How to Set Up Branch- , Party- , and Brand -Wise Credit Limits for Sales?
In this tutorial, you will learn how to set and enforce credit limit restrictions based on Branch + Party + Company in Logic ERP.
This feature helps control customer outstanding balances and reduces financial risk.
Open Credit Limit Setup
To begin:
Navigate to the Setup Module
Click on Set Other Account Details
Open Setup Branch + Party + Company Wise Credit Limit
This window allows you to define credit limits for specific customer-company combinations.
Select Branch, Party & Company
Choose the Branch
Select the Customer Account (Party)
Select the Company
Credit limits will apply only to this specific combination.
Define Credit Limit & Variance
Enter the following:
Credit Limit → Maximum allowed outstanding amount
Credit Limit Variance (%) → Extra tolerance allowed beyond the limit
Example:
Credit Limit = ₹5000
Variance = 10%
Allowed limit becomes ₹5,500
Save & Review
Click Save to apply settings
Review details anytime in Entry Mode
Enable Credit Limit Validation
To activate restriction:
Open Logic Admin
Go to Global Settings
Navigate to Sales Settings 1
Configure Credit Limit Check:
Enable Credit Limit Check
Choose one option:
Check in Next Bill
OR Check Before Saving Current Bill
Save changes
Restart the software
This step is mandatory to enforce validation
Implement in Sales Billing
Log in to the respective Branch
Open Sales Bill Window
Create a new transaction:
Select Customer
Select Company
Enter items
Credit Limit Validation
If Within Limit:
Bill saves successfully
If Limit Exceeded:
System restricts saving
Displays message:
“Bill amount exceeds allowed credit limit”
How Credit Limit Control Works
System checks:
Previous Outstanding + Current Bill
Compares with:
Credit Limit + Variance
Restricts transaction if threshold is exceeded
Key Benefits of Credit Limit Control
Prevents excessive customer outstanding
Reduces financial risk
Ensures disciplined credit management
Real-time validation during billing
Flexible control with variance option
Final Outcome
You have successfully learned how to:
Set Branch + Party + Company Wise Credit Limits
Configure Credit Limit Variance
Enable System Validation in Billing
Restrict transactions beyond allowed limits
Your system is now optimized for secure and controlled credit management.
