Country Risk

General description #

Country risk in Qbil-Trade is covered in a basic way. Country risk is usually involved when trading in a foreign country. In Qbil-Trade, the country risk can be accessed by your company if you are investing or trading in countries involving any country risk. The feature allows you to determine the effect of these risks on your business and plan and track the steps needed to manage or at least minimize these losses.

You can add multiple country risk groups and the percentage of country risk involved with each group using Country risk.

Example of a country risk group

Adding a new country risk group #

  1. Press or click on “Create credit risk groups”.
  2. Enter the mandatory field Country group marked by red colour.
  3. Add other details like standard, no credit risk and limited credit risk.

These details are usually contracted between the company and the credit insurance company and are filled in accordingly. These values (percentages) may change annually and can be updated accordingly.

Screens where country risk is used #

Some examples where the country risk can be used in Qbil-Trade are:

  • Pre-calculation screen, if the selected country is listed under any country risk group and if the selected payment condition involves any credit risk.
Credit risk involved with a payment condition
Payment conditions involving country risk affect credit insurance in the pre-calculation screen.
What are your feelings
Updated on October 14, 2024
Table Of Contents

FAQ'S

Accounts and Financial

  • Unable to find invoice for export in current month

    Invoices are displayed on the export screen in a particular month. The month of the invoice is taken from the invoice date and not from another date, such as the due date.

    The invoice date is therefore leading in terms of month for export periods. For example: Invoice date 22-05-2022 and due date 15-06-2022. This invoice will appear in the export under the month May.