Documentary payments - letter of credit
processing - documentary credits
As of release 4.0, SAP supports processing of export business
transactions with documentary terms of payment in the SD area using
letters of credit.
Scope of functionality:
- Administration of financial documents in a specific master
- Creation of a financial document without reference to an SD
- Assignment of a financial document to one or more SD
- Checking the validity of a financial document for one or more
- Updating the goods value delivered against the financial
document using Credit Management and LIS
- Blocking an SD document if a financial document is required but
has not yet been assigned
See also the Development News for 'Documentary payments' and the
release note for 'Risk management'