Configure security limits for debtors
You set the age limits for the debtor security list. The security list, a default report in Profit, organises the outstanding items based on these limits. You record these limits per environment.
For example, you have organised the limits as follows:
- Security limit 1 = 30
- Security limit 2 = 60
- Security limit 3 = 90
- Security limit 4 = 120
- Security limit 5 = 150
- Security limit 6 = 180
In this case, the columns in the security list are laid out as follows:
Column |
Description |
|---|---|
< 30 |
This column shows outstanding amounts up to the 1st security limit. In this example, only the amounts of the invoices that have been outstanding less than 30 days are shown. |
30-60 |
This column shows outstanding amounts from the 1st to the 2nd security limit. In this example, only the amounts of the invoices that have been outstanding for 30 to 60 days are shown. |
60-90 |
This column shows outstanding amounts from the 2nd to the 3rd security limit. In this example, only the amounts of the invoices that have been outstanding for 60 to 90 days are shown. |
90-120 |
This column shows outstanding amounts from the 3rd to the 4th security limit. In this example, only the amounts of the invoices that have been outstanding for 90 to 120 days are shown. |
120-150 |
This column shows outstanding amounts from the 4th to the 5th security limit. In this example, only the amounts of the invoices that have been outstanding for 120 to 150 days are shown. |
150-180 |
This column shows outstanding amounts from the 5th to the 6th security limit. In this example, only the amounts of the invoices that have been outstanding for 150 to 180 days are shown. |
>= 180 |
This column shows outstanding amounts that are above the 6th security limit. In this example, only the amounts of the invoices that have been outstanding for more than 180 days are shown. |
To record security limits:
- Go to: Financial / Management / Settings.
- Go to the tab: Security limits.
- Set the limits.
In the fields, specify the number of days for the security limit in question (so first, second, etc). Based on these limits, the columns in the security list for debtors are laid out. The outstanding balance of the invoices with an age lower than the first security limit are added and displayed in one column. For example, if the first security limit is 30 days, the invoices that have been outstanding for less than 30 days are added and displayed in one column.
- Click on: OK.
- Click on: Yes.
De omgeving opent automatisch opnieuw, met de nieuwe instellingen.