Behaviour of letter of credit through credit note.

[Former Member]

Sales order has been created against L/C and finally invoiced, Credit note passed for price correction subsequently, Same L/c also got attached to creit note but there is no impact on L/c value. Is this normal behaviour or any customization missing.

[Former Member]

Thanks, I am also with same understandingh

[Lakshmipathi]

Dear Amit

I had a small doubt on your question and hence tested for the same by creating an export sale order and completed with issuing credit note for partial quantity. On checking in VX12N, it has been observed that the Open Value has not changed

thanks

G. Lakshmipathi

[Former Member]

Hi,

credit note is issued to the customer when the company owes to pay to the customer for any reasons. it is no way connected with L/C.

regards

sankar