Explain About Dunning Procedure?
Answers were Sorted based on User's Feedback
Answer / ramesh
hi dunning procedure is used in credit management i.e if
customer does pay back his amount, then using this dunning
procedure company send reminders to customer then after
that company has to take legal action.
dunning frequency,
dunning levels,
these are defined by FI and assigned to customer master
| Is This Answer Correct ? | 11 Yes | 0 No |
Dunning procedure is used for credit management, if
customer’s outstanding goes behind decided credit terms
then you can sent dunning letter to customer for reminder.
You can use by t-code F150
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / sunil puranam
dunning procedure is nothing but its a follow up for
payment from customer
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / mohanreddy
Hi i am Mohanreddy,
Apart from this answer,
Dunning procedure is an using for credit management. If customers having outstanding on sale of goods or services by a business. Dunning letter send to the customers for reminder.Then organisation will take legal action.
In dunning procedure 4+1 levels and 8+1 levels are there.
While sending a dunning letter to the customers using T Code
F150
| Is This Answer Correct ? | 0 Yes | 0 No |
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