letter of credit

[Former Member]

hi all

can any body give regarding the letter of credit, how it can be configured in the SAP R/3 sytem. can u give me any transaction code is used for this

thanks and regards

K.Gopal Krishna

[Former Member]

Hi Gopal,

Letter of Credit is a part of Risk Management Config.

Pl go thr the below link:

http://help.sap.com/printdocu/core/Print46c/en/data/pdf/SDBFCM/SDBFCM.pdf

http://sap-img.com/sap-sd/credit-management.htm

http://www.sap-img.com/sap-sd/credit-management.htm

http://help.sap.com/saphelp_47x200/helpdata/en/93/74382d546011d1a7020000e829fd11/frameset.htm

http://sap-img.com/sd025.htm

http://sap-img.com/sap-sd/mrp-block.htm

REWARD IF IT HELPS

Regards

Srini

[Former Member]

hi..

LoC comes majorly in risk management.

the LC is a financial document whose number flows inside the sales document.

to make it flow you have activate / set risk management and do minimum settings in payment guarantee procedure.

for this the credit check should be active at item level.

usable transactions are FD32. which in one of the screens in the special liablities the lc value can be seen.

to create LC document with value one can use F-49. with special GL indicators one can again decide whether the LC value counts for credit or not. this the FI consultant will help you.

Ensure credit control area flows from customer masters.

regards

<b>B. Baskar

SD consultant</b>

[Former Member]

Hello,

Please go through carefully to the steps indicated below for capturing LC.Specify the terms of payment in the customer master records. From there, the SAP System automatically copies them into the sales documents at header and item level. IMG - Sales and Distribution - Master Data - Business Partners - Customers - Billing Document - Define Terms of Payment. Then maintain ‘documentary payments’ Details of payment received and financial document details are being captured in the system and these details can be tracked at any point of time and ensures check while creating delivery and post goods issue. IMG - Sales and Distribution - Foreign Trade / Customs - Documentary Payments - Basic Settings - Define financial document type.

Do not forget to award points.

Thanks.

R.mahalik