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Company - Limits View

A Limit is the maximum amount that a customer or group of customers can use in a financial transaction. Limit tracking against a customer, or a group of customers, is done using a liability number.

Every customer of a bank who enjoys credit facilities is assigned or linked to a liability code category. Several customers can be linked to the same liability code. Liability linkage is either:

• Single liability linked to multiple customers, or
• Single liability linked to only one customer

Liability attributes include:

• Utilization Amount. This field provides the utilized amount for that liability ID at any point in time.
• Overall Limit. The overall limit amount for a liability.
• Line Code. The line code that the liability ID is associated with. You can allocate credit limits for the line-liability combination. The customers who fall under this liability code can use credit facilities under this credit line. By linking a credit line to a liability code, the customer is also linked to the credit line. This is true because a liability code has been assigned to every credit seeking customer and the credit facilities granted to the customer are defined and tracked against this code.

Companies can be associated with only one limit or liability. One liability can have multiple line items as child entities. Limits are read-only in Siebel Finance. Users can view limits and line items for a company using the Company - Limits view.