Define Credit control and assigning it to company code in SAP FI ?

Credit control in SAP FI


Credit control area is an organisation entity which grant and monitor a credit limit for customer .A credit control area can include one or more company code.It help to minimize the credit risk by defining credit limit to customer so bad debts can be minimize.Credit control to one company code can be assign therefore we cannot define multiple credit control to one company code.

  • For  each credit control area,  enter a key, a name, and the currency in which the credit limit is to be managed in the credit control area.
  • Credit control is a four-character alphanumeric key.
  • Each company code corresponds to one credit control area. we recommend that you use the same key for the credit control area as for the company code

 

How to define a Credit Control area for a customer in SAP FI?


Define credit control > OB45

SPRO>SAP Reference IMG>Enterprise structure>Definition>Financial Accounting >Define credit control area

GO to new Entries

Step 1

: Type SPRO

transaction code SPRO
transaction code SPRO

Step 2 :

Select SAP reference IMG

SAP reference IMG
SAP reference IMG

Step 3

select IMG menu path

IMG menu path in SAP FI
IMG menu path in SAP FI

Step 4.

In the next screen select new entries

select new entiries

Step 5

Update the data

credit control area in sap

Step 6.

Save the data

save the data SAP FI
save the data SAP FI

Step 7.

A transaction code appears

request number is generated in SAP FI

 

 

Assigning Company code to credit control in SAP FI


After creating credit control next step is to assigning company code to credit control

Steps in Assigning company code ot credit control


IMG menu path

SPRO>Implementation guide >enterprise guide >Assignment >Financial Accounting >Assign company code to credit control area

Step 1

Enter T code SPRO

transaction code SPRO
transaction code SPRO

Step 2.

Click sap reference IMG

SAP reference IMG
SAP reference IMG

Step 3

assign company code to credit control in SAP Fi

Step 4

On the next step on the position item update the company code and press enter.

update the company code sap

Step 5

Update company code

update company code

step 6

click on save


 

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