What is credit amount in SAP SBO - SAP Business One?

SAP Term: credit amount

• Component: SBO

• Component Name: SAP Business One

• Description: An amount of money in someone's favor.

Smart SAP Assistant

• Key Concepts: 
  Credit amount is a term used in SAP Business One (SBO) to refer to the total amount of credit that a customer has available. This amount is determined by the customer's credit limit, which is set by the company. The credit amount is used to track the customer's spending and ensure that they do not exceed their credit limit. 
  
  How to Use It: 
  In SAP Business One, the credit amount can be found in the customer's account information. It is displayed as a total amount and can be adjusted by changing the customer's credit limit. The credit amount can also be used to track the customer's spending and ensure that they do not exceed their credit limit. 
  
  Tips & Tricks: 
  It is important to keep an eye on the customer's credit amount to ensure that they do not exceed their credit limit. If a customer does exceed their limit, it can lead to financial difficulties for both the company and the customer. 
  
  Related Information: 
  The credit amount is closely related to other terms such as credit limit, payment terms, and payment methods. It is important to understand how these terms interact with each other in order to effectively manage a customer's account.