Setting Vendor Credit Limits
Set a credit limit on a vendor record to define the maximum currency amount you want to accrue in outstanding payables.
To set credit limits for vendors:
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Go to Lists > Relationships > Vendors.
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Click Edit next to the vendor name.
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On the vendor record, click the Financial subtab.
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Under Account Information, in the Credit Limit field, enter the maximum currency amount to spend on credit with this vendor.
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Click Save.
Next, enable the preference to receive a warning after a vendor credit limit has been reached.