Dunning Term
The dunning term defines the fees and interest rate charged to customers who reach a certain dunning level.1) It also determines how many dunning levels per dunning term apply and the content of the dunning letter.
Further Information
For further information see the dunning process.
1)
see SAP AG: SAP Business One How-To Guide: How to set up an Automated Dunning Process. 2009, p. 4. External Link to PDF