Understanding Credit Reporting Data

As part of managing credit information for customers, you might need to send accounts receivable information to an outside credit agency. To do so, you must create the credit reporting data.

When you create credit reporting data, the system:

• Updates the Credit and Cash Management table (F03B15), based on the processing options that you set.

• Reads information from the F03B15 table.

• Formats customer's accounts receivable information to conform to the standards of the specific credit agency.

• Updates the Credit Reporting Data - Experian table (F03B920) or the Credit Reporting Data - Creditel table (F03B920C).

You are responsible for copying the Credit Reporting Data table to the appropriate medium and sending it to one or more of these credit agencies:

• Experian

• Dun & Bradstreet

• CREDITEL

These credit agencies, in turn, process the data and establish credit rating information about the customers.

The system clears the credit reporting tables each time the program is run. The system does not add records to the tables.