Receivables Risk Management

Customer Credit Limit Management & Safety Alerts

Protect cash flow by assigning maximum outstanding credit limits to customers, with real-time warnings before issuing overdue invoices.

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Direct Answer / Summary

How do credit limits work in Likhtam?

You can configure a credit threshold for any customer account. If a new sales bill exceeds their limit or if they have overdue balances, Likhtam prompts an alert to help you collect before extending further credit.

Core Capabilities

What Likhtam delivers for this workflow.

Real features engineered for real business operations, not generic templates.

01

Per-Customer Credit Thresholds

Set individual maximum credit caps tailored to each client payment history.

02

Real-Time Invoicing Alerts

Warns billing staff immediately if a proposed bill will breach the party credit limit.

03

Overdue Ageing Tracking

Highlights customers with bills unpaid beyond standard payment terms (e.g., 30+ days).

04

Manager Override Controls

Authorize emergency billing with role-based permissions or freeze new sales until dues clear.

Practical Workflow

How it works from start to finish.

A clear, step-by-step process designed to keep your books completely balanced.

01

Define Credit Limit

Set the maximum allowed balance on the customer profile.

02

Issue Invoices

As bills are recorded, outstanding balances update against their limit in real time.

03

Safety Warning on Breach

If an invoice exceeds the cap, Likhtam prompts a warning before saving.

04

Collect & Restore

Record incoming payment; available credit restores automatically.

Who this is built for

Designed specifically for:

  • Wholesalers and distributors selling goods on 30/60/90 day credit terms
  • Manufacturers protecting working capital against defaulting buyers
  • Credit managers monitoring party aging and bad debt exposure
Frequently Answered Questions

Factual questions, straight answers.

Clear details about Likhtam's capabilities, offline support, and compliance.

Yes. You can configure whether to display a warning or restrict billing until payment is received.

The Receivables Ageing and Party Statement reports show all customers sorted by outstanding exposure.

Get Started

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