The settings below are configured in System Setup or on the records named; the configuration steps live in the Implementation Manual. What follows is what they do to daily work.
- Prices. A line's price arrives from the price grid (Chapter 6), and the resolution matters to anyone quoting: a price set directly in the document's currency wins; otherwise the catalogue price is converted at the document's rate; where neither exists the field is left blank for you — never filled with a figure in the wrong currency. Prices can vary by customer or customer group, by branch, and by quantity band, all of which is Chapter 6's subject; in Sales you simply meet the result.
- Credit limits and terms live on the customer (§3.6). Their implication is reach: the limit governs approval and delivery for every order the customer places, in their currency — raising a limit is a credit decision, and the terms decide when every future invoice falls due.
- Sales validity days (company setting) stamps each order's Valid until. Its implication is honesty in quoting: beyond that date the order's prices are no longer guaranteed, and moving them requires the deliberate Extend validity or Re-price act — a conversation with the customer, not a silent edit.
- The credit management switch (0.6) decides whether limits, exposure and holds exist at all. Off, Sales sells to anyone; on, it sells within the discipline of §3.5. Switching it on later is safe: existing customers simply start being measured from that day.