$ 245.46
In-App PurchasesAvailability |
Odoo Online
Odoo.sh
On Premise
|
Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) • Accounting (account_accountant) |
Lines of code | 135 |
Technical Name |
pc_credit_limit |
License | LGPL-3 |
Website | https://www.portcities.net |
Availability |
Odoo Online
Odoo.sh
On Premise
|
Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) • Accounting (account_accountant) |
Lines of code | 135 |
Technical Name |
pc_credit_limit |
License | LGPL-3 |
Website | https://www.portcities.net |
Customer Credit Limit
Customer Credit Limit is a module that allows businesses to set credit limits for their
customers. This helps prevent over-extended credit and reduces the risk of financial
losses due to non-payment.
By defining credit limits, businesses can manage credit more effectively and make
informed decisions about extending credit to customers.
Features
Customer credit limit setting
Enables the user to set a credit limit amount for customers to control credit risk.
Credit forecast from open invoices
Provides a forecast of the credit amount for open invoices to help manage credit and cash flow.
Automatic Credit Holds
Automatically hold orders or transactions that exceed the customer's credit limit.
Credit Reviews
Schedule periodic credit reviews to ensure that credit limits are appropriate and up to date.
Alerts
Sends notifications to the appropirate personnel when customers approach or exceed their credit limits.
Credit Limit Increases
Allow for manual credit limit increases based on customer history and other factors
Credit Reporting
Track and report on customer credit history and deliquencies
Why you should use Customer Credit Limit
Control credit risk
Allows businesses to set credit limits for customers, reducing the risk of customers defaulting on payments.
Improve cash flow
Businesses can improve their cash flow by setting credit limits and monitoring customer credit, thereby ensuring timely payments.
Increased Efficiency
Provides a forecast of the credit amount from open invoices, allowing businesses to better plan their cash flow and credit management.
Automatic credit control
The module can automate credit control processes, reducing the need for manual intervention and freeing up time for other tasks.
How to use Customer Credit Limit
- Go to Sales → Customers
-
Tick the Customer checkbox in the Customer view
- Go to Sales & Purchase tab → Credit Limit section
- Tick the Use Credit Limit option to enable the Credit Limit for this customer
- Tick the Customer checkbox in the Customer view, you will find the following options:
- Credit Limit
Define the maximum threshold of credit to be given to this customer - Alert for Remaining Credit
When reached, it will raise the alert on Sales Orders - Remaining Credit
Shows the remaining credit a Customer can have - Total Due
Shows the total amount that needs to be paid by this customer
- Credit Limit
- Upon creating a Sales Order, the total amount will be added to the Remaining Credit,
whilst open and unpaid Invoice will be added to the Forecast Credit information
Contact & Support
Having trouble with the module or need additional features?
Contact us at:
Email : modules@portcities.net
Website : https://www.portcities.net
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