There is a "Credit and Collection" section under Customer Account Profile. I want to understand about all the options, another word, how all these options works, specially RISK code , Credit Rating and Credit Clafication....How do they came into picture when we ran credit check processor?
Please advice or help me out to get some doc/link that i can go through.
Oracle Receivables integrates with Oracle Credit Management to automatically put customers on credit hold, or release customers from credit hold, depending on the outcome of a credit review.
You can reference this documentation for details on the Collectors region and the Credit Classification -
Oracle® Credit Management User Guide Release 12.1 (Part No. E13502-04)
See Chapter 2 Implementing Oracle Credit Management
Updating Customer Profile Classes
Assign Customer Credit Classification Program
Deborah Bourgeois, Oracle Customer Support