35 lines
1.1 KiB
Markdown
35 lines
1.1 KiB
Markdown
|
|
|
|
A credit limit is the maximum amount of credit that a financial institution or
|
|
other lender will extend to a debtor for a particular line of credit. From an
|
|
organisation's perspective, it is the maximum amount of credit which a
|
|
customer gets on goods purchased.
|
|
|
|
To set credit limit go to Customer - Master
|
|
|
|
> Selling > Document > Customer
|
|
|
|
|
|
#### Figure 1: Credit Limit
|
|
|
|
<img class="screenshot" alt="Credit Limit" src="{{docs_base_url}}/assets/img/accounts/credit-limit-1.png">
|
|
|
|
Go to the 'More Info section' and enter the amount in the field Credit Limit.
|
|
|
|
In case a need arises to allow more credit to the customer as a good-will, the
|
|
Credit Controller has access to submit order even if credit limit is crossed.
|
|
|
|
To allow any other role to submit transactions by customers whose credit limit
|
|
has expired, go to accounting settings and make changes.
|
|
|
|
In the field Credit Controller, select the role who would be authorized to
|
|
accept orders or raise credit limits of customers.
|
|
|
|
#### Figure 2: Credit Controller
|
|
|
|
<img class="screenshot" alt="Credit Limit" src="{{docs_base_url}}/assets/img/accounts/credit-limit-2.png">
|
|
|
|
Save the changes.
|
|
|
|
{next}
|