How to use UDM_STRATEGY - Collection Strategies

SAP Transaction Code - Details

• Transaction Code: UDM_STRATEGY

  Description: Collection Strategies

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Financial Supply Chain Management > Collections Management > Current settings > Strategies

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: UDM_STRATEGY

    Package Description:

    Parent Package:

  • Module/Component:

    Description:

Smart SAP Assistant

• SAP Tcode: UDM_STRATEGY - Collection Strategies

  
  Overview:
  The SAP transaction code UDM_STRATEGY is used to manage collection strategies in SAP. It allows users to define and maintain collection strategies for customer accounts. This includes setting up payment terms, payment methods, and other parameters related to the collection process. 
  
  Functionality:
  The UDM_STRATEGY transaction code enables users to define and maintain collection strategies for customer accounts. This includes setting up payment terms, payment methods, and other parameters related to the collection process. The transaction code also allows users to view and analyze the performance of their collection strategies. 
  
  Step-by-step How to Use:
  1. Enter the transaction code UDM_STRATEGY in the command field of the SAP Easy Access screen. 
  2. Select the “Create” button to create a new collection strategy. 
  3. Enter the required information such as payment terms, payment methods, and other parameters related to the collection process. 
  4. Select “Save” to save the new collection strategy. 
  5. To view and analyze the performance of your collection strategies, select “Display” from the menu bar and enter the relevant criteria. 
  6. Select “Execute” to view the results of your analysis. 
  
  Other Recommendations:
  It is recommended that users familiarize themselves with all of the features available in UDM_STRATEGY before using it for their collection strategies. Additionally, users should ensure that they are aware of any applicable legal requirements when setting up their collection strategies in SAP.