What is Credit Rating?
Credit rating is an analysis of the credit risks associated with a commercial entity. It is a rating given to a particular entity based on the past transactional credentials of the company. In GINESYS, it is a management reporting tool - a feature, which if implemented, can list the customers depending on the rating. It can be taken as grouping or gradation of the customers.
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Note : This is not a mandatory feature to be used to make transactions in S&D Module |
What is the purpose of this form?
The Credit Rating master is required to rate a particular customer on his goodwill. Any parameters can be set against according to the User’s choice, like, gradation, percentage etc. The two column Credit Rating master lists the Rating and their description. It also has a checkbox to make a redundant rating extinct. The ratings will always be sorted in the ascending order of rating.
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