What is Dunning in SAP AP-DUE - FIN Due Item Processing?

SAP Term: Dunning

• Component: AP-DUE

• Component Name: FIN Due Item Processing

• Description: A reminder or demand from a company creditor to a business partner debtor to make a payment by a certain point in time.

Smart SAP Assistant

• Key Concepts: 
  Dunning is a process used by SAP to remind customers of their overdue payments. It is part of the Accounts Payable (AP) component of the SAP system, specifically the FIN Due Item Processing (AP-DUE) module. The dunning process involves sending out reminders to customers who have not paid their invoices on time. The reminders can be sent in the form of emails, letters, or other communication methods. 
  
  How to use it: 
  The dunning process is triggered when an invoice is overdue. The system will then send out a reminder to the customer, informing them that their payment is overdue and requesting that they make a payment as soon as possible. The system can be configured to send out multiple reminders at different intervals, depending on how long the invoice has been overdue. 
  
  Tips & Tricks: 
  It is important to configure the dunning process correctly in order to ensure that customers are reminded of their overdue payments in a timely manner. It is also important to ensure that the correct contact information is used for each customer, as this will ensure that the reminders are sent to the right person. 
  
  Related Information: 
  For more information about SAP's dunning process, please refer to SAP's documentation on Accounts Payable (AP) and FIN Due Item Processing (AP-DUE). Additionally, there are many online resources available which provide detailed information about how to configure and use SAP's dunning process.