Credit verification

Keep a close look at your accounts and stay away from late payers with credit verification. Adjust the credit limit per customer, get an automatic warning when transferring a file to another in case of a limit excess and block the transaction until an authorized person can accept it.

Automatic credit verification

Credit verification is a quick, easy and automatic way to make sure late payers don’t pass through.

When transferring a quotation to an order or an order to a work-order (based on your configuration), credit verification is automatically done based on the customer’s credit limit and its outstanding balance.

In case the limit is exceeded, a pop-up message will appear, warning you. If the user doesn’t have the necessary permission to authorize the credit, the transaction will be blocked. However, if the user is authorized to do it, a warning message will pop-up, displaying the information that needs to be considered, such as the credit limit, the outstanding balance and the future balance once the transfer is done. It will then be possible to either authorize the transaction or refuse it.

Configuration

Two configurations are necessary in order to use credit verification:

Warning configuration in the general configuration
Available under the ‘'Accounting’' tab in the general configuration window, this configuration allows you to choose when you want to make a credit verification.
Credit limit adjustment in the customer file
Available under the ‘'Accounting'' tab of the customer’s file, you will be able to enter the credit limit amount there.