How to configure letter of credit in SAP

hi all,
   how to configure letter of credits (LOC) in sap.
regards
srinivas

Hi,
Letter of Credit / Bank Guarantee are noted items in SAP.  There is no effect in the books of accounts for these items.  You have to create seperate Spl G/L Indicator for LOC and assign the same to normal reconciliation account of Vendors / Customers as per your requirement. For creating this go to 'OBXT' and the necessary configuration.  To create LOC in SAP Easy Access goto F-55 and process the transaction.
Regards
Sarma BH

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  • Can we maintain Letter of credit in sap

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    Regards

    HI,
    Link below may be of use to you.
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