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Letter of Credit [message #188180]

Thu, 17 August 2006 06:44

pooja82
Messages: 16
Registered: July 2006

Junior Member

Can someone please tell me how to implement L/C for a manufacturing company having large number of transactions.

Thanks and Regards
Pooja

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Re: Letter of Credit [message #188318 is a reply to message #188180]

Thu, 17 August 2006 23:31

manojr
Messages: 38
Registered: January 2006
Location: Pune India

Member

Hi,

There is no direct fit is available for letter of credit in oracle apps, but the you can use "Invoice type Deposit or Guarantee for the same. But its a workaround and not the direct fit.
Since you are working on MFG Domain no of transactions might be high related to letter of credit, you can define Invoice Type Deposit or Guarantee depending on the tenure of LoC and can enter the transactions.

Regards

Manoj

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