FI - AR

Question

Hello Experts,
Can some one give me brief introduction on SAP FI credit management (both AR and FSCM).
Appreciate if someone can send me any configuration documents on credit management.
Regards,
Sriram

Answer 1

HI,
One of the interesting Q, FSCM different based on the following ways .
With SAP Credit Management (FIN-FSCM-CR) you can operate a centralized credit management. The business systems connected (for example, Sales and Distribution, Logistics Execution, Financial Accounting) report the commitment of a business partner to SAP Credit Management (FIN-FSCM-CR) via XML. These reports are then consolidated into the credit exposure in SAP Credit Management (FIN-FSCM-CR) and checked against the current credit limit for the business partner. In addition to the credit limit check, you can also carry out other checks, such as oldest open item, maximum dunning level, or last payment.
Score and Credit Limit Calculation and Credit Limit Check (Credit Rules Engine)
SAP Credit Management (FIN‑FSCM‑CR) enables you to automate certain processes by applying certain rules. These rules are controlled by the Credit Rules Engine and hence support the subsequent automated business processes.
●     Rating of Business Partners
A procedure is assigned to each business partner; each procedure has a formula for calculating the rating value. You can define the formula to meet your own requirements using various data that is available as input parameters for the formula. SAP Credit Management (FIN‑FSCM‑CR) also has mass processing functions that enable you to recalculate the rating value or change the rating procedure simultaneously for a large number of business partners.
●     Determining Credit Limit
You can calculate the credit limit of a business partner automatically. Using SAP Workflow, you can implement an approval procedure where changes to a credit limit can be checked and approved by a superior.
●     Rules for Credit Check
You can define rules for determining which credit checks are carried out. Here you can choose whether, in addition to the check for the credit limit utilization, other checks are to be carried out, for example, the maximum age of the oldest open item, or the maximum number of dunning transactions of the business partner.
You can also define what consequences a negative check result is to have (for example, block sales order, block customer account, or trigger workflow).
Credit Information and Credit Decisions
The credit analyst requires information from different systems to make decisions quickly and efficiently about blocked orders or the amount of the credit limit. SAP Credit Management (FIN‑FSCM‑CR) supports credit analysts in determining the required customer-related data and analyses in SAP NetWeaver Business Intelligence (SAP NetWeaver BI), and, optionally, in the Credit Manager Portal.
hope this is clear . assign some points.
with regards
Krishna