what is dunning
Dunning is similar to reminder notice to our business partners for their overdue/open items or outstanding balances. Dunning letter summarizes overdue invoices record and asks for payment to be made. We configure dunning program for accounts receivable and accounts payable. Dunning Program includes following configuration steps: Dunning procedure, Dunning level, Dunning Areas. Dunning procedure controls the path of dunning to the customer and vendor through the system.