Payment guarantees of values to be billed play an important,
central role when selling goods. Since Release 2.2 it has been
possible to use the Credit Management module in the SAP R/3 System
for recognising risks.
From Release 4.0A an additional and efficient tool for guaranteeing against credit risks has been made available in Risk Management for Receivables.
Risk management contains both credit management and the following procedures for payment guarantees:
The form of payment guarantee controls how a sales document item is guaranteed (e.g. guarantee, payment card, unconfirmed or confirmed letters of credit, export credit insurance). The payment guarantee procedure contains the permitted form of payment guarantee for the payer and document type, and controls the sequence in which the system assigns payment guarantee forms to sales document items.
Determining the payment guarantee procedure depends on the following factors:
When determining the payment guarantee procedure In Risk Management for Receivables, the system takes into account the document payment guarantee procedure's key in the sales document header and the customer payment guarantee procedure's key in the customer master. Depending on the payment guarantee category, the system accesses the payment guarantee forms using the following rules:
In addition, you can use requirements to control when there should be no payment guarantee in risk management for the specified payment guarantee form. (For example, items wih a value below $10, certain product hierarchies or product groups do not need payment guarantees.)
Together with risk management, the credit value of a document is calculated as follows:
Total value = open confirmed quantity * credit price
(The credit price is calculated in the standard system as the total of the net value plus taxes)
Guaranteed value = total value * guaranteed factor
Credit value = total value - guaranteed value
You can find information on installation in the Implementation Guide under Credit management/Risk management.
Enhancements to Credit Management(FI) .