Credit

Select the Credit tab.

Credit Limit

Enter the total amount that you allow the customer to spend on purchases before the system sends a workflow message. This value is used throughout the credit management programs. The system maintains the credit limit at the customer (child) level, not the parent level. The system sends workflow messages for each customer who is over their credit limit. When you set up or change the credit limit, the system sends a workflow message to the credit manager that the change is pending approval. The change to the credit limit is not reflected in the customer record until it is approved by the credit manager.

Recall For Review Date

Enter the review date for the customer's credit information.

Credit Manager

Enter the name of the credit manager who is responsible for approving changes to the credit limit. You must set up the credit manager in the address book and then create an entry in the user-defined code table (system 01, type CR). When you set up the user-defined code value, you must also enter the credit manager's address book number in the Description 02 field.

Date of Last Credit Review

Enter the date on which the credit manager last examined this customer's payment record and assigned a credit status to the account.

Date Account Opened

Enter the date on which the customer record was created.

Temporary Credit Message

Enter the user-defined code that identifies a temporary credit status. Generally, you assign the code when an account becomes past due. The system automatically updates the temporary credit message based on the notification instructions that you set up for the policy that you assign to the customer. The system can automatically reset the temporary credit message back to the credit message if you activate the option in the policy. You can also manually enter and update the temporary credit message on the customer record. If this field is blank, the system assigns the value of the Credit Message field when you run Credit Analysis Refresh (R03B525). The system displays the temporary credit message on the transaction entry forms in the Accounts Receivable and Sales Order Management systems.

Credit Check Level

Enter the code that controls the way the system conducts credit checking. Codes are:

P: Credit check based on the customer's parent number.

C: Credit check against the customer number only.

S: Credit check against the customer sold to.

L: Credit check based on the line of business.

If you use method P, the system compares the open accounts receivable and open sales orders for the sum of the children and the parent against the credit limit for the parent number. Use this when a customer with multiple offices or branches—each of which order from you—asks that all credit checking be reflected in a single account. Even though credit checking can be conducted at the parent or customer number level, the system posts all accounts receivable to the customer number (SDAN8) during Sales Update (P42800).

Person Opening Account

Displays the system-provided user ID of the person who created the customer record.

Last Reviewed By

Displays the system-provided user ID of the person who completed the last credit review. The system provides the user ID of the person who enters or revises the credit limit.

Financial Statements on Hand

Displays the date that financial statements were received to evaluate a company's credit worthiness.

Dun Bradstreet Date

Displays the date on which Dun & Bradstreet ratings were available.

Experian Date

Displays the date on which the Experian ratings were available.