What is 'negative and premium customer lists' in SAP FIN-FSCM-CR - Credit Management?

negative and premium customer lists - Overview

• Component: FIN-FSCM-CR

• Component Name: Credit Management

• Description: Classification of customers into groups of those who a company deems to have unrestricted creditworthiness premium customers, and those who are deemed to be not creditworthy negative customers. Companies can configure the classification of customers as "premium" or "negative" according to their own criteria.

negative and premium customer lists - Details

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  Key Concepts: 
  Negative and premium customer lists are used in SAP Credit Management to identify customers who should be given special attention when granting credit. Negative customer lists contain customers who have a history of not paying their bills on time or at all, while premium customer lists contain customers who have a history of paying their bills on time and in full. 
  
  How to use it: 
  In SAP Credit Management, negative and premium customer lists can be used to determine the credit limit for a customer. Customers on the negative list will be given a lower credit limit than customers on the premium list. The credit limit for customers on the negative list can also be adjusted based on their payment history. 
  
  Tips & Tricks: 
  It is important to regularly review the negative and premium customer lists to ensure that they are up-to-date. This will help ensure that customers are given the appropriate credit limit based on their payment history. 
  
  Related Information: 
  For more information about SAP Credit Management, please refer to the SAP Help Portal (https://help.sap.com/viewer/product/FIN_FSCM_CR/).