MM-purchasing scenarios LC Letter of Credit & subsequent credit/ debit

[Former Member]

Gents,

Please we are engaged with MM implementation ECO ( Engineering & Constructions)  specially for foreign purchasing and local purchasing.

Need you advice for  how i can handle the foreign purchasing  with LC in the following  cases

- Received Invoice before the GR

- In case subsequent credit

- In case  in we  Received the goods  and issuing part of goods for project and at the same time  still not receive the invoice

Kindly I need your advice

Regards,

[JL23]

Numerous times answered in existing discussions: LC does not play any role in purchasing.

You have to give this to your vendor, otherwise you wont get the material, since he has to fear that you do not pay him.

Hence it is a SD function to secure that nothing is shipped what is not covered by the LC.

If you want track what you procured/received against a LC to know how much is remaining, then you have to do an own development