Understanding Customer Account Information

You can use the Check Credit program (P42050) to review information about a customer's account and credit status. You can compare the customer's total accounts receivable and open orders to the customer's current credit limit assigned in the Customer Master by Line of Business table (F03012) to determine whether the credit limit has been exceeded.

You can access this type of information:

• Accounts receivable (for example, any balances that are currently due).

• Account history (for example, customer ranking, invoice, and payment information).

• Open sales orders (for example, order dates and amounts).

Additionally, you can check credit at these levels:

• Customer (C)

• Parent (P)

• Line of Business (L)

If you do business with a company that operates in multiple lines of business, you can differentiate the customers based on product, division, or geography. When you perform credit checking at the Line of Business (LOB) level, you can define different default processing instructions for the same customer for different lines of business.