How to set Credit Limit in Tally Prime |Customers’/Buyers’ Credit Limit |Credit Limit Management

In this video you will learn about How to set a Credit Limit in the customer’s or buyer’s ledger in Tally Prime. Credit Limit is the monetary limit up to which the buyer can purchase from a seller on credit. This limit is agreed upon mutually by the seller and the buyer. Credit limits can be set for ledgers created under the groups Sundry Debtors and Sundry Creditors.