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.