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Former Member
Sep 23, 2012 at 11:43 AM

Letter of credit for purchase process


Hi All, Can you confirm if it is possible to manage LC payment , track exposures or coverage for LC ( to assess the value of LC to be taken for the vendor taking account of existing LC , and shipment) with standard AP process and get reminders for LC due date ? We are aware that through Foreign trade - for SD integration.

But is there a foreign trade module for MM with LCs? However as a contradiction - in VX52 - Documentary Payments : Indicators - Field Control/ doc. check" (Define indicators for fin. docs.) , Under business partners it mentions "Customers / Vendor numbers" - "Check customer/vendor masters".