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

Similar Messages

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 in Vendor Master

Hi,
I am having one scenarion for Vendor. I have to maintain Bank Guarantee for Vendor.
Where i have to maintain the Bank Guarantee.
Sangram

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

P.O NO. WHILD DOING VENDOR BANK GUARANTEE STATISTICAL POSTING F-55

HI,
1. We are using tcode F-55 for bank guarantee received from vendor & using F-56 for reversing the statistical posting on due date.
In this Client want to enter Purchase Order number also. How we will get the Purchase document number fiend in tcode F-55.
2. We are using tcode F-38 for bank guarantee received from customer & using F-19 for reversing the statistical posting on due date.
In this Client wants to call Sales Order Order number also. How we will get the Purchase document number fiend in tcode F-38.
Please help to solve this issue.
Thanks
Christopher.J

Dear Sir
The other problem is since this is a project based company and they want keep tract on customer PO and then settle, with F-49, I am not able to see the WBS elements or Profit Center though I have marked in the field status group of OBC4 and posting key FSG (ie) PK09 and PK19.
Regards,
JEERI

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.

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 posting problem

Dear All
I am trying to post a bank guarantee with F-49 and F-57 and also I made relevant settings with FBKP.
The Error is
Customer guarantee
Do not use a special GL indicator for down payments
Message no. F5762
Vendor Guarantee
Enter a statistical special GL indicator
Message no. F5252
Help needed.
Regards
JEERI

Dear Sir
The other problem is since this is a project based company and they want keep tract on customer PO and then settle, with F-49, I am not able to see the WBS elements or Profit Center though I have marked in the field status group of OBC4 and posting key FSG (ie) PK09 and PK19.
Regards,
JEERI

Bank guarantee with MIRO

Hi All,
We have made a Vendor Bank Guarantee through F-57 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.
Thanks and regards,
Suman

Hi! I am also having similar need. Can you help how the same (alert message before expiry of BG) was configured.
<a href="http://www.youtubetomp3.name/">youtube to mp3</a>, <a href="http://www.utorrent.name/">utorrent</a>Hi!

Contract Performance Bank Guarantee

Dear readers,
With respect to the P.O given to the vendor, vendor will provide CPBG.
can any one say where to enter these details of bank guarantee. so that at the time of invoice we can check whether vendor has bank guarantee r not..
regards,
Manu

In our project there is a scenario that after giving PO to vendor thay submit a Bank Guarantee on the basis of BG co releases payment like Advance payment. This BG has a period. If the period is over the FINANCE manually checks for the date and blocks payment to vendor.
I want to incorporate the total scenario in PS. PO will be raised and there one can distinguish that the PO is with a BG or not. If the PO is with a BG system will give an alarm that the BG period is coming to expire before the expiry date. Or otherwise we can generate a report which will show PO No with description and also with description of BG and expiry date. Lastly during payment i.e MIRO sytem will automatically calculate the BG period and automatically block payment if the expiry date is over.
Though this a scenario from FI but if somebody has worked in it plz throw some light.
Thanks and regds,
Suman Misra

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

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

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

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.

Export functionality from Vendor Side.

Hi Folks,
How do you configure the vendor system so they can export RFX's and complete them offline.
I understood this functionality is available in the latest version of SAP 7.0 - but It currently isn't displayed on the vendor side.
Many thanks,
Leon

Leon,
As mentioned, this functionality provides the user an option to complete the questions / line items information etc. offline and then upload it to the E-Sourcing system.
For that error message, you would need to check with your E-Sourcing Admin team to see if the Supplier portal side server and apps are up and running or not. If you still cannot get help, it would be best to raise an OSS message with SAP and have them take a look on the issue.
Hope this helps,
Vikram Shukla

Bank Guarantee - Vendor Side Txn

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