How to manage customers’ payment credit limit? | Odoo Apps | #Synconics [ERP]

How to manage customers’ payment credit limit? | Odoo Apps | #Synconics [ERP] Buy Now: About This Video: ---------------------------- A credit limit is the maximum amount of credit offered to a customer. Set up a credit limit ensures that the amount of this credit is consistent with the financial capacities of each customer. Set up credit limits is one of the key tools to avoid overdue invoices and bad debts. This application provides the functionality of set credit limits for individual customers. When a customer request goods and in Odoo while confirming the quotation system will check the past due amount of the customer and it will compare with his credit limit. If the order amount is more than the customer’s credit limit system will automatically update the order status as ’CC HOLD’.