Party Wise Credit/Bill Limit
Last updated
Last updated
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Follow these steps to set up Credit & Bill Limits in Logic ERP and keep your customer billing in check! 💼📊
🔧 Navigate to the Setup menu
🔽 Expand Setup Account option.
🆕 Select Setup New Accounts.
📄 Head over to Other Details to apply Credit 💳 and Bill 💰 limits
🌐 Global Settings
Navigate to Logic Admin Global Settings 🛠️
Go to Credit Limit Checks.
Decide if billing should be disabled when a customer exceeds the limit 🚫🧾
🧾 Billing Process
When billing a customer who’s over the credit limit, Logic ERP shows a prompt ⚠️
You can choose to continue or cancel billing ➕❌
📏 Define Credit Limit
This is the maximum amount a customer can owe 📊
Example: Set a credit limit of ₹12,000
The customer’s ledger balance shouldn't go above this! 🚧
⚠️ Exceeding the Limit
If the limit is crossed during billing, Logic ERP shows a prompt.
You can opt for "Yes" to proceed ✅ or "No" to cancel ❌ while billing.
📏 Define Bill Limit
Restricts the amount per bill 🧾
Example: Set a bill limit of ₹24,000 for a customer – no single bill can exceed ₹24,000 when creating invoices! 🚫💸
⚠️ 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". 🙋♂️🙅♀️
With Logic ERP, you can:
✅ Maintain financial control
🔒 Prevent over-billing
📉 Reduce credit risk
📊 Manage customer balances smartly
✅Manage credit and bill limits.
By setting up credit and bill limits, you’re ensuring:
📋 Better billing discipline
💼 Stronger business control
🧾 Accurate and risk-free invoicing
Let me know if you'd like this turned into a visual guide or training handout! 📘🖨️