A.2.23.3 Customer/Business Credit Limit Maintenance

To adjust the Grade, Late Charge, or Limit Expiry details of a defined credit limit, you can post ‘CUSTOMER/BUSINESS CREDIT LIMIT MAINTENANCE’ transaction:

Table A-104 Customer/Business Credit Limit Maintenance

Transaction Parameters
CUS_CRLMT_MAINT or BUS_CRLMT_MAINT TXN DATE
GRADE
MAX LATE CHARGE RATE
LIMIT EXPIRY DATE
LIMIT NEXT RENEWAL DATE

On successful posting of the transaction, a comment is posted indicating the amount increased / decreased from old value to new value.