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Collection Management - Manage Collection Strategies

sandeshb
Newcomer
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Inside the "Manage Collection Strategies" APP, what does the "Aging Periods" section affects? & What is the purpose of it.

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AlinaKeilbach
Product and Topic Expert
Product and Topic Expert
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The Fiori app "Process Receivables" (F0106A) has a possibility to display the aging of the receivables in a due date grid (looks like a green and red diagram with 7 vertical bars in the header section of the app). The length of each period is defined based on the settings in the "Aging periods" section of a collection strategy.

Example: if you define Due Date Period 1 as 0 to 25 days in the collection strategy, then the first green bar in the app "Process Receivables" will show the total of the items due within the next 25 days, and so on.