Credit Limit Checks

YouTube: How to Globally Set Credit Limit Checks in Sale Bill?

How to Globally Set Credit Limit Checks in Sale Bill?

In this tutorial, we will discuss how to configure and use the Credit Limit Check option in Logic ERP. This setting allows businesses to monitor and control customer credit limits during billing to avoid over-exposure.

Configure Credit Limit Checks

• Open Logic Admin.

• Navigate to Global Settings

• Under the Sale click to Sales Settings 1.

• Locate the option at the bottom labeled as:

“Credit Limit Checks”

• This option provides three choices:

  • Credit Limit Check in Next Bill

  • Credit Limit Check Before Saving Current Bill

  • Disabled

Credit Limit Check in Next Bill

• When this option is selected, the credit limit validation is applied from the next bill onwards.

• Example:

  • Suppose the customer’s credit limit is ₹10,000.

  • You create the first bill for ₹22,176 → allowed.

  • As soon as proceed to next bill software will prompt: “Credit Limit Exceeded”.

• At this point, you can either:

  • Yes → Continue with the bill.

  • No → Restrict the transaction.

Credit Limit Check Before Saving Current Bill

• In this setting, the system validates the credit limit before saving the current bill.

• Example:

  • Customer’s credit limit is ₹10,000.

  • You enter a bill of ₹19,075.

  • On saving, the software will prompt: “Credit Limit Exceeded”.

  • User can decide whether to proceed or cancel.

Credit Limit Check Disabled

• When this option is selected, no credit limit validations are performed.

• Even if a limit is defined in the customer’s master record, the software will not restrict or warn against exceeding it.

• Example:

  • Customer’s credit limit = ₹10,000.

  • You create a bill of ₹15,000.

  • The transaction is saved without any prompt.

Define Customer Credit Limit

To apply credit limit checks, ensure that a limit is defined for each customer:

• Navigate to Setup New Account window.

• Select the Customer Account.

• Click on Other Details.

• Enter the desired Credit Limit (e.g., ₹10,000).

• Save the details.

Example Scenario

Key Benefits

• Prevents over-crediting customers.

• Provides flexibility with different validation modes.

• Ensures better credit control and reduces financial risk.