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It is not an ideal solution to keep having to access the supplier details for this information, to see this information at a glance would be more efficient. Being able to add this information is crucial to knowing when we are near to the limits as well as exceeded

Suppliers and customers needs a lot of updating they are treated to much alike. But then Xero allows this function for customers and not suppliers which is odd. It would be good to see when the supplier credit limits are exceeded.

@melanie - yep - to be honest, I think the whole supplier side of Xero is shocking! So much basic functionality is missing ..... If I know now what I was told back when we moved, I think I would have thought a bit longer about moving to Xero ....

As this is a function for customers (after some time!) I don't understand why it can't be an option for suppliers!
We are given limits from our suppliers and it would be good to see when these limits are exceeded! Surely this is just another basic accounts package function that XERO is missing!

Agree that being able to enter a Supplier limit is critical.

What is the use of having credit limits approved when filling in a credit application if you don't even have it in the system to keep an eye on.

I would have thought this function would be a basic thing to have. You have it for customers why not suppliers.

agreed

agreed

For easier financial management & decision making in Accounts Payable, the Companies Credit Limit's with the suppliers is increasingly critical, Ideally this would also incorporate a notification when credit limits are being approached combining total Accounts Payable amounts with Unbilled Approved Purchase Orders

This is very important for my company to have that on.

Please, please, please add this function to Xero!! It's surely a bog standard basic requirement to maintain financial control. We moved from Sage to Xero as we considered it to be a better software... Sage had the facility to record a supplier credit limit, so why doesn't Xero??!!
Please take note of all the other comments in this thread. It really is a vital function and quite disconcerting that this discussion has gone on for almost a year without any change being made!!

This is critical to know to keep track of spending

We need to be able to know when an account nears credit limit so we can ensure orders are not held up and we can clear this before month end

As others have said - this feature is important. A lot of times our orders are put on hold as we don't have the means to manage credit limits. This also would need to link in when raising purchase orders and alert our buyer when our credit limit will exceed if he places the order. We rely on suppliers contacting us instead , which results in early payments being made which then has an impact on cashflow

I don't understand why such a vital feature as supplier credit limits was removed? This needs to be reinstated!

If we had this feature it allows us to manage our risks and it will adds benefits to our clients allowing them to make sure that we manage our cash flow beneficially.

Surely this is standard accounting practice to be able to set credit limits for both customers and suppliers. It is crucial for us to monitor the overspend ourselves instead we have to wait until our suppliers shout at us because we have exceeded the limit.

We do two way trading so ideally need a field for the sale credit limit and purchase credit limit under one contact record. Seems like a simple request to implement and would help immensely.

I see this has been a request since 2016 but activity has increased on it recently. Let's keep shouting so it gets heard.

We moved from Sage to Xero February 2019. Can't remember if the credit limits were imported - however I have been setting C/L for both Customer + Supplier until the recent update a few months ago. It was Xero that advised C/L for supplier is shown under "Sale Default". The screen shot is for one of our suppliers.

Mary Byrne
Were you using a generic contact - ie not setting as a customer or a supplier - or by chance were pay the top tier of fees for Xero. This option has never been availing to me as a small business since 2020

I have sent a screen shot to Xero support that proves we were always able to add credit limits for suppliers until a recent update. It appears the credit limit has defaulted to Sales and not Purchases. "We are currently investigating this and we will be in touch once i have received an update from our product team".