Party Limits and Defaults

Define the credit limits for a party.

See Video - Define Party Limits

Credit Limits

dsGST support the following type of limits.

• Bill Value
• Credit Limit
• Days Limit
• Number of Bills

These limits can be defined in the Accounts Master form.

If any of these values is breached, bill for the party gets locked by dsGST.

Limit Type	Description
Bill Value	The maximum permitted bill value for a single sale entry.
Credit Limit	The maximum total outstanding amount (sum of all due bills) that is permitted for a party.
Days Limit	The maximum number of days within which the party must clear a bill
Number of Bills	The maximum number of bills that a party can have outstanding.

How it works!

When a party is selected in the Sales Form - the limits are loaded and current outstanding status for each type of limit is checked.

If a limit gets violated, Locked is shown in the outstanding status area and the reason for violation is highlighted.

Other Defaults

Lock Cash / Lock Credit

• Lock Cash - Will not allow creation of Cash Bills for the party.
• Lock Credit - If credit bills are not permitted for this party.
• Both Lock Cash and Lock Credit - No bills are permitted (Party is Locked)

Std Disc

• Std Disc - (Standard Discount) for the party.

Whenever this party is selected in a new bill - this standard discount is automatically applied.

Frt / Cs

• Frt/Cs - (Freight per Case) is displayed at the time of billing to enable proper application of freight charges if applicable.

Min Exp

• Min Exp - (Minimum Expiry) is the party specific setting for the minimum months left for expiry that may be billed for this party.

This can be over-ridden by a user permission All for Sales.