Sharing of Parent Customer’s credit limit by the subcustomers

Scenario

Credit Limit handling work with a condition that Children Companies will share in Parent Customer’s assigned Credit Limit.

Solution

Enable the following:

1. Consolidated Payments Feature

2. Apply Payments Through Top-Level Customers Only Preference

3. Customer Credit Limit Handling Preference 

B. Credit Limit handling will be based on Parent Customer’s assigned Credit Limit

1. Open Customer Record
2. Click Financial 
3. Credit Limit: Enter Credit Limit
4. Hold: Select Hold

Note:Do not assign Credit Limit to Children Companies.
Every time you create a transaction and the Customer exceeded the Credit Limit assigned to the Parent Company, then a warning message will prompt telling that the Customer has already reach the Maximum Credit Limit assigned.