Hello,
Does IFS provide a way to set the credit limit a supplier has provided a company similar to the credit limit on a customer record?
Our accounting department would like to have IFS enforce a credit limit from a supplier so purchasing can not release purchase orders which would exceed our credit limit with a supplier. I’ve searched on the supplier record but I could not locate such a field.
Regards,
William Klotz
Hi
There is no such credit limit for the supplier side. However you could use supplier agreement Max amount to achieve a similar functionality to control POs.
Hope this helps
Regards
Susith
Hi
Thank you, I will work with our accounting department to setup some supplier agreements in our testing environments so we can see how IFS behaves when we reach or try to exceed the maximum amount. We currently do not use supplier agreements but we will read about supplier agreements and setup a few for testing.
Regards,
William Klotz
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