What is emergency credit limit in SAP IS-U-BI - Contract Billing?

SAP Term: emergency credit limit

• Component: IS-U-BI

• Component Name: Contract Billing

• Description: Emergency credit limit is the maximum amount a customer can borrow for gas consumption. If a customer runs out of credit on their meter and is temporarily unable to buy any more credit, they can borrow emergency credit. The amount of credit a customer can borrow is set in the meter, for example, 2 Dollars. This is the emergency credit limit. If the customer has no more credit, or if the credit reaches a certain level, he or she can press a button on the meter to accept the emergency credit.

Smart SAP Assistant

• Key Concepts: 
  Emergency credit limit is a feature of the IS-U-BI Contract Billing component of SAP. It allows customers to exceed their credit limit in an emergency situation, such as when they need to purchase an item urgently. The emergency credit limit is set by the customer's credit manager and is usually higher than the regular credit limit. 
  
  How to use it: 
  In order to use the emergency credit limit, customers must first contact their credit manager and request an increase in their regular credit limit. Once approved, the customer can then use the emergency credit limit to purchase items that exceed their regular credit limit. 
  
  Tips & Tricks: 
  It is important to note that the emergency credit limit should only be used in an emergency situation and should not be used as a way to purchase items that are not necessary. Additionally, customers should be aware that any purchases made with the emergency credit limit will be subject to higher interest rates than those made with the regular credit limit. 
  
  Related Information: 
  For more information on the IS-U-BI Contract Billing component of SAP, please refer to the official SAP documentation. Additionally, customers can contact their credit manager for more information on how to use the emergency credit limit feature.