> For the complete documentation index, see [llms.txt](https://kb.logicerp.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://kb.logicerp.com/logic-erp-in-action-a-feature-overview/distribution/billing/party-wise-credit-bill-limit.md). # Party Wise Credit/Bill Limit YouTube: [Party Wise Credit/Bill Limit](https://youtu.be/aNad6c-03Uw?si=jfe3Ov5qTd6nEILY) ### 🧭 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! πŸ’ΌπŸ“Š *** #### βš™οΈ Steps for Implementation 1. πŸ”§ Navigate to the **Setup** menu 2. πŸ”½ Expand **Setup Account** option. 3. πŸ†• Select **Setup New Accounts.** 4. πŸ“„ Head over to **Other Details** to apply **Credit πŸ’³** and **Bill πŸ’°** limits *** #### πŸ’³ Configuring Credit Limit **🌐 Global Settings** * Navigate to **Logic Admin Global Settings** πŸ› οΈ * 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 βž•βŒ *** #### πŸ§β€β™‚οΈ Setting Credit Limit in Customer Account **πŸ“ Define Credit Limit** * This is the **maximum** amount a customer can owe πŸ“Š * Example: Set a credit limit of **β‚Ή12,000** * 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** βœ… or "No" to **cancel** ❌ while billing. *** #### πŸ’΅ Setting Bill Limit in Customer Account **πŸ“ Define Bill Limit** * Restricts the **amount per bill** 🧾 * Example: Set a bill limit of **β‚Ή24,000** for a customer – no single bill can exceed β‚Ή24,000 when creating invoices! πŸš«πŸ’Έ **⚠️ 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".** πŸ™‹β€β™‚οΈπŸ™…β€β™€οΈ *** #### 🧠 Using Credit & Bill Limits in Logic ERP With Logic ERP, you can: * βœ… Maintain financial control * πŸ”’ Prevent over-billing * πŸ“‰ Reduce credit risk * πŸ“Š Manage customer balances smartly * βœ…Manage credit and bill limits. *** #### 🏁 Final Thoughts By setting up **credit and bill limits**, you’re ensuring: * πŸ“‹ Better billing discipline * πŸ’Ό Stronger business control * 🧾 Accurate and risk-free invoicing Let me know if you'd like this turned into a visual guide or training handout! πŸ“˜πŸ–¨οΈ --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation by asking a question. Perform an HTTP GET request on the following URL with the `ask` and `goal` query parameters: ``` GET https://kb.logicerp.com/logic-erp-in-action-a-feature-overview/distribution/billing/party-wise-credit-bill-limit.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is what the user is ultimately trying to achieve, the reason they need the answer. Sharing it helps GitBook give you a better, more relevant answer. A goal is most helpful when it describes the outcome the user wants rather than restating the question. For example, with `ask=how do I create an API token`, a goal like `automate deployments from our CI pipeline` lets GitBook tailor the answer to that use case. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.