SAP defines Dunning Procedure in its help
as:
"...activity you enter the settings that control the dunning program by:
- Specifying the
company codes to include in dunning.
You specify these company codes when configuring the dunning program.
-
Setting up the dunning procedure you want to use.
Dunning procedures are company code independent. They determine the
dunning interval, the grace periods for the due date determination, and the number of dunning levels. You can also set the
dunning level at which you want to list all due items from an account in the dunning notice.
- Setting the dunning
charges.
You can either specify a fixed charge or have the system calculate the charge on the basis of a percentage
rate you specify.
- Specifying the net payment due date at which a particular dunning level is reached.
-Specifying the dunning notice you want to send to your customers.
You have to define one or more forms for the
notice."
CONFIG PATH:
Financial Accounting -> Account Receivable and Accounts Payable
-> Business Transactions -> Dunning -> Dunning Procedure -> Define Dunning Procedures
OR
Transaction Path:
Accounting/Financial Accounting/Accounts Payable/Periodic Processing/Dunning/Environment/Change
Configuration
TRANSACTION CODE: FBMP
Basically there are three steps in this transaction:
1)
Maintain dunning procedure
2) Maintain dunning levels
3) Maintain dunning texts
Three main tips for this
transaction from SAP:
- Before defining several dunning procedures and forms, you should check whether you can fulfill
all your requirements using one dunning procedure and one form.
- You should select Always dunn. notice? for
the last dunning level so that items at this level are not skipped.
- You can store the header and footer texts separately
for your dunning notices. If your letter paper already contains these specifications, you can remove the windows for these
texts in the form you define using SAPscript.