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

SAP Term: credit line

• Component: SBO

• Component Name: SAP Business One

• Description: The fixed amount or limit which is made available for customers or business partners by a bank or business. The outstanding credit should not exceed this limit.

Smart SAP Assistant

• Key Concepts: 
  A credit line is a feature in SAP Business One (SBO) that allows customers to purchase goods and services on credit. It is a type of loan that is extended to customers by the company, and it is used to finance purchases. The customer pays back the loan in installments over a period of time. 
  
  How to Use It: 
  In SBO, credit lines are set up in the Accounts Receivable module. The customer’s credit limit is set up in the system, and when they make a purchase, the system will check if they have enough credit available to cover the purchase. If they do not have enough credit available, then the purchase will be declined. 
  
  Tips & Tricks: 
  It is important to monitor customer’s credit lines closely to ensure that they are not over-extending their credit limit. This can be done by setting up alerts in SBO that will notify you when a customer’s credit limit has been reached or exceeded. 
  
  Related Information: 
  Credit lines are an important part of managing customer accounts in SBO. For more information on setting up and managing customer accounts, please refer to the SBO help documentation.