Does the vendor credit limit have any efects on transactions like PO or Vendor Invoices?

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Posted on by Aida

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In the vendor set up window as well as in the vendor class setup window, there is a field to specify a credit limit. I presume that if I mark "Amount" and enter a specific value, the system should warn me when I try to post a vendor invoice, or I try to link a vendor invoice with a purchase receipt or when I try to post a PO, is any o these transactions make the total amount owed to the vendor exceed the credit limit that specify.

However, when I did testing the system never warn me anything. It seems like this field is just for reference and didn’t help you to control your purchases.

Please clarify me, if the field vendor credit limit, let me apply control to my vendor purchase operations.

If this is not the right way to control no excess credit limit, please advise me if there is another way to get it.

Many thanks,

Aida

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Victoria Yudin 22,766 on at

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Re: Does the vendor credit limit have any efects on transactions like PO or Vendor Invoices?

Aida,

The Vendor credit limit is informational only. The assumption is that the vendor will be enforcing the credit limit, not you. :-(