What is 'credit limit used' in SAP SRD-CRM-ACC - FDN-Account Management?

credit limit used - Overview

• Component: SRD-CRM-ACC

• Component Name: FDN-Account Management

• Description: The amount of credit a customer has expended.

credit limit used - Details

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  Key Concepts: 
  Credit limit used is a feature of SAP Account Management that allows customers to set a limit on the amount of credit they are willing to extend to their customers. This limit is based on the customer's creditworthiness and is used to ensure that customers do not exceed their credit limit. 
  
  How to use it: 
  In order to use the credit limit used feature, customers must first set up a credit limit for each customer. This can be done by entering the customer's creditworthiness into the system and setting a limit on the amount of credit they are willing to extend. Once this is done, customers can then monitor their customers' credit usage and adjust their limits accordingly. 
  
  Tips & Tricks: 
  It is important to regularly review and adjust the credit limits used for each customer in order to ensure that customers do not exceed their limits. Additionally, customers should also consider setting up alerts or notifications when a customer reaches their credit limit so that they can take action quickly. 
  
  Related Information: 
  The credit limit used feature is part of SAP Account Management, which also includes features such as account receivables, account payables, and payment processing. Additionally, SAP also offers other features such as customer relationship management (CRM) and enterprise resource planning (ERP).