What is dunning in SAP SD-FT - Foreign Trade?

SAP Term: dunning

• Component: SD-FT

• Component Name: Foreign Trade

• Description: The process of notifying vendors to ensure the resubmission of vendor declarations that are about to reach their expiration dates. If a vendor declaration expires, it is not valid proof of a product's origin.

Smart SAP Assistant

• Key Concepts: 
  Dunning is a process in SAP Foreign Trade (SD-FT) that is used to remind customers of their overdue payments. It involves sending out reminders and notifications to customers who have not paid their invoices on time. The dunning process can be automated or manual, depending on the customer's preferences. 
  
  How to use it: 
  In SAP Foreign Trade, dunning is set up in the Dunning Procedure Configuration (transaction code OVA8). Here, you can define the dunning levels, the dunning texts, and the dunning intervals. You can also specify which customers should be included in the dunning process and which should be excluded. 
  
  Tips & Tricks: 
  When setting up the dunning procedure, it is important to consider the customer's payment terms and preferences. You should also make sure that the dunning texts are clear and concise so that customers understand why they are being reminded of their overdue payments. 
  
  Related Information: 
  For more information about setting up dunning in SAP Foreign Trade, please refer to the SAP Help Portal (https://help.sap.com/viewer/product/SAP_ERP_SD_FT/6.0/en-US).