Party Wise Credit/Bill Limit
YouTube: Party Wise Credit/Bill Limit
π§ Steps for Implementation in Logic ERP
Follow these steps to set up Credit & Bill Limits in Logic ERP and keep your customer billing in check! πΌπ
βοΈ Steps for Implementation
π§ Navigate to the Setup menu
π½ Expand Setup Account option.
π Select Setup New Accounts.
π Head over to Other Details to apply Credit π³ and Bill π° limits
π³ Configuring Credit Limit
π Global Settings
Navigate to Logic Admin Global Settings π οΈ
Go to Credit Limit Checks.
Decide if billing should be disabled when a customer exceeds the limit π«π§Ύ
π§Ύ Billing Process
When billing a customer whoβs over the credit limit, Logic ERP shows a prompt β οΈ
You can choose to continue or cancel billing ββ
π§ββοΈ Setting Credit Limit in Customer Account
π Define Credit Limit
This is the maximum amount a customer can owe π
Example: Set a credit limit of βΉ12,000
The customerβs ledger balance shouldn't go above this! π§
β οΈ Exceeding the Limit
If the limit is crossed during billing, Logic ERP shows a prompt.
You can opt for "Yes" to proceed β or "No" to cancel β while billing.
π΅ Setting Bill Limit in Customer Account
π Define Bill Limit
Restricts the amount per bill π§Ύ
Example: Set a bill limit of βΉ24,000 for a customer β no single bill can exceed βΉ24,000 when creating invoices! π«πΈ
β οΈ Exceeding the Limit
When trying to save a bill over the limit, a message will appear stating the bill amount is over the defined limit.
You can choose to continue or cancel billing by selecting "Yes" or "No". πββοΈπ ββοΈ
π§ Using Credit & Bill Limits in Logic ERP
With Logic ERP, you can:
β Maintain financial control
π Prevent over-billing
π Reduce credit risk
π Manage customer balances smartly
β Manage credit and bill limits.
π Final Thoughts
By setting up credit and bill limits, youβre ensuring:
π Better billing discipline
πΌ Stronger business control
π§Ύ Accurate and risk-free invoicing
Let me know if you'd like this turned into a visual guide or training handout! ππ¨οΈ
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