Dunning error in case of customer creation

Hi,
While Creating of a new customer under this sales org - We got the error about Dunning not being set up .
What could be the missing setting in this case?

Dear Christino,
In customer Master (XD01/ 02) -->Tab: Company Code Data --> Sub-Tab: Correspondence
Dunning-related data are maintained here (say, dunning Procedure in to Field: Dunn. Procedure)
Best Regards,
Amit
Note: Also, refer thread:
[Dunning Area|Re: Dunning Area]
This will be really helpful/ informative.

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