What is 'default risk rule' in SAP IS-B-RA-CL - Default Risk and Limit System?

default risk rule - Overview

• Component: IS-B-RA-CL

• Component Name: Default Risk and Limit System

• Description: Technical term for how individual transactions are grouped together based on their business properties. The individual groups are valued using a standard method.

default risk rule - Details

• 
  Key Concepts: 
  Default risk rule is a component of the IS-B-RA-CL Default Risk and Limit System. It is used to define the risk parameters for a customer or a group of customers. The parameters include the maximum credit limit, the maximum exposure, and the maximum number of days overdue. 
  
  How to use it: 
  The default risk rule is used to set up the risk parameters for a customer or a group of customers. The parameters can be set up in the system by entering the customer's credit limit, exposure, and number of days overdue. The system will then calculate the risk associated with that customer or group of customers and generate a report that can be used to make decisions about granting credit. 
  
  Tips & Tricks: 
  It is important to regularly review and update the default risk rule parameters in order to ensure that they are up-to-date and accurate. This will help to ensure that customers are not granted more credit than they can handle and that their risk is properly managed. 
  
  Related Information: 
  The IS-B-RA-CL Default Risk and Limit System is part of SAP's Business Suite software package. It is designed to help businesses manage their credit risk by providing an automated system for setting up and managing default risk rules.