This field in the Received on Account window is the amount remaining that the customer can charge before reaching the credit limit. It is the difference between the Credit Limit and the Running Balance fields.
If this a main account, and you use a global credit limit, the credit available is the global credit.
If this is a job account, and you use a global credit limit (the Global Credit Check field is set to Y on the Credit tab of Customer Maintenance), the system may not allow charges to this account because there may not be any global credit available.
For example: You have a main account and job accounts set up as follows:
The global credit limit for the main account is $10,000 and its running balance is $1000.
The credit limit is $4000 for job account #1 and the running balance is $3500
The credit limit is $6000 for job account #2 and the running balance is $5000.
The customer wants to charge $750 on job account #2. A message warns the clerk that the credit limit is exceeded, even though job account #2 has available credit of $1000, because the global credit limit only has available credit of $500.00 (10,000 – 1000 – 3500 – 5000).