Credit Limits & Price Tiers

Fine-tune how you do business with each party.

Credit limit

Set a credit limit on a customer to cap how much they’re allowed to owe you at any time. It’s a useful guardrail for managing risk with parties who buy on credit.

Opening balance

When you start using Clorvia, a customer may already owe you money (or you may owe a supplier). Record this as their opening balance so your books are accurate from day one and the party’s running balance is correct.

Set opening balances when you first add your parties — it saves reconciliation headaches later.

Price tier

Tag a party with a price tier (for example Retail or Wholesale) to decide which of an item’s price levels they’re billed at by default. This pairs with the prices you set on items — see Pricing.

For example:

• A Retail customer is billed at the item’s sale price.
• A Wholesale customer is billed at the item’s wholesale price.

You can always override the rate on an individual invoice line.

→ Next: create your first Invoice.