Revising Credit Limits

Overview

Use this job aid to revise the sales credit limit, finance charge table, or invoice terms code.

To revise a credit limit:

1. From the Toolbar, click ACR for Accounts Receivable.
2. From the Accounts Receivable menu, select Credit Management, and then select Revise Credit Limits.
3. In the Name Id Beginning and Ending boxes, click Lookup or type * and press Enter, and then select the name id, or type the name id range you want to revise.
4. In the Name Id Type Beginning and Ending boxes, click Lookup or type * and press Enter, and then select the name id type, or type the name id type range you want to revise.
5. In the Credit Rating boxes, click Lookup or type * and press Enter, and then select the name id type, or type the name id type range you want to revise.
6. In the 1099 Required boxes, click Lookup or type * and press Enter, and then select the name id type, or type the name id type range you want to revise.
7. In the Pay Patronage? boxes, click Lookup or type * and press Enter, and then select the name id type, or type the name id type range you want to revise.
8. In the Collection List boxes, click Lookup or type * and press Enter, and then select the name id type, or type the name id type range you want to revise.
9. In the Misc. Field #5 boxes, click Lookup or type * and press Enter, and then select the miscellaneous field, or type the miscellaneous field range you want to revise.
10. In the Statement-Type Beginning and Ending boxes, click Lookup or type * and press Enter, and then select the statement, or type the statement range you want to revise.
11. In the Active Status boxes, click Lookup or type * and press Enter, and then select the statement, or type the statement range you want to revise.
12. In the Finance Charge Table Beginning and Ending boxes, click Lookup or type * and press Enter, and then select the finance charge table, or type the finance charge table range you want to revise.
13. In the Invoice Terms Code Beginning and Ending boxes, click Lookup or type * and press Enter, and then select the invoice terms code, or type the invoice terms code range you want to revise.
14. In the Credit Limit Amount Beginning and Ending boxes, type the credit limit amount range you want to revise.
15. Click OK.
16. In the Calculation Base box, type 0 for a starting value of zero or type 1 for the current value in the sales credit limit box or type 2 for the current value in the purchase amount box.
17. In the Calculation Type box, type 1 for a percentage or type 2 for a dollar amount.
18. In the Calculation Amount box, type the percentage or dollar amount. A positive value increases the sales credit limit and a negative value decreases the sales credit limit.
19. In the Round To Nearest Multiple Of box, a default value will display, you can change this value.
20. In the Override Calculated Credit Limit? box, type Y to display a confirmation window for approval of the calculated credit limit for each name id included in your selections in steps 3 - 11, or type N to revise the credit limits without any user-intervention.
21. Click OK.
22. In the Printer box, type the number associated to the place you want your report to print.
23. In the Print Type box, type the number associated to the characters per inch to print the report in.
24. In the Copies box, type the number of copies of the report you want to print.
25. In the Pages From and To boxes, type the page number range you want to print the report for. Leave the boxes blank to print all pages.
26. Click OK.

Learn more about Credit Management feature:

• Performing an Account Balance Inquiry
• Checking Available Credit
• Revising Credit Limits
• Printing Accounts in Arrears
• Historical Balances in Credit Management
• Credit Management Multiple Period Definitions
• Credit Management Notes - Setup & Use