Set Party Group Wise Security Amount Range

YouTube: How to Configure Party Group Wise Security Amount Ranges for Account Creation Control?

How to Configure Party Group Wise Security Amount Ranges for Account Creation Control?

In this tutorial, you will learn how to set a minimum- and maximum-security deposit range for customer groups in Logic ERP. This feature helps reduce financial risk by ensuring controlled credit exposure for customers.

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Open Security Amount Range Setup

To Begin:

• Go to the Setup Module from the main menu

• Navigate to Set Other Account Details Section

• Open Set Party Group Wise Security Amount Range

This window allows you to define security deposit limits for specific party groups.

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Select Party Group

• Select the required Party Group

• Click on Refresh to load details

Settings will apply to all accounts under the selected group.

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Define Security Amount Range

• Enter:

  • Minimum Security Amount

  • Maximum Security Amount

This range defines the allowed deposit limit for customers in the selected group.

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Create or Modify Customer Account

• Open Setup New Account Window

• Enter: Account Name & Account Type

• Select the same Party Group for which the range was defined

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Enter Security Amount

• Go to the Other Details Section

• Enter the Security Amount

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Validation Check (Below Range)

• Enter a value below the minimum range

• Try to save the account

Result:

• System restricts saving

• Displays error message:

“Security amount must be within the defined range”

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Valid Entry (Within Range)

• Enter a value within the defined range

• Click Save

Account is saved successfully

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How This Feature Works

• System validates:

  • Security amount entered

  • Against defined group range

Prevents saving if value falls outside the allowed range.

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Key Benefits

• Reduces credit risk

• Ensures standardized deposit policies

• Prevents incorrect data entry

• Improves financial control

• Automates validation during account creation

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Final Outcome

You have successfully learned how to:

• Define Party Group Wise Security Amount Range

• Apply validation during account creation

• Ensure controlled and secure credit handling

Your system is now more secure, accurate, and aligned with financial control policies.