>> Fastbase Business Software Ltd

Fastbase Accounting System - Online Manual

Customer Credit Control Details

Document 103049/1

Entered Tue, 1 Apr 2003 14:22 by Peter Campbell
Updated Mon, 17 Mar 2008 12:38

Customers can have a status of either "Normal/Active", "Disabled" or "On Watch". Disabled customers may be restricted from placing orders. On Watch customers only display a warning message when placing orders.
Entry of invoices and sales orders for disabled customers is restricted to high security users.

Credit Limit:
This field represents the dollar value limit for this customer. At present the value is only checked prior to entering an invoice or sales order, if the customer balance exceeds the limit then a message is displayed and access will be restricted to high security users.

Maximum Days Credit:
This field represents the maximum number of days credit a customer is allowed.

The default for this field is the company default (maintained in Utilities - Modules).

Enter a value here if the customer's maximum days credit is different from the company default.

Valid entries are 30, 60, 90, 120 and 150 days. These represent the equivalent number of months overdue, eg, 1 month, 2 months, 3 months etc.

Credit Rating:
This field will accept any entry from a user. It is recommended that entries made in this field are consistent among the different customers. This field will print on the the Customer Listing Report.

Prompt Payment Discount:
Prompt Payment Discounts are applicable to payments made by the 20th of the month following purchase. A message to this effect will print on the customer invoice. Maximum prompt payment discount is 20%.

During Order Entry and Invoicing a message will be displayed informing the user that the particular customer is eligible for prompt payment discount.

Prompt payment discount cannot be used in conjunction with product discount. If prompt payment discount is applicable, the default discount (see Customer Account Details) should be set to zero.

Credit Contact/Notes:
This field can be used to record any additional credit or contact information against the customer.

Online documentation: enter keywords to search for: