Grading by Amounts  

Checks written for large amounts usually have a shorter life than checks written for smaller amounts. In order to compare the period outstanding on checks with different amounts, you can grade the checks by entering upper limits on the check amount. The system offers a maximum of seven grading levels for this purpose.

By specifying amount upper limits for several grading levels, you can set up the following evaluation.

Amount limit			Average period outstanding
up to	USD	50.00	8 days
up to	USD	10,000	5 days
up to	USD	50,000	3 days
up to	USD	100,000	2 days
>	USD	100,000	1 day

Determined by this method, the days till value date can be included in SAP Cash and Liquidity Management. You include these days by using a control parameter in the payment program where the days till the value date are stored for each amount limit. The procedure for this is explained after the section on how to determine the period outstanding.