We have a requirement to implement Letter of credit sanction amount limit provided by the BANK.
For e.g. Bank has sanction us credit limit of 20 million USD.
we have open a Letter of credit facility of 10 million USD. and we have draw down 5 Million USD from that facility using bills so the utilized amount is 5 million USD and non utilized amount is 5 million for the letter of credit facility.
The utilized Sanction facility is 10 million USD and non utilized limit is 10 million USD.
Can we map this functionality in Standard SAP ECC 6.0 System. Is there any standard financial instrument available in Standard SAP to fulfill the client requirement.Please also Check is there any standard functionality available in SAP to automatically calculate Bank charges incurred on Letter of Credit financial instrument.