If we dont give the horizan period in dynamic credit check
what will happen?
Answers were Sorted based on User's Feedback
Answer / sunil madhogarhia
It will become Static Credit Check.
Simple Credit Check means the Risk category of the customer
is not considered.
In Static and Dynamic, risk category is considered, only
difference between them being that Dynamic has a time
horizon, meaning that it does not consider open sales
orders and open deliveries intended to be delivered beyond
this horizon date for calculating the customer's credit
exposure.
Is This Answer Correct ? | 8 Yes | 0 No |
Answer / narasimha.k.n
AS YOU ARE NOT MAINTAINING THE CREDIT HORIZON FOR CHECKING
PURPOSE SYSTEM WILL CONSIDER TODAY'S DATE AS DEFAULT.
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / jaswanth_singh
I THINK IT WILL BECOME STATIC OR SIMPLE CREDIT CHECK
Is This Answer Correct ? | 6 Yes | 3 No |
Answer / yogesh
It will work as a simple credit check because most of the
time we use automatic credit control are.
Is This Answer Correct ? | 3 Yes | 2 No |
Answer / joseph
i think, For the purposes of evaluating credit, we give
the system to ignore all open orders that are due for
delivery after the horizon date. The sum of the static and
dynamic parts of the check may not exceed the credit limit.
if you don't give the horizon period it will calculate them
when it checks for the credit limit of the customer..
i think so if i am wrong pls correct me...
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / joseph
i think if u will do not maintain the horizon period, u r
not doing the proper credit check, because that is the
difference between the dynamic and static. so if you do not
specify the horizon period it does not become dynamic...
pls correct me if i am wrong..
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / rajat mahajan
IN THIS SITUATION DYNAMIC CHECK W'NT BE CARRIED OUT COZ
HORIZON IS THE IMPT. FIELD FOR CALCULATION.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / subha
the purpose of giving horizon is the determine the time
limit within which the payment has to bemade in credit
check after which there will be dunning done by the
finance team so if horizon is notgiven then it becoes
simple credti or static creadit check whcih is a normal
credit chk
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / rakesh
It is a dynamic Credit Check,Based on Horizon period system
ignore open orders in that period.
Is This Answer Correct ? | 0 Yes | 0 No |
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