Bank Gurantee and Corporate Gurantee

[former_member208409]

Dear Experts,

We have issued Bank Gurantee to our Vendors and also issued Corporate Gurantee to other few vendors.Now when i try to record this by posting by F-57 I can select only vendor account and cannot maintain Bank Name.

Also in case of a corporate gurantee their are payments which gets reduced after a period of time so how do i account the same please advice.

Regards,

[atif_farooq]

Dear:

F-57 is for noted items ( these do not have any financial impacts) and are just requests originated to pay a sum of money to vendor. You will never have bank field in noted item because noted item are generated as single line item. To post down paymetns please use F-48 to have bank screen but it will be posted into financial.

Regards

[former_member208409]

Thanks for your prompt reply...

Can you advice if we want to reverse or clear the noted item how is that possible.

Regards

[atif_farooq]

Dear:

Noted item since have no financial impact can easily be reversed through FB08.

Regards