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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 or set a specific credit limit for a single customer.

(Not Basics) If you want to enforce credit limits, you can choose to : be informed 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

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You need to set an override password to allow approved users to record the sale.

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title	To set or change the credit limit for a single customer

To set or change the credit limit for a single customer

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Open the customer card you're setting a credit limit for.
Click the Selling Details tab.
Click Credit Limit & Hold. The Credit Limit & Hold window appears.
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Type the customer’s credit limit in the Credit Limit field.
Click OK. The Card Information window appears.
Click OK to return to the Cards List window.

Learn about placing a customer on Credit Hold

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title	To set or change the credit limit for all new customers

To set or change the credit limit for all new customers

You can use AccountRight's Easy Setup Assistant to set a default credit limit for all new customers.

Go to the Setup menu and choose Easy Setup Assistant.
Click Sales.
Click the Selling Details tab.
Enter the Credit Limit.
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Click Cancel. Don't worry - the credit limit will be saved.

Now when you create a new customer card, their credit limit will be set to this default value.

expandLog in to your company file as the Administrator.

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

Click the Sales tab.

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

Click OK. The Preferences window reappears.

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title	To receive a warning when a credit limit is exceeded (Not Basics)

To receive a warning when a credit limit is exceeded (Not Basics)

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Go to the Setup menu and choose Preferences. The Preferences window appears.
Click the Sales tab.
Select the If Credit Limit is Exceeded on Sale preference and choose Warn and Continue from the list.
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Click OK.
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title	To prevent the recording of a sale when a credit limit is exceeded (Not Basics)

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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).

Click OK to close the Preferences window.

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Looking for the Credit Limit Override Password? This feature, which was in AccountRight v19 is not available in the new AccountRight. However, you can set up roles to control access to sales features and run the Journal Security Audit report to see which user entered a sale.

Click OK.
If a customer has exceeded their credit limit and you attempt to enter a sale for them, you'll receive a warning:

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<h2><i class="fa fa-comments"></i>  FAQs</h2><br>

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title	How can I quickly view the credit limits of all of my customers?

How can I quickly view the credit limits of all of my customers?

Export your customers, then open the exported file in Microsoft Excel. You can then use Excel's tools to hide or sort the information you want:

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Credit control

Credit holds

Finance charges paid by customers

Set up sales

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To set or change the credit limit for a single customer

To set or change the credit limit for all new customers

To receive a warning when a credit limit is exceeded (Not Basics)

How can I quickly view the credit limits of all of my customers?

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