# 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! 💼📊

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#### ⚙️ Steps for Implementation

1. 🔧 Navigate to the **Setup** menu
2. 🔽 Expand **Setup Account** option.
3. 🆕 Select **Setup New Accounts.**
4. 📄 Head over to **Other Details** to apply **Credit 💳** and **Bill 💰** limits

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#### 💳 Configuring Credit Limit

**🌐 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 ➕❌

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#### 🧍‍♂️ Setting Credit Limit in Customer Account

**📏 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. 

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#### 💵 Setting Bill Limit in Customer Account

**📏 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".** 🙋‍♂️🙅‍♀️

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#### 🧠 Using Credit & Bill Limits in Logic ERP

With Logic ERP, you can:

* ✅ Maintain financial control
* 🔒 Prevent over-billing
* 📉 Reduce credit risk
* 📊 Manage customer balances smartly
* ✅Manage credit and bill limits. 

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#### 🏁 Final Thoughts

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! 📘🖨️


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