Features

Customer credit limit setting

Enables the user to set a credit limit amount for customers to control credit risk.

Credit forecast from open invoices

Provides a forecast of the credit amount for open invoices to help manage credit and cash flow.

Automatic Credit Holds

Automatically hold orders or transactions that exceed the customer's credit limit.

Credit Reviews

Schedule periodic credit reviews to ensure that credit limits are appropriate and up to date.

Alerts

Sends notifications to the appropirate personnel when customers approach or exceed their credit limits.

Credit Limit Increases

Allow for manual credit limit increases based on customer history and other factors

Credit Reporting

Track and report on customer credit history and deliquencies

Why you should use Customer Credit Limit

Control credit risk

Allows businesses to set credit limits for customers, reducing the risk of customers defaulting on payments.

Improve cash flow

Businesses can improve their cash flow by setting credit limits and monitoring customer credit, thereby ensuring timely payments.

Increased Efficiency

Provides a forecast of the credit amount from open invoices, allowing businesses to better plan their cash flow and credit management.

Automatic credit control

The module can automate credit control processes, reducing the need for manual intervention and freeing up time for other tasks.

How to use Customer Credit Limit

• Go to Sales → Customers
• Tick the Customer checkbox in the Customer view
  


• Go to Sales & Purchase tab → Credit Limit section
• Tick the Use Credit Limit option to enable the Credit Limit for this customer
• Tick the Customer checkbox in the Customer view, you will find the following options:
  
  • Credit Limit
    Define the maximum threshold of credit to be given to this customer
  • Alert for Remaining Credit
    When reached, it will raise the alert on Sales Orders
  • Remaining Credit
    Shows the remaining credit a Customer can have
  • Total Due
    Shows the total amount that needs to be paid by this customer


• Upon creating a Sales Order, the total amount will be added to the Remaining Credit, whilst open and unpaid Invoice will be added to the Forecast Credit information
  

Contact & Support

Having trouble with the module or need additional features?
Contact us at:
Email : modules@portcities.net
Website : https://www.portcities.net