Setting Credit Limits on Purchase Ledger Accounts

To effectively manage supplier balances, you can set a credit limit on supplier accounts. Here’s how:

1. Navigate to Accounts > Purchase Ledger.
2. Load the relevant supplier account.
3. In the Terms tab, locate the Credit Limit field and enter the desired limit.

The assigned credit limit will also appear in your Creditors report, providing an easy overview of supplier credit allowances.