Configuring SAP® ERP Financial and Controlling

Summary

In this chapter we covered the configuration of the A/R subledger, including credit management. Like all aspects within SAP, master data is vital to ensuring that processing goes smoothly. You can see yet again how configuration settings have an impact on transaction processing. Before we can configure an area of functionality, we need to consider all of the upstream and downstream aspects to the business process. This chapter demonstrated that payment terms cannot be set without some idea of what our customer risk profile looks like, nor can we set credit limits for our customers (when setting up the master data) without understanding our tolerance levels for risk. All of these decisions depend on a good understanding of the business ...