Credit Management

Managing customer credit, risk, limits

Credit Management handles customer credit exposure, implements credit policies, sets credit limits, and manages the risk of bad debts or late payments by evaluating customer creditworthiness and monitoring customer accounts.

5 minutes 5 Questions

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SAP S/4HANA - Credit Management Example Questions

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Question 1

What is the credit limit check purpose in the SAP S/4HANA Credit Management?

To expedite invoice processing To improve inventory management To increase customer satisfaction To decrease operational costs To avoid credit risk To generate revenue

Correct Answer: To avoid credit risk

In SAP S/4HANA Credit Management, credit limit checks are used to determine and minimize credit risks posed by customers during sales order processing.

Question 2

Which SAP Fiori app allows you to manage dispute cases?

Dispute Case Overview Manage Dispute Cases Dispute Case Management S/4HANA Dispute Case Credit Management Review Dispute Cases

Correct Answer: Manage Dispute Cases

The 'Manage Dispute Cases' SAP Fiori app is specifically designed to manage dispute cases, update related information, document dispute cases, and track activities.

Question 3

Which of the following is a key functionality of the 'Check Credit Limit' App in SAP S/4HANA?

Managing collections and dispute cases Approving and rejecting credit applications Monitoring overdue payments Checking the system's overall credit limit Monitoring and analyzing a customer's credit limit Posting and clearing receivables

Correct Answer: Monitoring and analyzing a customer's credit limit

The 'Check Credit Limit' App enables credit representatives to monitor and analyze a customer's credit limit for financial transactions within specified periods and evaluate the credit utilization rate.

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