In Receivable's customer master, there are lot of parameters which you can configure e.g. payment terms, statement frequency, late payment interest etc. Customer profiles lets you define number of profiles as per your need and each profile can have different parameters of customer master as per your need. When you define a customer, you can attach the profile and all the parameters defined at profile level, will be defaulted in customer master. Later if you change any value at customer profile level then you have the option to replicate if automatically to all the customers to whom that profile is attached.

In this chapter, you will learn how to define customer profiles.

Lesson Summary

In Receivable's customer master, there are various configurable parameters such as payment terms, statement frequency, late payment interest, etc. Customer profiles allow defining multiple profiles with different parameters that can be attached to customers.

Key points about customer profiles:

• Define multiple profiles in Receivable's customer master.
• Each profile can have different parameters like payment terms, statement frequency, late payment interest, etc.
• When creating a customer, you can link a specific profile to it.
• All parameters defined in the linked profile will be defaulted in the customer master.
• If changes are made at the customer profile level, there's an option to automatically replicate them to all attached customers.

By understanding customer profiles, you will be able to:

• Set up distinct profiles to cater to different customer needs.
• Customize parameters at the profile level and have them applied to linked customers.
• Efficiently manage and update customer information across multiple accounts using profiles.