Credit limits

A credit limit is the maximum amount of credit you allow a customer to charge to their account. You can set a default credit limit for all new customers using the Sales Easy Setup Assistant (see page 94), or set a specific credit limit for a single customer.

If you want to enforce credit limits, you can set preferences to:

■	warn users before recording a sale that will exceed a customer’s credit limit

■	prevent certain users from recording a sale that will exceed a customer’s credit limit. When you use this preference, you set an override password to allow approved users to record the sale.

To set or change the credit limit for a single customer

1	Go to the Card File command center and click Cards List. The Cards List window appears.

2	Click the Customer tab and select the customer for whom you want to set a credit limit.

3	Click Edit. The Card Information window appears.

4	Click the Selling Details tab.

5	Click Credit Limit & Hold. The Credit Limit & Hold window appears.

6	Type the customer’s credit limit in the Credit Limit field.

7	Click OK. The Card Information window reappears.

8	Click OK to return to the Cards List window.

To receive a warning when a customer exceeds the credit limit

1	Go to the Setup menu and choose Preferences. The Preferences window appears.

2	Click the Sales tab.

3	Select the If the Credit Limit is Exceeded on Sale preference and choose Warn and Continue from the list.

4

Click OK.

To prevent the recording of a sale when a customer exceeds the credit limit

1	Log in to your company file as the Administrator.

2	Go to the Setup menu and choose Preferences. The Preferences window appears.

3	Click the Sales tab.

4	Select the If the Credit Limit is Exceeded on Sale preference and select Prevent Unless Overridden from the list. The Credit Limit Override Password window appears.

5	Type the override password and password confirmation.

6	Click OK. The Preferences window reappears.

note : Changing the credit limit override password

You can change the credit limit override password in the Credit Limit Override Password window (choose Preferences from the Setup menu, click the Sales tab and then click Set Override).

7	Click OK to close the Preferences window.

Related topics

■	Credit control

■	Credit holds

■	Finance charges paid by customers