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Former Member

credit mangemnt issue

Hi,

I have a requiremnt from the clint stating that, for export customer how exactly letter of credit is configured , on what basis we need to realse the material to the foreighn customer. can any one hlep me out what are the settings required for letter of credit configuration.

Thanks

Regards

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3 Answers

  • Best Answer
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    Former Member
    Feb 15, 2010 at 04:02 AM

    Hi

    LC - comes under Risk Management. It is one of the Payment Guarentee Procedure.

    To configure LC - You need to do SPRO config in below

    Sales & Dist ->Foreign Trade/Customs ->Documentary Payments ->Basic Settings

    Here you need to configure LC document as per your req.

    Whenever your customer opens an LC.

    You can go to SAP easy access

    Logistics ->Foreign Trade/Customs ->Payment Guarantee ->Documentry Payments ->Financial Document -> create

    Here you can create a LC document as per the customer sent copy.

    The reference number which you get upon saving the above document, you need to maintain it in your sale order.

    Sale order -> Header ->billing -> under Risk management ->Payment Guarant.Proc. & Fin doc number needs to be maintained.

    This way you can link your sale order to LC.

    While processing a sale order, it will set a block & you can have a control

    thank you

    Anirudh

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    Former Member
    Feb 14, 2010 at 12:12 PM
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    Former Member
    Feb 15, 2010 at 03:25 AM

    Hi

    Kindly go throug thebelow links

    Letter of Credit

    http://wiki.sdn.sap.com/wiki/display/profile/LetterofCredit

    Regards

    Damu

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