Revolving Bank Gaurantee/ Letter of Credit

[Former Member]

Dear All,

Can anyone explain how can we handle the scenario of Revolving Letter of Credit/ Bank Gaurantee's?

Thanks in advance.

[Lakshmipathi · Accepted solution]

Create the L/C data in VX11N and assign the reference document in sale order at header level.

thanks

G. Lakshmipathi

[Former Member · Accepted solution]

Dear Friend,

I have created the LC document which can be assigned to Header/ Item Level of the sales document. System keep tracks the document value with the LC document. This LC document is of Static nature only.

My question was regarding revolving LC.

In revolving LC document, whenever customer pays the amount within the validity of LC document, system updates the available/open amount of LC document so that it can be utilized again.