"Letter of credit" AND "Bank Guarantee"

[former_member613804]

Hi Friends,

We have "Letter of Credit" and "Bank Guarantee" processes in our organisation. Wanted to understand below points.

1. Any specific scope items to be active to enable these processes?

2. Source or link where i can get step by step process to configure the same in S4HC system.?

Thanks & Regards,

[former_member613804 · Accepted solution]

Dear Friends,

Aforesaid process seems covered in scope item 2NZ – Trade Finance Management (part of TRM module). However, this is not available for country version India for the release 1902. This could be delivered with the S/4HC release of 1911.

Thanks & Regards,

[Anirban_Dutta]

Hi SatyaPrasad,

I don't think there are any separate scope items for these. My understanding is that these can be booked using the Noted Item functionality. There are pre configured Special GL indicators for Guarantees etc. You can check the same in the SSCUI for automatic account determination (100297).

Regards,

Anirban

[former_member613804]

Hi Anirban,

Thanks for the update.

In few of our SAP help documents as listed below, i have seen the areas where they maintained Master data relating to Letter of Credit, and linking it to Sales order etc.

https://wiki.scn.sap.com/wiki/display/SD/Activate+Letter+of+Credit+in+SD+documents

https://help.sap.com/saphelp_gts10/helpdata/en/4a/812ca476c65767e10000000a421937/frameset.htm

So, just wanted to know whether such process exists in S4HC system to maintain master data of LC and to specify the validity of LC, track the LC whenever it is due etc.

Thanks & Regards,

[former_member613804]

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