Ace the SAP Financial Accounting 2025 Challenge – Unleash Your Inner Finance Pro!

The option that can be defined within each dunning procedure in the dunning program configuration is the grace periods per line item. In the context of the dunning process, grace periods refer to the additional time allowed for payment before the dunning process begins for specific items on an account. This flexibility allows organizations to accommodate different terms or conditions for various invoices or line items, impacting how overdue accounts are managed.

Grace periods are particularly important in dunning programs as they help maintain customer relationships by ensuring that customers are not prematurely dunned for items that are still within an acceptable payment timeframe. This aspect of the dunning procedure enables companies to customize their collection efforts according to their policies and the nature of their accounts receivable.

The other options listed—audit frequency, max credit limit, and collection strategy—are relevant to credit management and collections but are not specifically configurable within the dunning procedure itself. Audit frequency pertains to how often accounts are assessed, the max credit limit refers to the maximum allowable credit extended to a customer, and collection strategy relates to the methods used for gathering overdue payments. These elements do not directly influence the specific dunning procedures set in SAP FI, which is focused on notifications and actions taken for overdue invoices.