Bank Guarantee - Noted item

Dears
I need to define Special GL transaction for Bank Guarantee.
I have created an Alternate GL account (reconciliation account) for the vendors.
I have set it in FBKP for K-G combination for this bank guarantee.
Other than this, do I need to give an open-item managed balance Sheet account for 'automatic off-setting posting' in FBKP ?
I heard bank guarantee is a statistic posting. Then why an off-sett account is required, if any ?

Dear:
When a Bank Guarantee is received from bank then date is entered as noted item whihc does not have any financial impact . This amount should be shown as open in Bank Guarantee GL A/c ( hence it should be maintained on OIM basis). Use F-57 to record the transaction. Next upon realization of payment for which it was issued, we select the Special GL indicator G to clear the open items. F-52 is used to process the same .
Refer to the link given
http://help.sap.com/saphelp_erp60_sp/helpdata/EN/01/a9c922455711d182b40000e829fbfe/frameset.htm
Regards

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Limit on LC and Bank Guarantee - Noted Items

Dear SAP Gurus,
We have a requirement from client as below for Letter of Credit and Bank Guarantee.
Example: They have taken a combined limit for BG+LC today(10th June) they would like to track this separately.
Similarly they can take a combined limit later say 15th June or 20th June……
For each such iteration a separate tracking of limit maintenance and usage should be available.
How to achieve this? Please guide.
Thanks in advance.
with best regards
Ramesh

Hello Ramesh,
You can track Bank gurantees and Letter of credit's ,if you implement risk management ,which is under Sales and ditribution module.
Transaction code :- VX11N / 12N / 13N .

Hi, Noted item-Bank Guarantees

Hi Gurus,
I configured the noted item for bank guarantees and i am making postings also, and my doubt whether this bank Guarantee reconciliation a/c's, we are mapping in the balances or not. what's the procedure in case of preparation of balance sheet for noted items. Please let me know, i will assign points.
sd/-
Rajesh

Hi Rajesh,
As you understood correctly there won't be any financial impact because of these Noted items..
All these are single line item documents....
Even though we assign the Recon a/c to these Spl GL a/c, there won't be any posting to these a/c and even if you assign them to the FSV, system will not show any balance on your Balance sheet or Trial Balance.
These are only useful for reporting...in FBL1N and FBL5N you can generate reports by selecting the Noted items in the selection given in the down.....
I hope it will clarify your doubt...otherwise please revert back
Thanks & Regards
Ravi C

Bank Guarantees and Letters of Credit

Hi friends
Can u help me as to the actual business flows of Bank Guarantees and Letter of Credit? In SAP, they are treated as noted items, but what is the exact procedure regards the liability creation.
Any useful links wud be welcome.
Thxs

Dear Sanju MS,
please kindly run the transaction OBXY. You should already have the following entries:
D G Guaran. Guarantee
D L Letter Letter of Credit
Then You can use F-38, F-49 to post.
I hope this helps.
Mauri

Profit center not appearing in Noted Items

Hi
I created one noted item for customer bank guarantees. Now we give this bank guarantee profit center wise (location-wise).
Now i want to see profit center-wise bank guarantees given. How to see.
My issues: Profit center field is not appearing in F-49 (Post customer noted items).
I checked field status group for GL Account as well as posting key. In both the field status group, "profit center' is optional.
So please help me how to bring profit center field in customer noted items.

Hi,
Your original document was a noted items for which PC is irrelevant. Documents with PC assignment and created as noted item can not be simulated. Hence you can not update PC in it. For reference purpose other fields like reference or text can be used.
Regards
Edited by: Atif Farooq on Sep 24, 2011 6:38 PM

Noted items posting

Hi all,
Can anybody tell me why iam getting the following error and how to resolve it?
While posting Noted item for customer in F-49 selcting the Special GL Indicator as G and posting key 09 it is giving error as
Do not use a special G/L indicator for down payments
Message no. F5762
WHY?
Is there any document will be generated by posting Noted item?
Thanks in advance
ssp

Hi Friend,
This is Noted item transaction used for bank guarantees and Insurance premiums like as payment request.
So for that you have to configure OBXT settings.
If you want for special g/l indicator for payment request u can configur OBXR and OBYR.
i THINK UR PROBLEM WILL BE SETTLE

Partial clearing for noted item

Hi
I have created a bank guarantee (BG) given to customers as a noted item.
When receiving payaments from customer (after invoicing is done to customer), i need to clear this BG (noted item). This clearing of noted item needs to be done for partial amount. But in clearing screen, partial amount field and residual amount field is greyed out for noted item line. Let me know how to clear noted item partially.

Hi,
The functionality you required is not available in SAP standard system.
Noted item is only a note, it is impossible to do partial payment or residual payment when you clearing it with an invoice together, so the amount field is greyed out.
Recommend you to consider to use alternative reconciliation account functionality, but this is real FI document with debit and credit , not noted item.
With Best Regards,
Gladys XIng

Bank guarantee- Provisions / security deposit

Dear All,
I have looking for bank Guarantee solution in SAP. I know about SP GL but it doesn't cover the full functionalities like administrate Provisions which the customer paying to the Banks.
The core Process is like the advanced payment(FI) include the administration of Provisions.
The process starts with:
- Advanced payment request from selling customer
- The buying customer ask for securities for this advanced payment,
- The selling customer contacts bank for secure Advance payment,
- Bank secures that and asks for provisions (less than normal Interest).
- The buying customer pays "Advanced payment".
- The selling customer pays provisions for just outstanding part of advanced payment because when selling customer deliver services then advanced payment turn into Turnover.
Knows someone how /where to customize such process?
It should be a standard sap solution.
Thanks for your help
Morteza
Edited by: Morteza Chobari on Apr 8, 2008 2:35 PM
Edited by: Morteza Chobari on Apr 8, 2008 3:19 PM

Dear Morteza,
The Busiiness process explained by you, till customer makes down payment is general scenario only. Where as the Guarantee is concerned there is no FI entries passed in the Financial records of the seller, since a guarantee is given by the supplier's bank. However for providing the provision for contingent liablity to record the transaction you can create a noted items ie Special GL for Customers. When ever a guarantee is given you can pass an entry through transaction f-38.
Whenever you want to see the list of guanrantees given to customer you can select the noted items in T Code 5bl5n and get the list.
Regards
Suresh

Recording of Bank Guarantees

Hi,
I am using the transaction code F-38, special G/L "G" to post the bank guarantees. These Guarantees will be given due period and on the due date the guarantee will be expired. Therefore on the expiry date i need to change the " due date" and use the same guarantee number. but the problem is on the document change the due on tab is not showing, where I can activate this tab?
Thanks
Gayani

HI,
I have a requirement like this....assuming the guarantee is a CASH instead of bank direct posting,Then I want to enter a receipt (F-28) for the cash received. Therefore I have entered to cash guarantee as a noted item F-49 and I want to enter the receipt referring the noted item. my issue is that the system is not allowing to enter the receipt by selecting the noted item...what could be the reason?
thanks
Gayani

Bank guarantees

hi
I am very new to this Bank Guarantees Concept can any body tell me what is the meaning of the Bank Guarantees and how to configure it and what are the transaction codes used pl thanks in advance points will be rewarded

Hi
The steps are as follows
1.T Code FBKP for GL Account Assignment to the Reconcilliation Account
2.T.Code F-49 for entering the Bank Gaurantee received as Noted Item.
3.T Code F-28 for payment received from the Customer for the sales invoice. In the first screen in the Open Item Selection segment provide G as the Specil GL indicator after providing the Customer No.
The the system would automatically clear the Gaurantee along with the invoice amount.
Hope I have provided the required T codes.

Statistical and noted item

Hi,
May I know if there is a difference between statistical posting (like F-38 statistical posting and F-19 for reversal statistical) and noted item (F-47).
I know that noted item only create 1 line and able to track in line item display whereas statistical like record guarantee. Both also no impact to fin statement.
I would like to know the PURPOSE or difference for statistical posting and noted item.
Thanks
Rgds

The company normally requires the customers to secure their
credit lines with bank guarantees, cash bonds, personal
guarantees and even letters of credit. Some of these
documents however require monitoring since they usually have
expiration period.
The system provides monitoring of these noted items by
allowing the user to create noted items for a particular
customer. This would help the user monitor all these expiry
periods, special notes, and other information the user
deemed necessary to ensure full implementation of company
controls.
These noted items given by customers will increase the
credit exposure as well.
But BG/LC given to the customer by the company will not
affect the credit exposure.
The document entry of Noted Items is created by using T-Code
F-49. Using Special G/L indicator u2018Gu2019 for Bank guarantee and
u2018Lu2019 for Letter of Credit when noted items are received from
customers.
When BG is given to customers Special GL indicator u2018Yu2019 maybe
given.

Change Documents - FB02 for Noted Items

Hi
I posted one customer noted item (with TCode F-49) for bank guarantee. There are two fields BSEG-MSCHL and BSEG-MABER.
Now i have defined drop downs for the same.
While posting transaction, user selected wrong items from dropdown and saved the document. Now in FB02, i tried changing these fields, but these fields are not appearing only.
I checked in Rules for changing document line item. These two items are there in the list of fields allowed to change. Inspite of this its not appearing.
Let me know the reason why these fields are not appearing in FB02.

Transaction type field is empty.
There is a tick in FIELDS CAN BE CHANGED.
In stipulations for changing, only following is ticked:
LINE ITEM NOT CLEARED
In stipulations for changing, following are unticked:
Posting period not closed
Customer Debit or Vendor Credit
No invoice related memo
No credit memo for down payment

Noted items Creation

What are all the Steps needed to create a Noted Item for a Customer?
Using FBKP transaction for the Account Type "D" with the FLAG "F" ,
In the Properties Tab
Should I need to Select the "Noted Items"
What is the purpose of Target GL Indicator
Thanks
YV

Hi
Noted items are single line transaction we can able to see only for information. It will not update the transactions in General Ledger..
This will post through SPL. GL. Indicators, we can able to see the Noted Items through Spl. GL. Indicators in Customer/Vendors reports by selecting noted items parameter.
Ex: Bank Guarantees; Bill of Exchanges
Rgds
Vani

Reversal T code for F-49 noted item

Hi experts,
we have enter the customer Bank grantees as noted items through F-49 transaction code. can any body give the transaction code for reversal/deleted of this noted item.

it is not allowing to reverse the current period.
ex. noted item posted in apl08, i am trying to reverse in feb09
system showing the error message period 1 2008 is not open
I have try with all Reversal reasons
but getting same message

Statistical and noted item difference?

Can any one tell me wht is the difference between Statistcal Postiing f-55 and Noted item posting f-57
What activites we capture in stsisticalposting and in noted items

Hi
Noted items are only one sided entries.They don't lead to the two sided postings in the FI.But an statistical items causes two sided postings in FI.Statistical postings are generally used for guarantees given.
Noted items are used in cases such as when down payment request is made to the customers. It is also considered during the dunning process and notices are send accordingly.
Regards
Sandesh.

Bank Guarantee - Noted item

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