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

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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

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 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.

Bank Guarantee and Cash Credit Limits in SAP

Dear SAP Gurus,
How Bank Guarantee or Cash credit limits are maintained in SAP? How to do configuiration of it?
Thanxs
Regards,
Divyesh.

Hi,
Credit limits are set for the Customers depending on the nature of business, their repayment pattern.
This comes under Credit Management which you configure through Credit Control Area and set
credit limits to monitor the customer credit worthiness and ageing analysis. Regarding Bank Guarantee and letter of credits, they are normally for export customers which comes under Risk and Credit Management in Sales & Distribution Basic data. You refer to SAP pdf searching through Google for SAP's SDBFCM pdf file which gives you total scenario regarding setting of credit limits and Bank Guarantee etc.
Regards,
Sadashivan

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

Dear Experts,
Please tell me how do we map functionality of bank guarantee and letter of credit in SAP 8.8
Regards
Agranshu

Hi ,
Check below threads:
Letter of credit management using SAP business one
Re: Letter of Credit management in SAP Business one
Hope this willhelp you.
Thanks,
Neetu

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 against down payment

Hi All,
I want the system should not allow down payment if bank guarantee has not been raise. Request you all to tell me the steps involved in putting this check.
Thanks
Sharad

Sriram,
The quick solution is to add User defined fields and write formatted searches.
But if you want the User defined fields to appear on the same screen as the marketing document and not in an adjacent window and also if you want to automate the calculation seemslessly, you will need to use the SDK tools to code this functionality
Suda

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

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

Contract Performance Bank Guarantee

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