RE:[sap-log-mm] Letter of Credit

Posted by Sap Land Sunday, 4 September 2011 10:30

Posted by Guest
on Sep 5 at 11:17 AM

Hi,
Complete configuration can be found in below link.

http://learnsaptips.blogspot.com/2011/09/how-to-handle-letter-of-credit-in-sap.html

---------------Original Message---------------
From: puneeth_mech123
Sent: Wednesday, March 28, 2007 8:35 AM
Subject: Letter of Credit

Hi MM gurus,

I have a small problem,

The PO is made mentio
ning the payment terms as Payment through bank documents.

Bank documen
ts here refers to Letter of Credit.

Is there anything in SAP which dea
ls with such a situation?

If so Pls give me the fflow.

The AS-IS
is as follows:

1.The PO is created.
2.The supplier sends the Proform
a invoice,and the receiver will open the Letter of credit.
3.Then after t
he approval of the Letter of credit from the bank, the payment is made agai
nst the receipt of the shipping documents.
4.On the issual of the shippin
g document, the shipping company will send the material to the receiver.

I wanted to know whether this process can be in SAP?

Thanks & Regar
ds,
Puneeth

Puneeth MP

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