Credit Limit is the monetary limit up to which the buyer can purchase from a seller on credit.

This limit is agreed mutually by the seller and the buyer.

Credit limits can be set for ledgers created under the groups "Sundry Debtors" and "Sundry Creditors".

By setting credit limits for your buyer or customer, you will be able to effectively manage your receivables.

The credit limits allowed by the supplier in the respective ledger, will help effectively to manage your payable.

To know more, feel free to contact us on 00966-583117703 or send an email to [email protected]
Riyadh, Marketing, How to set Credit Limits in Tally.ERP 9 Software?