In dunning program for clearing between customer and vendor, the following is true….(single)

A. Same dunning procedure must be defined for both customer and vendor.
B. Different dunning procedure must be defined for both
C. If no procedure is defined both will use default procedure

Which is the correct answer?

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Explanations

If a vendor is a customer then you need to:

1) First create a master for the customer

2) Mention the name of the created customer in the master data of the vendor in the control view under Account Control in the Customer Field (LFA1-KUNNR). The customer number is used by the payment and dunning programs for clearing open items. For line item display, the link to the customer line items is established using this number.

If you require clearing between the customer and vendor, the following requirements must be met:

a) The customer number must have been entered in the corresponding vendor master record.

b) The vendor number must have been entered in the corresponding customer master record.

c) The fields “Clrg with vend.” or “Clrg with cust.” must have been selected in both master records.

Answer: A