Total Secured Receivables field KNKK-ABSBT

Question

Hi,
I need to understand which is the working of field KNKK-ABSBT Total Secured Receivables, into transaction FD32/FD33. Can this field be filled with the insured amount which we fill in the master data field KNB1-VLIBB?
Many thanks,
regards
Roberta

Answer 1

Hi Umberto,
In addition to Credit Management, there are several other ways to guarantee payments including letters of credit, export credit insurance, and payment cards. These forms of payment guarantees are all integrated in the Risk Management for Receivables component, providing you with an efficient tool for guaranteeing the payment of all billing values that arise in sales and distribution processes. The payment guarantee procedure is dependent on the customer and a document payment guarantee procedure. These can be determined in Customizing for Sales and Distribution
The amount of a receivable guaranteed for payment is stored in the line item, which is the one represented as total at field name ABSB,  and can be displayed when displaying documents, the line item itself and in the credit overview (with line layout variants).
In risk management, the credit value of a sales order is calculated as follows:
Total value = open confirmed quantities * credit price
(In the standard system the credit price is calculated by totaling the net value plus taxes.)
Guaranteed value = total value * guaranteed factor
Credit value = total value - guaranteed value
Hope this helps,
GG