Bank Guarantee transactions

Dear All,
We are entering into Bank Guarantee transactions regularly.
It happens in such a way is that ,
There will be a limit of Bank guarantee with the bankers based on various conditions .
When we enter a bank guarantee with a party, we pay some charges to Bankers .
We want to track the bank guarantees issued to various parties .It is not really a finance transaction but the information needs to be captured to make sure we does not cross limit.
This is normally used in Indian Context.
Is there any workaround in Oracle Financial to generate transactions and generate report?
Thanks
Jogendra

Hi Jogendra
As per my openion there are two alternatives.
1. Do Forms Personalisation in Invoice workbunch. Eg. Rename one Unused field in Invoice workbunch. Enter the Guarantee amount used for that sepecfiic supplier (Bank is created as a Supplier). Create a new report to add the that field for the specific Bank. Take the report and see regulary or when required and see that the whether it is apporching the Limit
2. Create a DFF for with different bank and their details like Guarantee Limit, invoice guarantee used, etc, enter these field while entering the invoice Create a report and compare it.
Regards
Sunil Kumar

Similar Messages

  • 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

  • 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 .

  • 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

  • Bank guarantee and performance bank guarantee

    hi frnds,
    how to create end user transactions for bank guarantee and performance bank guarantee
    i have configured spl gl indicators and gl accounts but i dont know how to create end user transactions  pls let me know
    bye
    suja

    hi phanindra,
    thank u for u r ans.. points were assigned
    let me know the complete process for bank guarantee -- all end user transactions
    with tcode and posting keys used.
    thank u
    ss

  • 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

  • Bank Guarantee - Vendor Side Txn

    For certain Purchase Orders, vendors are required to submit 'bank Guarantee' (for perfomance reasons) from designated banks.
    The requirement is to maintain details of these 'Bank guarantee' received from vendors and track their due date and related bank information. I notice that their is a similar functionality of 'Payment Gaurantee' for the customer facing transaction VX11N, but the same does not exist for vendors.
    On further analsysis of VX11N and its program SAPMV86E, we noticed field 'Vendor' in Screen 0631, 701 and 101 in the screen layout, but for some reasons they are not displayed on screen during runtime.
    Please share your opinions on the above and which of the following could be the best solution:
    1) Create Spl GL indicator of type Bill of Exch, and record the due date for these Gaurantee using this indicator in Bill of Exch transaction.
    2) Identify and activate the Vendor field in VX11N. Possibly, activate the screen exit for this trxn if available.
    3) create custom Abap program
    Many Thanks,
    Prash,
    PS: will be glad to award points for genuine answers.

    Hi,
    BG, Security Deposit & Retention amounts needs to be addressed by the FI Module..
    In F-47 & F-49, there are certain special indicators for
    BG, Security Deposit .. chek with your FI guy..
    I think it may be addressed as Advance...against PO number...
    refer to this link
    http://help.sap.com/saphelp_46c/helpdata/en/2a/30b746b1d511d194f300a0c9306794/frameset.htm
    Regards,
    Archit

  • 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.

  • How Bank Guarantees Are Linked to a Particular Project?

    Dear Gurus,
       If I create a Bank Guarantee for a Customer, I want to know whether I will be able to link the Same Bank Guarantee to a Specific Project...??? If yes how it will be done...??
       Also please help me how Bank Guarantees are posted in SAP.....and what about the Bank Guarantee Charges, service tax, etc ..etc.......???
    Regards,
    Nimish Agarwal
    deleted

    Hi,
    1. Create a Special GL Indicator for Bank Guarantee and use the same in F-49 (customer ) or F-57 (Vendor). -
    transaction Code - FBKP
    2. Make WBS Field as mandatory for Bank Guarantee GL Account (recon account), then system will ask you enter WBS No while saving document in F-49 or F-57.
    Please revert if you need more clarity.
    Regards,
    Ganesh Lokam

  • Tracking of due dates in case of letter of credit and bank guarantee

    Hi
    In case of letter of credit and bank guarantee can a track be kept in sap for bill negotiated and due (means the vendor has claimed payment but payment from us to our bank is not due) ,
    negotiated and due(means our payment is due)
    and bills negotiated and overdue (means payment from our side to our bank is overdue)
    how is it possible plz explain in detail as i have never worked ob LC and BG.
    Thanks in advance.

    Hi
    Thanks for the answer I will try to explain my requirement .
    In case of import and exports Letter of credit and bank guarantee are opened with the bank. There can be amendments also after its creation in terms , amount or validity period. Then it is negotiated and retired.
    An example : A letter of credit is opened on 1st Jan. The goods are shipped on 7th Jan .Credit term given by our bank (in case of import) is 1 month which is counted from the shipment date and it expires on 7th feb. The vendor negotiates the bill on 15th jan.
    The requirement is to get a report of u2018negotiated and dueu2019 and u2018negotiated and overdueu2019category.
    Like from 15th Jan to 7th Feb the bill negotiated by the vendor comes under u2018negotiated and dueu2019 category and after that it comes under u2018negotiated and overdueu2019category.
    List of letter of credits established , negotiated , retired and balance if any.
    Letter of credit wise u2013 Bank charges paid. i.e at the time of opening , amendment , negotiation and retirement.
    Same in case of bank guarantee also.
    Plz explain me how can this be tracked and how to configure this.

  • System Alerts for Bank Guarantees and Letter of Credits

    Hi
    My requirement is to get system alerts when the the Letter of Credit(LOC) or Bank Guarantee (BG) is going to be expired.
    We are using Third Party software for  master data and other information related to  Letter of credit.
    In SAP ,I will  do special GL for LOC and assign to Reconciliation Account as  per standard.
    What is the best practice to get system allert, when ever the date is going to get expired.
    Many Thanks In advance
    Rama

    Hi,
    In case you want to send the last record only, then you can use following qurey
    SELECT TOP 1 * FROM DBO.OVPM T0 WHERE T0.CashSum >= 10000 AND DATEDIFF(DD, T0.CreateDate, GetDate()) = 0 ORDER BY T0.CreateDate DESC
    then in Alert u can set the frequency as 1 minute.
    Hope this helps...
    BR
    Samir Gandhi

  • Bank guarantee and Letter of Credit

    How does one include Bank guarantee in SAP SD credit check.
    What is the difference between bank guarantee and letter or credit?

    Dear Ravi
    To my knowledge, Bank Guarantee is used only in Imports whereas, L/C is used in both (exports and imports) scenarios.  In both the cases, bank stand guarantee for payment to seller.
    thanks
    G. Lakshmipathi

  • Vendor Bank Guarantee Process

    Dear Support,
    We have made a Vendor Bank Guarantee with spl G/L indicator. Ran FBL1N to see the list of bank Guarantess for a particular vendor where the due date i.e. expiry date of bank Guarantee is also displayed.
    Now at the time of MIRO/Advance Payment client wants to capture this expiry date. If the BG date is expired the Payment will be blocked.
    Also can the system throw message before 2-3 weeks of expiry of BG that a vendor BG is coming to expire.
    Please help me if someone has worked on it. If the help of an ABAPer is required to meet my goal please suggest.
    Regards
    Mukesh Kumar

    Dear Support,
    We have made a Vendor Bank Guarantee with spl G/L indicator. Ran FBL1N to see the list of bank Guarantess for a particular vendor where the due date i.e. expiry date of bank Guarantee is also displayed.
    Now at the time of MIRO/Advance Payment client wants to capture this expiry date. If the BG date is expired the Payment will be blocked.
    Also can the system throw message before 2-3 weeks of expiry of BG that a vendor BG is coming to expire.
    Please help me if someone has worked on it. If the help of an ABAPer is required to meet my goal please suggest.
    Regards
    Mukesh Kumar

  • Bank Guarantee & Letter of Credit Functionality

    Hi,
    Do you idea about in which Oracle Module Bank Guarantee & Letter of Credit Functionality is Covered?
    Is it covered under Oracle Treasury?
    Thanks,
    Datta

    Hi,
    anyone has the answer to this question?
    Thanks.

Maybe you are looking for

  • FM for getting Classification against Customer and Material

    hi friends.. Is there any FM for getting Classification against Customer and Material. transaction VCH3. (strategy SD03) regards

  • Control Access in Message Monitoring

    Can I control access to payload within PI-Message-Monitoring? The topic has been discussed already:  How to Control Access To Payload By using the "S_XMB_MONI-authorization-object" I can protect access to payload for certain messages, regardless of v

  • Multiple Ipods sharing Itunes

    Hello all - Maybe someone can help with this one - I've got multiple ipods all sharing the same itunes - Once I have all the songs selected for one of the Ipods, is there a way I can save that? I'd like to have one devoted to 3 or 4 genres - and the

  • HT4847 Can't delete from iCloud!

    I don't seem to be able to delete documents from iCloud.  Tried it on 2 different devices (Mac Mini and iPhone), press Delete, or Delete all and everything seems to be deleted, check again in 5 minutes and everythign is still there.

  • Slides don't play for correct number of seconds

    I am having a problem getting iPhoto to play individual slides for the correct number of seconds I have selected in the settings window. Any ideas?