Credit Terms with Grace Period in Credit Management -

Team,
I want to know how to define the following:
Credit Terms: Net 30 days
Grace Period: 5 days
The systems  should not  put Sales Orders on 'credit hold' upto 35 days. On the 36th day (and beyond) Sales Orders should be put on 'credit hold' by the system.
Please let me know where and how to configure above scenario in R/3.
Thanks

Hi Reji,
             To achieve this, you assign two different credit control areas to two different sales areas. Then in "OVA8" you maintain the horizon period differently.(You can maintain in days aswell). and you maintain the overall credit limit as it is in the Customer Credit Master record (FD32) .This should solve the problem.
Regards
Ram Pedarla

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  • Problem with baseline date of Credit memo

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  • Due date calculation for the credit memo with invoice reference.

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    hiii
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    Edited by: Mohammed Riyaz on Apr 24, 2009 4:01 PM

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