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Former Member
May 16, 2007 at 04:09 PM

letter of credit



Letter of credit as noted item,

we post f-57 for noted items

but it is showing as open itemin that vendor account how to reverse it

for ststisticalpostig f-55 reverse f-56 is there

i didnt fing reverse for noted item

And when the bank pays the amount we have to make entry in f-53 that all ?

there is process as clearing the noted item like downpayment clearing activity for his noted item?