What is individual dunning in SAP FS-CD - Collections/Disbursements?

SAP Term: individual dunning

• Component: FS-CD

• Component Name: Collections/Disbursements

• Description: Dunning all open items that are suitable for dunning on an insurance pbject. This means that multiple dunning procedures are possible for each insurance object.

Smart SAP Assistant

• Key Concepts: 
  Individual dunning is a feature of the SAP Collections and Disbursements (FS-CD) component that allows users to send out individual dunning notices to customers who have overdue payments. The notices can be sent out via email, letter, or fax, and can be customized to include the customer’s name, address, and other relevant information.
  
  How to use it: 
  To use individual dunning in SAP FS-CD, users must first set up a dunning procedure. This procedure defines the criteria for when a dunning notice should be sent out, such as the number of days overdue or the amount of money owed. Once the procedure is set up, users can then create individual dunning notices for customers who meet the criteria. The notices can be sent out manually or automatically.
  
  Tips & Tricks: 
  When setting up a dunning procedure in SAP FS-CD, it is important to consider the customer’s payment history and any special circumstances that may affect their ability to pay. This will help ensure that customers are not unfairly penalized for late payments. Additionally, it is important to ensure that all customer information is up-to-date before sending out dunning notices.
  
  Related Information: 
  For more information on individual dunning in SAP FS-CD, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_COLLECTIONS_AND_DISBURSEMENTS/FS-CD/en-US