Days Overdue for Warning/Hold and Credit Limit

The Credit Limit on the Customer record is the highest amount that you are allowing the Customer to have when creating Invoices. By setting it to 0.00, essentially you are not allowing the Customer to have any Invoice, because of course, a normal Invoice will have a transaction amount that is more than 0.00. You are not able to save… Continue reading Days Overdue for Warning/Hold and Credit Limit

Credit Limit and Customer Deposit

In NetSuite, credit limits and customer deposits are two distinct aspects of managing customer accounts. Credit Limits: A credit limit is the maximum amount of credit that a customer is allowed to have outstanding at any given time. It’s a way to manage and control the risk of customers exceeding their authorized credit.Setting Credit Limits:… Continue reading Credit Limit and Customer Deposit