bank guarantees

[Former Member]

hi

I am very new to this Bank Guarantees Concept can any body tell me what is the meaning of the Bank Guarantees and how to configure it and what are the transaction codes used pl thanks in advance points will be rewarded

[Former Member]

Hi

The steps are as follows

1.T Code FBKP for GL Account Assignment to the Reconcilliation Account

2.T.Code F-49 for entering the Bank Gaurantee received as Noted Item.

3.T Code F-28 for payment received from the Customer for the sales invoice. In the first screen in the Open Item Selection segment provide G as the Specil GL indicator after providing the Customer No.

The the system would automatically clear the Gaurantee along with the invoice amount.

Hope I have provided the required T codes.

[Former Member]

I think Bank guarantees are basically financial documents as a token of acceptance of any liability. Normally it can be handled thru Noted items in SAP as they will not have any accounting impact

Else u could try 'Documentary payments' in SD - Foreign trade customs

Thanks and Regards