What is credit limit balance in SAP IS-CC - SAP Convergent Charging?

SAP Term: credit limit balance

• Component: IS-CC

• Component Name: SAP Convergent Charging

• Description: Convergent Charging A monetary counter associated to a currency and intended to limit the use of a service for a period of time.

Smart SAP Assistant

• Key Concepts: 
  Credit limit balance is a feature of the IS-CC SAP Convergent Charging component. It is used to track the amount of credit that a customer has available for making purchases. The credit limit balance is calculated by subtracting the total amount of charges from the customer's credit limit. 
  
  How to use it: 
  The credit limit balance can be used to determine whether a customer has sufficient funds to make a purchase. If the customer's credit limit balance is less than the amount of the purchase, then the purchase will be declined. The credit limit balance can also be used to monitor a customer's spending habits and ensure that they are not overspending. 
  
  Tips & Tricks: 
  It is important to keep track of the credit limit balance in order to ensure that customers are not overspending. It is also important to monitor the credit limit balance on a regular basis in order to ensure that customers are not exceeding their limits. 
  
  Related Information: 
  The IS-CC SAP Convergent Charging component also includes features such as billing and payment processing, usage tracking, and customer segmentation. These features can be used in conjunction with the credit limit balance feature in order to provide customers with an efficient and secure payment experience.