Want to get your teams a localized Odoo ERP solution? Talk to us
What is Credit Limit/Days
Credit limit/days feature allows businesses to set the maximum credit/days for a customer.
Businesses will be able to avoid financial risks caused by unpaid invoices or bad debts by setting credit limits or credit days for their customers.
Why Businesses Need Credit Limit/Days
Effectively collect payments by preventing bad debts
Easily identify customers with good credit history
Reduces financial risks significantly
Full visibility and traceability as to why quotation confirmation is blocked
- Easily set credit limit/days for customers
- Editing of credit limit days can be limited to authorized users only
- Customer credits will be checked automatically whenever quotation confirmation is needed
- Full control of confirmation rights for quotations that exceeded credits
- Real-time email notifications for when customers exceeded credit limits or days/approvals needed for credits exceeded quotations