Skip to main content
Client Credit Limits

Apply a Credit Limit to Specific Client Accounts if Required.

Updated over a month ago

Our Credit Limit feature empowers businesses to manage client credit effectively, ensuring financial stability and operational efficiency. Organisations can monitor outstanding balances by setting specific credit limits for clients and taking proactive measures when necessary.


Jump to a section:


Setting a Client's Credit Limit

To establish a credit limit, navigate to the 'Clients' section in your Klipboard dashboard and select the desired client. Within the client's profile, access the 'Credit Limit' tab, where you can specify the credit limit amount and provide details explaining the rationale behind the set limit, such as payment history or specific agreements. After entering the necessary information, save the settings to apply the credit limit to the client's account.


Monitoring Credit Utilisation

Once a credit limit is established, Klipboard provides a dashboard displaying the current credit balance and the credit limit utilization percentage. This percentage is calculated based on the sum of unpaid or unarchived invoices and the total cost of products or inventory allocated to jobs across all locations associated with the client.


Managing Clients Exceeding Credit Limits

If a client surpasses their assigned credit limit, their account is automatically placed on hold. This status is visibly indicated in both the 'Clients and Suppliers' list and when creating a job on the web portal. Administrators have the authority to manually remove the on-hold status from a client's account if deemed appropriate.

By leveraging Klipboard's Credit Limit feature, businesses can maintain better control over client credit, reduce financial risks, and ensure smoother operational workflows.

Did this answer your question?