Credit Holds

credit holds and credit limits can be used to control the credit extended to customers and reduce your organization's exposure to risk setting a credit hold when an account has a credit hold, new invoices cannot be created for that customer here is how to setup a credit hold open the customer's account in the invoiced dashboard click edit in the more options section, toggle on the credit hold option click save to finalize the credit hold when a credit hold is in place you will see this error message when trying to create invoices new invoices cannot be created for this account because it has a credit hold credit holds can be released through the same process as adding a credit hold, by simply toggling the credit hold option off on the customer setting a credit limit a credit limit puts a restriction on the amount an account can have outstanding at a time when there is a credit limit for an account, each time an invoice is created, invoiced will check to see if that causes the customer to exceed their credit limit when in excess of the credit limit the invoice will be rejected here is how to setup a credit limit open the customer's account in the invoiced dashboard click edit in the more options section, check the has credit limit option and enter in the credit limit click save to finalize the credit limit when a credit hold is in place you will see this error message when trying to create invoices this invoice cannot be created because the new amount outstanding ($11,000 00) exceeds the account's credit limit ($10,000 00) credit limits can be modified or removed through the same process as adding a credit limit