| Financial 2013 Letter of Credit |
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Using
the Letter of Credit page you can add the necessary letters of credit
to the system. You can also edit, delete or inquire about previously defined
letters. Also, through this page, you can add the payments and fees related to the letters of
credit.
To view letters of credit previously
defined in the system, use the provided selecting criteria to filter the
retrieved list of letters. If you wish to edit, click on the letter of credit
needed and proceed with making the changes you want by following the
instructions explained in the Adding Letters of Credit. Once you’re done, click 
to save the changes you have
made.
Through
this page, you can specify the coverage details for any letter of credit. To
create a voucher with the coverage amount, use the
provided Letter of Credit Search criteria to filter the retrieved list
of letters. Click on the letter of credit needed and then click 
. Accordingly, the system will automatically take specified coverage
percentage from the coverage account and then place it in the company branch
account. Note that this button appears only for those letters with entered
coverage details
Through
this page, you can specify the advance payment details for any letter of
credit. To create a voucher with the advance payment amount, use the provided Letter of Credit Search criteria to filter
the retrieved list of letters. Click on the letter of credit needed and then
click 
. Accordingly, the system will automatically move the specified
advance payment amount from the Advance Payment Account to the Advance Credit
Account. Note that this button appears only for those letters with entered
advance payment details.
To add the payments of a
specific letter of credit that was previously defined in the system, use the
provided selecting criteria to filter the retrieved list of letters. Click on
the letter of credit needed and then click 
. Note that this button appears to those letters that both do not
have coverage and advance payments; or to those letters with created coverage
and advance payment vouchers already.
To add the fees for a specific letter of credit that was previously defined in the
system, use the provided selecting criteria to filter the retrieved list of letters.
Click on the letter of credit needed and then click 
.
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