Defining Temporary Credit Limit Settings

When working with credit limit exceptions, you can define exceptions by dollar amount or you can apply a temporary credit limit with an expiration date indicating for how long the credit exception is good. This date displays in A/R Inquiry to indicate to the user when the credit exception amount expires.

Note: The system tracks temporary credit limit changes in the maintenance log of the customer's record. Credit limit approvals for temporary credit limits are tracked in the sales order change log.

To set temporary credit limit exceptions:

1. From the Maintenance menu, select Customer to display Customer Maintenance window.

2. Display the customer record for which you need to apply credit limit exceptions.

3. From the Pricing menu, select Credit Controls and click the Credit Limit tab if not already selected.

4. Select the Temporary Credit Limit Settings check box.

5. In the TemporaryCredit Limit field, enter the dollar amount by which you are temporarily replacing the current credit limit defined until the expiration date.

6. In the Expiration Date field, enter the date until which the temporary credit limit is effective.

Note: The system checks the Max Days In Future Before Warning In Temporary Credit Limitcontrol maintenance record to make sure the date is within the set allowed parameters. If not, the system displays the date you entered and asks for confirmation to continue.

7. Save your changes and exit the window.

See Also:

Defining Payment Terms and Credit Control Parameters

Entering Additional Customer Credit Data

Defining Credit Limit Exceptions by Dollar Amount