Credit Limit

[elakkia1980in]

Hello,
can anyone give me the brief description of credit limit and order limit in O2C modules.as the limit functionality is not working properly kindly tell me wat are the steps i have to do in Order management and in accounts receivables.

elakkian.

[ramarao]

Hi,

Credit Limit: Limit you have defined for the customer
Order Limit: Limit allowed for each order

Credit limit you can define at the following levels
1. Credit Check Rules
2. Customer Profile Class
3. Customer Profile
4. Payment Terms
5. Order Type

Ramarao

[jasmine.hue]

[quote]Hi,

Credit Limit: Limit you have defined for the customer
Order Limit: Limit allowed for each order

Credit limit you can define at the following levels
1. Credit Check Rules
2. Customer Profile Class
3. Customer Profile
4. Payment Terms
5. Order Type

Ramarao

<i><div align="right">Originally posted by ramarao

[jasmine.hue]

Hi guru....

I had set the credit limit, but when i try to create new order, the order get on hold even my credit limit not exceeded.

example:

Credit limit at customer level - USD 3mil
Credit limit at customer site level: 1234 - USD 3mil
Credit limit at customer site level: 8888 - USD 3mil

Credit rules:
Credit check at Sales Order Line Level
Credit hold at Sales Order Line Level
Overidden Manual Release unchecked

Enabled User precalculated exposure
Enabled Include Open Receivables Balance
Enabled Uninvoiced orders
checked: include Orders currently on hold
checked: include returns

When I create new sales order, the order get hold even though the credit limit not exceeded.

Hope someone experience able to advice.

Thanks,
Jasmine