How credit limit of parent Customer will share by child customers in Netsuite?

Hi All,

"Kp Chow" asked this question and I somehow find the solution, 
So I thought it will be best if I can share on my blog so that anyone can see this if needed.

Question:  Are user able to set the credit limit to be shared within the customers' group instead of setting individual credit limit? 

Answer:
Go to List then Relationships then Customers then Edit Parent Customer and go to Credit Limit.Assign credit limit to him.

Keep child credit limit as blank.

 Now go to 

SetUp -> Company -> Enable Features -> Accounting Tab -> Consolidated Payment = true 

Here Consildated Payment shows Text as " Apply payments, credits, and deposits either through top-level customers or individual subcustomers and print consolidated customer statements. " this is very useful. 

Now Go to

setup -> Accounting -> Accounting Preferences -> Under General Tab -> Account Receivable -> Customer Credit Limit Handling 

Choose you option, there are 3 options 

1. warn only, 

2. Ignore,

3. Enforce Holds.

 You can select as per your need.

This means every time you create a transaction and the customer exceeded the credit limit assigned to the parent then a warning message will prompt telling you that the customer has already reached the maximum credit limit assigned.

I hope this will help, let me know if you face any issue.

Thanks

Abhi