Use of Letter of Credit(LOC) in Credit management.

[Former Member]

Hi,

How can i link LOC to Credit management?

I have a requirent suppose I have set a credit limit of 100000 for a customer.

I have received down payment of 20, 000 and there is LOC of 80, 000 then my system should consider downpayment(Which it will consider in special liabilities in fd32) and LOC value when checking the credit limit.

Is it can be done through standard process or will have to go for any user exit ?

Manish

[Former Member]

Hi

U can go with the standard.In Sale order at Header level in Billling Documents after giving the Fin.Doc No.we have a field Depreciation % which specifies what amount has to be calculated from the LOC. in your case enter the value 80000 which covers from LOC and the remaining from credit master record.

Hope this will helpu.

Regards

Sujith

[Former Member]

Hi Surjit,

Thamks for your prompt response. I tried the same but in that case it only consider the LOC value its not considering the down payment that we have taken from Credit Master.

Manish