Download Payment Guarantee Process in SAP (Letter of Credit) PDF

TitlePayment Guarantee Process in SAP (Letter of Credit)
TagsPayments Banks Credit (Finance) Financial Transaction Letter Of Credit
File Size1.3 MB
Total Pages31
Document Text Contents
Page 1

Contents
Introduction .................................................................................................................................................. 2

Features .................................................................................................................................................... 2

How to create a payment guarantee document in SAP (Eg: Letter of Credit) .......................................... 4

Using payment guarantee’s in sales orders .............................................................................................. 7

Covering only a percentage of sales order value by a LC ................................................................... 10

Process Flow ............................................................................................................................................... 11

Configuration .............................................................................................................................................. 12

Documentary payments .......................................................................................................................... 13

Define financial document type .......................................................................................................... 13

Define Bank functions ......................................................................................................................... 14

Define Texts for financial document ................................................................................................... 14

Define Documents to be Presented .................................................................................................... 15

Define Reasons for Change ................................................................................................................. 16

Define Indicators for Financial Documents ......................................................................................... 17

Define Bank Indicators ........................................................................................................................ 19

Assign Documents to Financial Document Indicator .......................................................................... 20

Specify Control of Banks in Financial Document ................................................................................ 21

Specify Financial Document Control ................................................................................................... 22

Define Forms of Payment Guarantee ................................................................................................. 23

Define and Assign Payment Guarantee Schemas ............................................................................... 24

Activate Documentary Payments per Item Category ......................................................................... 27

Activate Document payment procedure for customer master .............................................................. 28

Similer Documents