What is 'actual credit' in SAP CO - Controlling?

actual credit - Overview

• Component: CO

• Component Name: Controlling

• Description: The actual credit of a cost center, business process, or order: In -OM the actual credit is the actual activity quantity multiplied by the allocation price. -PC-OBJ, the actual credit is equal to the amount credited to the order based on the goods receipts.

actual credit - Details

• 
  Key Concepts: 
  Actual credit is a term used in SAP Controlling (CO) to refer to the amount of credit that has been used in a given period. It is calculated by subtracting the total amount of credit available from the total amount of credit used. This value is then compared to the planned credit to determine if the actual credit is within the planned range. 
  
  How to use it: 
  Actual credit can be used to monitor and control the use of credit in a given period. It can be used to identify any discrepancies between the planned and actual credit usage, and can help to ensure that the company is not overspending on credit. 
  
  Tips & Tricks: 
  It is important to keep track of actual credit usage in order to ensure that it remains within the planned range. This can be done by regularly monitoring the actual credit value and comparing it to the planned value. If there are any discrepancies, it is important to take corrective action as soon as possible. 
  
  Related Information: 
  Actual credit is closely related to other terms such as planned credit, available credit, and total credit. It is also related to other concepts such as budgeting and financial planning. Understanding these concepts can help to ensure that actual credit usage remains within the planned range.