1. SAP Glossary
  2. Collections/Disbursements
  3. credit procedure


What is 'credit procedure' in SAP FS-CD - Collections/Disbursements?


credit procedure - Overview

  • Component: FS-CD

  • Component Name: Collections/Disbursements

  • Description: Procedure when transferring coinsurance shares, in which the coinsurance shares are only transferred from the leading company to the coinsurers, or are collected from the coinsurers, after the coinsurance-relevant document has been cleared.


credit procedure - Details


  • Key Concepts: The credit procedure in SAP FS-CD Collections/Disbursements is a process that allows customers to pay their invoices in installments. It is used to manage the payment of invoices and to ensure that customers are able to pay their invoices on time. The credit procedure also helps to reduce the risk of defaulting on payments.
    How to use it: The credit procedure in SAP FS-CD Collections/Disbursements is used to manage the payment of invoices. It allows customers to pay their invoices in installments, and it helps to reduce the risk of defaulting on payments. To use the credit procedure, customers must first be set up as a customer in SAP FS-CD Collections/Disbursements. Once this is done, customers can then enter their payment information into the system and select the credit procedure option.
    Tips & Tricks: When setting up a customer in SAP FS-CD Collections/Disbursements, it is important to ensure that all of the customer’s payment information is accurate and up-to-date. This will help to ensure that payments are processed correctly and on time. Additionally, it is important to keep track of all payments made through the credit procedure, as this will help to ensure that all payments are accounted for and that customers are not overcharged.
    Related Information: For more information about the credit procedure in SAP FS-CD Collections/Disbursements, please refer to the official

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credit procedure - Related SAP Terms

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