Explain About Dunning Procedure?

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Explain About Dunning Procedure?..

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

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Explain About Dunning Procedure?..

Answer / ravi borse

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

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Explain About Dunning Procedure?..

Answer / sunil puranam

dunning procedure is nothing but its a follow up for
payment from customer

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Explain About Dunning Procedure?..

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

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