How to Create Credit Control Area or Credit management in SAP S4 HANA.
How to Create Credit Control Area or Credit management in SAP S4 HANA.
Understanding: Credit control management is the functionality available in SAP S4 Hana that protects the business from credit risks by allowing the specific amount of credit limit and then SAP prevents users from posting the transactions (Customer Invoice: FB70 etc. ) more than it.
In this blog, we’ll explain the process of Credit Control Area (CCA) and how credit management works in SAP S/4HANA. Unlike the old SAP ECC system, where credit management was separate, in S/4HANA, it’s integrated with the Business Partner. That means you’ll need to extend the Business Partner role to enable credit management features.
Credit management steps includes:
- Creating the Credit Segment.
- Extend the Business Partner to Credit Management Role.
1. Create Credit Segment
SPRO Path – SAP Reference IMG -> Financial Supply Chain Management -> Credit Management -> Credit Risk Monitoring -> Master Data -> Create Credit Segments – Click on Execute button.
Click on New Entries.
Give the required data – Credit Segment, Name, Currency, Exchange rate type, Credit check.
Click on save button.
Customizing request popup will come, select your request and click on continue.
2. Extend the Business Partner to Credit Management Role.
Go to T code: BP.
Give the Business Partner number and press enter button.
You can able to see the Business partner and then double click on it.
Here the screen is opened with display mode. Let us make it to Change mode by following the below path so that we can edit the Business partner.
Now, we need to extend the Business partner role to SAP Credit Management like below.
Immediately “Credit Segment Data” will be visible and then click on it.
Select the appropriate “Credit segment” from the dropdown (we created in step1 -> 1002) and press enter button.
Credit Limit and Control: Now maintain the credit limit, validity.
Click on save button.
Similar content you may like in SAP:
- How to Create Customer Business Partner in S4 Hana: Click here
- How to Create Credit Control Area in SAP ECC: Click here
- How to Create Customer Master data in SAP ECC: Click here
- How to Define Payment Term in SAP: Click here
- How Create Dunning Procedure in SAP: Click here
- How to Create Discount Granted Configuration (T code: OBXI) in SAP: Click here
How to Create Credit Control Area in SAP S4 HANA
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