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Credit Management

by
Odoo

$ 106.88

v 13.0 Third Party 67
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies • Inventory (stock)
• Invoicing (account)
• Sales (sale_management)
• Discuss (mail)
Community Apps Dependencies
Lines of code 598
Technical Name credit_management
LicenseOPL-1
Websitehttp://www.sodexis.com
Versions 11.0 12.0 13.0 14.0 15.0 16.0 17.0 18.0
You bought this module and need support? Click here!
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies • Inventory (stock)
• Invoicing (account)
• Sales (sale_management)
• Discuss (mail)
Community Apps Dependencies
Lines of code 598
Technical Name credit_management
LicenseOPL-1
Websitehttp://www.sodexis.com
Versions 11.0 12.0 13.0 14.0 15.0 16.0 17.0 18.0

Credit Management

Description

This Module applies credit limits to customers and allows customers to be placed on a credit hold if the customer should be restricted from placing any new orders or receiving any additional orders.

Configuration

  • Upon install all customers will have a credit limit of zero. When the credit limit is "zero" there is not credit limit assigned to that contact
  • Credit Management field can be set on on any customer contact through the "Sales & Purchase" tab
  • Add Prepayment Test can be enabled from Sales configuration

    • Sales -> Settings -> Enable "Add Prepayment Test" to test even if credit limit is equal to 0.

    Fields


    Credit Management on Sales Orders


    Credit Limit

  • This will restrict confirmation of any SO that is over the value entered in this field or restrict confirmation of a combination of SO over this value if invoice has not been paid.
    • Note: if the credit limit is "0" on the customer contact, no credit limit will be assigned to this contact

    If Credit limit = $100

  • Sales order will not confirm if total value of sale is greater than $100
  • Sales order will not confirm for $50 if the customer has an order already ordered and received a $60 order without payment
    • When sales order can not be confirmed the following pop-up with appear:
    The Sales order can be overridden by checking the boolean "Override Credit Limit" true and confirming

    Tracking use of "Override Credit Limit"
    On the list view of all Sales orders, column named "Over Credit" will be marked true if the credit was overridden

    Total Credit Used is the total:

  • Confirmed sales orders
  • Sales orders with items partially or completely delivered
  • Sales orders with Draft invoice(s)
  • Sales orders with posted and not paid invoice(s)

    • Note: this field is automatically calculated

    Credit hold

    If Credit Hold field is True

    Sales

  • While choosing the customer in a sales order a warning message is displayed. The user will not be able to confirm any new sales orders for any amount.
  • Pop-up message will appear

  • This can not be overridden. Only way to confirm the sales order is to remove the credit hold on the customer

    • Delivery Order

  • The user will not be able to confirm the delivery order or to "Mark As Todo", "Check Availability", "Recheck Availability", "Force Availability" and "Validate" for any open Delivery orders for this customer while on credit hold

    • Has Overdue Invoices

    Will be marked true automatically when invoice(s) have not been paid by the due date.

    This will not effect confirming future Sales orders

    Override Credit Threshold

    This amount is less than the credit limit, Any Sales order that is below the "override Credit Threshold" can be confirmed even when the credit limit has been hit. If this field is zero no threshold will exist.

    For example, if our credit limit is 100 and the threshold is 40.

    We have $90 on credit currently and want to place another Sales order for $35 dollars.

    The threshold will allow this Sales order to be confirmed

    Hold Delivery Till Payment

    If true will restrict delivery until payment

    This field can be set on the contact or on the Sales order

    If boolean is true on the contact, boolean will be maked true on all sales orders then propagated to the Delivery order

    If the boolean is marked true on the Sales order it is only true for that sales order and delivery order.

    Access Rights

    On user "Manage Credit Limit", will give users the access rights (partner.credit.limit.warning) to edit the credit management field on the contact.

    Access rights do not restrict the "Override Credit Limit" field on sales order.

    Credits

    Contributors

  • Sodexis <apps@sodexis.com>

    • This module is maintained by Sodexis.

    Credit Management

    Configuration

    • Add Prepayment Test can be enabled from Sales configuration

    Sales -> Settings -> Enable "Add Prepayment Test" to test even if credit limit is equal to 0.

    Fields

    • Total Credit Used = Total Receivable + The amount of Sale Orders confirmed but not yet invoiced + The invoices that are in draft state.
    • Credit Hold = Boolean field(True/False)

    Functionality

    If Credit Hold field is True

    In Sales

    • While choosing the customer in a sales order a warning message is displayed. The user will not be able to confirm the sales order.
    • If "Total Credit Used" is greater than or equal to "Credit Limit", in sales order a warning message is displayed when the customer is selected. The user is not able to confirm the sales order.
    • If the Total Credit Used + sales order amount exceed the credit limit then the user is not allowed to confirm the sales order.
    • There is no constraint on the DO based on the credit limit.,

    In Delivery Order

    • The user will not be able to confirm the delivery order or to "Mark As Todo", "Check Availability", "Recheck Availablity", "Force Availability" and "validate".

    If Credit Limit is not zero.

    Odoo Proprietary License v1.0

This software and associated files (the "Software") may only be used (executed,
modified, executed after modifications) if you have purchased a valid license
from the authors, typically via Odoo Apps, or if you have received a written
agreement from the authors of the Software (see the COPYRIGHT file).

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    by
    Jack Clark
    on 11/17/20, 9:55 AM


    by
    Steve Mutton
    on 9/21/22, 11:04 PM

    Hi there. Will this work with the POS module as well as the Sales module?

    Re:
    by
    dev
    on 1/9/23, 6:03 AM Author

    Hello Steve Mutton!

    The credit management app only works for the Sale app alone. We don't have any customization with POS.

    Thanks,
    Sodexis Team.

    by
    Jack Clark
    on 11/17/20, 9:54 AM Confirmed Purchase