Determining the Form of Payment Guarantee
Determining the Form of Payment Guarantee
Use
As more than one form of payment guarantee can be activated, you need a priority list to determine which form of guarantee should be used at a certain time.
This list is contained in the payment guarantee procedure which you can define in Customizing for Sales and Distribution. It contains all the forms of payment guarantee permitted for the payer and document type, and controls the sequence in which the system assigns the sales document items to the forms of payment guarantee.
The system cannot assign a form of payment guarantee to a document if it has not been defined in the payment guarantee procedure.
The payment guarantee procedure is dependent on the customer and a document payment guarantee procedure. These can be determined in Customizing for Sales and Distribution.
The system combines the key for the document payment guarantee procedure in the sales document header and the key for the customer payment guarantee procedure in the customer master record to determine the payment guarantee procedure.
The system accesses the form of payment guarantee using the payment guarantee category and the following rules:
Requirements
You can also use requirements in Customizing (under Sales and Distribution →
Basic Functions → Credit Management/Risk Management → Receivables Risk Management → Define forms of payment guarantee) to determine when the system should not use a payment guarantee for the payment guarantee procedure you have entered. (For example, you might not require guarantees for the payment of item values of less than 10 USD or for a certain product group).
