Creating a Customer Letter of Credit

To create a letter of credit (LCR) for a customer, perform the following actions on the Customer Letters of Credit form:

  1. Create a new record (Actions > New).
  2. Select a customer number.
  3. Enter the LCR number.
  4. Select the Status, Date Issued, and Expiration Date.
  5. Select the Currency type.
  6. Enter a Confirmation number, if necessary.
  7. Select one or more of these conditions for the LCR:
    • Confirmed
    • Revolving
    • Transferable
    • Revocable
  8. Enter the LCR Amount.
  9. Enter the Bank name.
  10. Enter the bank address.
  11. To save the LCR, select Actions > Save.
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