What is internal credit line in SAP FS-BA-AN-LM - Limit Manager?

SAP Term: internal credit line

• Component: FS-BA-AN-LM

• Component Name: Limit Manager

• Description: Upper limit that describes the maximum permitted amount of a credit line. The internal credit line is not communicated to the business partner or group of business partners.

Smart SAP Assistant

• Key Concepts: 
  Internal credit line is a feature of the SAP FS-BA-AN-LM Limit Manager component. It allows companies to set up a credit line for their customers, which can be used to finance their purchases. The internal credit line is managed by the company and is not subject to external credit checks. 
  
  How to use it: 
  The internal credit line can be set up in the SAP system by entering the customer's details and setting the credit limit. The customer can then use the credit line to purchase goods or services from the company. The company can monitor the customer's usage of the credit line and adjust the limit as needed. 
  
  Tips & Tricks: 
  It is important to monitor the customer's usage of the internal credit line to ensure that they are not overusing it. The company should also ensure that they are able to collect payments from customers who use the internal credit line. 
  
  Related Information: 
  The internal credit line feature is part of the SAP FS-BA-AN-LM Limit Manager component, which also includes features such as external credit checks, payment terms, and risk management.