Credit Limits

Credit Limits


Account credit limits help you manage the risk that your business is exposed to by making it easy to see how much customers are spending.


Soft Credit Limit

Reaching the soft limit will generate warning messages.
The soft credit limit will not prevent new consignments from being made live. 

Idea
Soft and hard credit limits are independent; the soft limit can be used while no actual hard limit is set. 


Hard Credit Limit

The hard credit limit is the maximum amount of money that should be owned on an account.
To confirm a consignment (making it live), the account must be below the hard credit limit buy more than the total cost of the consignment. 

Info
 Even though an account is over its hard limit, consignments are not automatically stopped 

Alert
 It is possible for an account to exceed its hard limit. The most common causes are: new rates being added to a live consignment; or rates that are time based and a consignment is static at a location longer than was planned. 

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