Credit control in Tally is a very useful module for all those companies that are enforcing or are looking to enforce credit limits in Tally. By default, Tally displays a warning message when you try to make an invoice if the credit limit of the particular party is exceeded or their outstanding bills go beyond the number of days allowed for them. You do not have the option to completely stop billing.
With our module, billing for a particular party gets blocked if they have exceeded the allotted limits either in days or amount or both.
The module has three options.
- Block on amount and number of days
- Block only on the amount and display warning if the number of days is exceeded.
- Only display warning on the amount and block billing if the number of days is exceeded.
The credit limit settings can only be altered by the authorised user.
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