SAP Dunning, which is mainly used in processing of collecting the customer payments.
Sometimes your business partners may fall behind on payments. You can send them a payment reminder or a dunning notice to remind them of their outstanding debts. The R/3 System allows you to dun business partners automatically. The system duns the open items from business partner accounts in which the overdue items create a debit balance.
The dunning program selects the overdue open items, determines the dunning level of the account in question, and creates a dunning notice. It then saves the dunning data created for the items and accounts affected.
You can use the dunning program to dun both customers and vendors. It may be necessary to dun a vendor if he or she has a debit balance as a result of a credit memo. If a customer is also a vendor, you can offset the account balances against one another.
Click on Dunning for downloading the "Configuration of Dunning - Customer / Vendor"
SAP Dunning process used for collecting payments from customers. The advantage with Dunning program is that it can be used for both customers and vendors. You can easily use dunning for your business purpose. I am goint to try it in my business.
ReplyDelete