company code in table
T001CM of the credit control areas allowed.
Company code:
Credit control areas allowed:
6. Settings for the credit checks
7. Transaction OVAK
Which settings do exist for the sales document type used?
Sales document:
Check credit:
Credit group:
8. Transaction OVAD
Which settings do exist for the delivery type used?
Delivery type:
Credit group for delivery:
Credit group for goods issue:
9. Transaction OB01
Credit management/Change risk category
Definition of the risk category for each credit control area. This risk category can be
assigned to a credit account by using Transaction FD32.
10. Transaction OVA8
Here, the individual credit checks for key fields
o credit control area
o risk category
o credit group are set. Take these key fields from the above settings and go to the detail
screen. In particular, check whether fields "Reaction" and "Status/block" are set
correctly. To carry out follow-up actions in case of a credit block, the credit check
status must be set (field "Status/block").
11. Transaction FD32
Credit master data for the payer of the relevant document.
Credit account:
Credit limit:
Risk category:
Currency:
12. Settings for updating the credit values Update of the credit values is required for the limit
check (static or dynamic credit limit check).
13. Transaction OVA7
Update of the credit value is active for the corresponding item type if the check box is marked. This field corresponds to
field "Active receivable" in Transaction VOV7.
Item type:
Active receivable:
14. Transaction V/08, Pricing
In the pricing procedure used for pricing, subtotal "A" must be entered in a line for
determining the credit value (mark the pricing procedure and doubleclick on "Control").
Usually, the net value plus taxes is used. This way the system is determined to use this
subtotal for credit pricing. The credit price is stored in field VBAP-CMPRE and used for
update and credit check.
You can find the used pricing procedure of the order under "Item -> Condition -> Analysis".
Pricing procedure:
Line with subtotal = 'A':
15. Transaction OB45
Which update group (field "Update") do you use in the relevant credit control area? The
default setting is "12". If you use another update group, check whether this is fine with
you. If you open an OSS message, please tell us the alternative update group.
Credit control area:
Update:
16. Transaction OMO1
Which kind of update did you choose for structure S066?
In any case, "Synchronous update (1)" has to be chosen as the kind of update.
All other settings will lead to errors
Regards
Raja
Edited by: ramanathan raja on Jul 25, 2008 4:37 PM -
I have an iTunes account with a $25.00 credit but everytime I go to purchase a song, it goes to my credit card details. How do I use the iTunes credit and not the credit card?
Just to confirm, you are logged into the iTunes Store using the account in which the balance exists, and the balance is showing at the top of the iTunes Store window? And you're not trying to purchase gifts for someone else?
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iTunes will not use the redeemed gift cards on my account, I have a $30 credit and when I try to purchase a song it goes right to my credit card on file. Why does this keep happening???
Any time you've changed anything in your billing, it does this once to very things.
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How can I gain access to the itunes store? I have had an account for 2 years and 10 days ago it stopped allowing me access. I have credit and can't use it.
You have encounter Activation Lock, the antitheft feature of the iPhone. The previous owner did not remove the phone from their account. The phone cannot be used until they do. Return to the store and let them sort this out. It is very unusual for someone to "forget" to disable activation lock, as it is necessary to do so to erase personal information on the phone. So it is quite likely you bought a stolen phone.
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Tracking of due dates in case of letter of credit and bank guarantee
Hi
In case of letter of credit and bank guarantee can a track be kept in sap for bill negotiated and due (means the vendor has claimed payment but payment from us to our bank is not due) ,
negotiated and due(means our payment is due)
and bills negotiated and overdue (means payment from our side to our bank is overdue)
how is it possible plz explain in detail as i have never worked ob LC and BG.
Thanks in advance.Hi
Thanks for the answer I will try to explain my requirement .
In case of import and exports Letter of credit and bank guarantee are opened with the bank. There can be amendments also after its creation in terms , amount or validity period. Then it is negotiated and retired.
An example : A letter of credit is opened on 1st Jan. The goods are shipped on 7th Jan .Credit term given by our bank (in case of import) is 1 month which is counted from the shipment date and it expires on 7th feb. The vendor negotiates the bill on 15th jan.
The requirement is to get a report of u2018negotiated and dueu2019 and u2018negotiated and overdueu2019category.
Like from 15th Jan to 7th Feb the bill negotiated by the vendor comes under u2018negotiated and dueu2019 category and after that it comes under u2018negotiated and overdueu2019category.
List of letter of credits established , negotiated , retired and balance if any.
Letter of credit wise u2013 Bank charges paid. i.e at the time of opening , amendment , negotiation and retirement.
Same in case of bank guarantee also.
Plz explain me how can this be tracked and how to configure this. -
Hi, im using itunes store and i bought some songs and apple send me a email, and it says it was a receipt. It also said that its bill to : Store credit, and the total of the order is 1.98 $. So do i have to pay this or its just a proove of purchase ?
Launch iTunes. From the menu bar click Store / View My Account
Click: Edit Payment Information
Make sure you have the correct Security Code.
Then click: Done
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hello, why is all of my music on my iphone but only a few songs on my itunes on my laptop? it seems like its not updating on my laptop because it still says i have credit and i know i that there isnt any please help thanks
If they are iTunes purchases that you bought on your phone then have you copied them over from it to your computer's iTunes ? If that is the computer that you sync the phone to then you should be able to copy them over by connecting it and doing File > Devices > Transfer Purchases. Or (depending upon what country that you are in) you might be able to redownload them directly on your computer's iTunes via the Purchased link under Quicklinks on the right-hand side of the iTunes store homepage.
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Expected Value and Overall limit value usage.
Hi Sap Gurus,
if the frame work order we have these 2 field Expected value and overall limit field value to be filled,
and the system allows Invoice (or GR) up to the maximum of the overall limit value. and only if the value entered crosses the overall limit value the system issues a Error Message ( which is agreeable)
but the logical requirement is that, if the value crosses the Expected value limit the system should display a warning message, indicating that the value has crossed the expected value.
is there any config or note to be applied to get this funtionality.
Thanks and regards
Priya SHi,
Please refer to the Online documentation:
Material Management
-> External Services Management
-> Procurement of Services: Processes
-> Accelerated and Simplified Processes
-> Use of Value Limits (for Unplanned Services)
Inside this documentation, it is stated that there is a variety of
limits (combinations) to be used:-
- Overall limit only
- Overall limit and limit on services covered by contract item(s)
- Overall limit, limit on services covered by contract item(s),
- and other limit
- Overall limit and other limit
- Overall limit on services from model specifications or standard
service catalog
- Expected value
The expected value is used in the update of the
PO item value and this is the value used in the release strategy.
Here is the f1 help:
Expected value - ESUH-COMMITMENT
Value that the unplanned services (or the materials) covered by this
item are not expected to exceed.
Use
If you are working with the release (approval) procedure for purchasing
documents, this value serves as the basis for a release strategy applied
to this document.
If you tick 'No limit',you don't need to enter 'Overall limit',but must
enter 'Expected value'.Because 'Expected value' will affect the release
strategy. Please read the note 440601 connected to this.
Concerning the variability of actual cost of a purchase order,
expected value means that the unplanned services (or materials)
covered by this item are not EXPECTED to exceed.
It is not mandatory that it has the same value like total limit value.
Expected value can exceed, it is used for comparison with total limit
value in cost control.
Expected value can also be combined with unlimited total limit in a
purchasing document.
Regards,
Edit -
User Exit for validating overall limit field and expected limit field-ME2xN
Dear Gurus,
Can you please suggest me any user exit or BAdi to validate the overall limit field and expected limit field in transaction ME2xN.
Or any other way to to achieve this functionality in ME2xN.
Our Requirement is while raising a service PO in the Limits tab the 'Overall limit' should be same as 'Expected Value', at present the user can enter overall limit greater than 'Expected Value'.
Regards,
Priyank Joshithis will not work. you cannot add another structure (AUFK) on top of CEBAN. all characteristics have to be of one structure and since you want to release a PR it has to be CEBAN. before attempting to program something around that why do you not go to tx. OLME -> PR -> Release Strategy -> With Classfication -> Release Strategie and run it in a simulation mode. you will then see how it reacts.
there's a white-paper on service.sap.com explaning in detail release-strategies. it's a good one and a good read too! -
I bought the new ipad this weekend and had £15 credit. For some reason it charged 13 items to be credit and debit card and did not load the item onto the ipad- does anyone know how I can get this credited?
More update on y situation. Now on both the IPAD and IPAD2 I can not got to view my purchase History, it says it can not connect to the ITUNES store, but yet I can still d/l apps and can view my account etc etc etc.
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How to make use of byte array to perform credit and debit in Wallet Applet
Hi,
Can anyone please explain me how to use the concept of byte arrays.. to perform credit and debit operations of a 6byte amount. Say for example.. the amount contains 3 bytes whole number, 1 byte decimal dot and 2 bytes fractional part.
It would be helpful if anyone could post a code snippet.. that way i can undersatnd easily.
Thanks in Advance
NaraHello
as explained in the other topic, remember your high school years and how you leart to add numbers.
then, reproduce these algorithms for base-256 numbers.
fractional? just google about fixed point math and floating point math. The first one is easier, as they are managed as integers.
example, you want to store 1,42€. Then you decide the real number to deal with is N*100, and you store 142. You get 2 decimal places of precision.
in the computer world it's easier to store n*256 as it's just a byte shift.
then the addition operations are the same, and you just interpret the values as fractional numbers.
regards
sebastien -
How to enter letter of credit and bank draft
hi,
1) if i would like to enter letter of credit and bank draft in system, what tcode to do so?
2) it is statistical or noted?
3) LC can be from customer and vendor?
4) bank draft only for customer, right?
thanksHi,
First you have create special G/L Indicator for customers/vendors and assign the same in OBXT and create LOT transaction in t.code F-55.
Try once and given feedback.
Regards
Sarma BH -
Hi all ,
I have a requirement to Post Cash Journal Document using FBCJ tcode.
Is it possible multiple line items debit & single line item credit and different cost centers and different profit centers
for exp:
pk GL a/c description amount cost center profit center
40 400101 telephone exp 500 1403 P 1000
40 400101 telephone exp 100 1404 P 2000
50 200100 cash in hand 600-
This is My requirement is it possible in fbcj
Please suggest me.ASAP.
Regards
Naresh.Hi,
This you can do it in two ways:
1. Make three header under top level....one Product A, 2nd Product B ( as Billing element) and third as Common expense ( only cost). Now 1st & 2 nd WBS, you have to have sales order linking with individual lint item, for third you will accumulate all the common expense till the period end then make a reposting of the same in desired proportion to both products WBS hierarchy
(This is if you want to have a track on the common expense as well.......like planning, budgeting & control)
After this reposting, run RA for individual billing element and hence you will all the complement detailing and control over Revenue and expense with respect to Product A and Product B individually.
2. If you don't want to maintain that kind of detailing the common expense and keep track of it through project, then have cost centers accordingly and make an assesment/ distribution with respect to expenses accumulated at those cost centers for the period to the respective WBS under each product. Then execute the period end processes for the project.
Or
You can try with have two more line items in the costing sheet as an overhead against common expenses with respect each product.
I hope this should help you.
Regards
Avisek Bhardwaj -
Difference results in credit and debit amount in sap bi report
Dear Experts,
In SAP BI FIGL report for a particular company code credit and debit amount are matching but the net balance is coming to some few decimal places like 0.03.
Also when I have executed the same report the other time it is showing 0.00 in the net balance.
What could be the reason for the same.
ThanksHi Deepu,
Thanks very much for the reply.
I had a look at that note, and found that using this method, I could get it to work if the BI report was embedded into a simple frameset (assuming that the fully qualified domain was used to address the frameset)
Unfortunately, it still doesn't help when using the Sharepoint iview viewer - it just continutally reloads itself as before.
Are there any other solutions?
It seems a bit of a dodgy solution having to embed javascript into every web template or frameset page on which we want to display an iview from SAP - surely there is a better method than this????
Thanks again for your assistance - I appreciate you taking the time to reply!
Regards
Richard
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