Kolleno allows you to set credit limits per customer. It is made of two parameters:
CREDIT LIMIT: this is the credit limit amount in the customer's currency
CREDIT UTILISATION ALERT: this is a percentage of the credit limit
In the example below, when the customer will have a balance of £8,000 (80% of 10,000), an alert will get created on the Task Manager so you can take action.
Please note that on the example, the £7,573 balance corresponds to the customer's total balance (DUE INVOICES + OVERDUE INVOICES - PREPAYMENTS - OVERPAYMENTS - UNALLOCATED CREDIT NOTES).
