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May 18, 2006 at 03:23 PM

LC - Accounting Treatment

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Dear Friends:

In Letter of Credit, 25% is paid in cash,75% through bank by customer. For Bank Payments, I am using F-28 - In coming PAyments.

For Cash, should i select Cash Journal? If the customer wants to show the full amount in one GL Accounts, How should i proceed?

All the advise will be greatly appreciated.

Regards

msreddy