Notes P/R amount in credit
This parameter applies to the Credit level update field on General accounts. The results can be viewed in the BP situation, Risksection available from the Customer record.
Setup options:
Chart of accounts, Credit level update check box - Updates (or not) the BP accounting balance.
OSTDRAFT parameter - Updates (or not) the Total credit including the notes payable/receivable amounts from the Notes P/R management.
Management options:
The combination of the listed parameters is used to decide at what moment the company considers that a notes payable/receivable is no longer included in the customer risk (and thus the accounting balance and authorized credit level).
This could be summed up as follows: When do you consider that it is appropiate to deduct the Accounting balance and Total credit from the notes P/R value?
-
When posting the notes P/R?
-
When posting the notes P/R to the bank?
-
When closing the risk of notes P/R?
Example 1: The risk is defined until the notes payable/receivable (€1,000) are posted:
Notes P/R control account: Credit level update= No
OSTDRAFT parameter = No
|
|
Starting situation |
Notes P/R posting |
Bank posting |
Risk closing |
|
Accounting balance |
3000 |
2000 (3000 –1000) |
2000 |
2000 |
|
Notes P/R no.1 |
(+) 1000 |
1000 |
(-) 1000 |
|
|
Total credit |
3000 |
2000 (3000 –1000) |
2000 |
2000 |
Example 2: The risk is defined until the notes payable/receivable (€1,000) are posted to the bank:
Notes P/R collective account: Credit level update = Yes
OSTDRAFT parameter = No
|
Starting situation |
Notes P/R posting |
Bank posting |
Risk closing |
|
|
Accounting balance |
3000 |
3000 |
2000 (3000 –1000) |
2000 |
|
Notes P/R no. 1 |
(+) 1000 |
1000 |
(-) 1000 |
|
|
Total credit |
3000 |
3000 |
2000 (3000 –1000) |
2000 |
Example 3: The risk is defined until the risk is closed for the notes payable/receivable (€1,000):
Notes P/R collective account: Credit level update = No
OSTDRAFT parameter = Yes
|
|
Starting situation |
Notes P/R posting |
Bank posting |
Risk closing |
|
Accounting balance |
3000 |
2000 (3000 –1000) |
2000 |
2000 |
|
Notes P/R no.1 |
+ 1000 |
1000 |
0 (1000-1000) |
|
|
Total credit |
3000 |
3000 |
3000 |
2000 (3000 –1000) |
Level of localization / Global variable
This parameter is defined at the level Company. It belongs to Chapter TC (Common Data) and the Group OST (Authorized credit management), The following parameters are also associated with this chapter and group :
- OSTCHGTYP (Rate origin WIP ctrl.)
- OSTCTL (Cus. author. credit ctrl level)
- OSTSCTL (Sup. author. credit ctrl level)
- OSTSDRAFT (Supplier credit notes P/R amt.)
- OSTTYPCUR (Rate type updated rate ctrl)
The global variable GOSTDRAFT is associated with it.
Functions concerned
The following functions are associated with this parameter :
Sales > Allocations > Automatic allocations
Sales > Deliveries > Order delivery generation
Sales > Invoices > Contract invoice generation
Sales > Invoices > Delivery invoice generation
Sales > Invoices > Direct order invoice gen.
Sales > Invoices > Service invoice generation
Sales > Invoices > Stock transfer invoice generation
Sales > Allocations > Allocations by product
Common data > BPs > Customers
Sales > Deliveries > Deliveries
Stock > Receipt/issue transactions > Deliveries > Deliveries
Sales > Invoices > Invoices
Sales > Orders > Orders
Sales > Orders > Open orders