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author's profile photo Former Member
Former Member

insurance tab in customer master

Posted on Jul 06, 2010 at 06:14 AM 177 Views

Dear Forum,

May I know what is the purpose of the insurance tab in customer master?

Why need to have insurance related information to maintain in customer master?

Thanks alot

FIN (Finance) Insurance
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    author's profile photo Former Member
    Former Member
    Posted on Jul 06, 2010 at 06:19 AM

    Hi,

    This Insurance Tab fileds are to be for MIS / Reporting purpose and nothing but "Export Credit Insurance purpose".

    In general, while sending the stock to your customer, the insurance may be born by you or from your customer. If the customer having the Insurance against Goods in Transit, then those details to be maintained at his master data at your systems.

    Regards

    VG

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