Collection Agency Configuration

[former_member221838]

My client has multiple third party collection agencies; they would like to equally distribute the CAs between both collections agencies. Is there a place where we could assign the collection agency to a CA and give the user the ability to easily update the collection agency to which past due receivables will be submitted to?

and my other question is about transaction FP03M, when we run this transaction on what basis it releases contract accounts to collection agencies? as we do have multiple collection agencies I am not sure how exactly system will release contract accounts to particular collection agency. Is there any specific configuration for this?

Please let me know if you need extra information. Thanks.

Kind Regards,

Nikhil J

[former_member215295 · Accepted solution]

Hi Nikhil,

Collection process has two setps

Releasing items for submission

Determining the collection agency

And I believe your question is how to submit the contract accounts to various collection agencies automatically-

for this there is a event 5060 and there you need to code according to your requirements like businesss partner type, post code of the business partner etc...

There is a very good cook book on this in service place chack it out

Thanks,

VR

[AmlanBanerjee]

Hi Nikhil,

When you perform a release either thru FP03E\FP03M, event 5060 is triggerred.

You can design your own allocation rules in this event depending on your business requirement.

Moroever, if you want the users to allocate the accounts to the collection agency in equal proportion, then you can code in this event .

If Sy-tcode EQ "FP03E', then it triggers the allocation rules and automatcially releases the accounts to a particular agency depending on the rules set.

Now if you have two collection agencies and you want to allocate the debts in equal proportion automatically, then you first need to maintain these collection agencies in a custom table along with the specific percentages and then call them in the allocation rule.

You need to build in a logic for mainataining the propotion b/w the items released to the collection agency.

I dont think there is any standard process to decide on the criteria for releasing the accounts to the collection agencies. It depends on the business requirement , say-All the contract accounts belonging to the same BP are released to the same collection agency.

Hope it helps....

Thanks,

Amlan