Bank Guarantee Costs (tcgtc0161m000)

Use this session to view and maintain the costs (charges and cost margins) related to the bank guarantee.

Note:

You can access this session only if the Trade Management check box is selected in the Implemented Software Components (tccom0100s000) session.

To define the costs for the bank guarantee, at least one check box must be selected in the Bank Guarantee - Beneficiary and the Bank Guarantee - Applicant sections of the Financial Trade Management Parameters (tcgtc9199m000) session.

Field Information

Bank Guarantee ID

The unique identification number of the bank guarantee.

Version

The version of the bank guarantee for which the costs must be defined.

Sequence

The sequence number of the bank guarantee cost.

Cost Code

The code that indicates the cost for the bank guarantee.

Cost Type

The type of the cost defined for the bank guarantee.

Allowed values

Charge: The costs that must be paid to the guarantor.
Cash Margin: The deposit money that must be paid to guarantor and is returned on the closure or cancellation of the bank guarantee.

Currency

The code of the currency in which the Fixed Amount and the Cost Amount are expressed.

Fixed Amount

The fixed amount of the cost for the bank guarantee.

Percentage

Indicates the percentage of the bank guarantee amount based on which the Cost Amount is calculated.

Period

The period for which the percentage of the bank guarantee amount is calculated.

Cost Amount

The cost amount of the bank guarantee.

Text

If this check box is selected, a text related the costs for the bank guarantee exists.

Exchange Rate Type

The code of the exchange-rate type that must be applied for the bank guarantee currency and the home currencies.

Rate Determiner

Indicates the method to determine the rates between the bank guarantee currency and the home currencies.

Allowed values

Document Date

LN uses the rate that is valid on the date and time on which the documents are created. The Document Date rate determiner applies to all types of transactions. You can manually change the rate.

The rate is updated by Invoicing when the invoice is posted.

Manually Entered

You can manually enter the rate. By default, LN uses the rate that is valid on the date and time on which the documents are created. The Manually Entered rate determiner applies to all types of transactions.

Delivery Date

If the goods are not yet delivered, LN uses the rate that is valid on the order date. However, if this order date is in the past, LN uses the rate that is valid on the current date.

If the goods are delivered, LN uses the rate that is valid on the actual delivery date.

The Delivery Date rate determiner only applies to sales orders, service orders, and sales invoices. You cannot manually change the rate.

Receipt Date

LN uses the rate that is valid on the date and time on which you expect to receive the goods. The Receipt Date rate determiner only applies to purchase orders and purchase invoices. You cannot manually change the rate.

Expected Cash Date

LN uses the rate that is valid on the date and time at which payment of the sales invoice or purchase invoice is expected.

Expected cash date = expected delivery/receipt date + payment period

The payment period is specified in the Payment Terms (tcmcs0113s000) session. The Expected Cash Date rate determiner applies to all types of transactions. You cannot manually change the rate.

The rate is updated by Invoicing when the invoice is posted.

Fixed

You can use this rate determiner only for a dependent currency system or a single currency system. The Fixed rate determiner applies to all types of transactions.

If you manually enter the rates between the transaction currency and the reference currencies, the rate is fixed. If you do not manually enter the rates, the rate is not fixed and LN uses the rate that is valid on the date and time on which the documents are created.

Fixed Hard

You can use this rate determiner only for an independent currency system. The Fixed Hard rate determiner applies to all types of transactions.

If you manually enter the rate between the transaction currency and the reporting currencies, the rates are fixed. The local currency rate is based on the document date of the actual document.

If you do not manually enter the rate between the transaction currency and the reporting currencies, the rates are not fixed and LN uses the rates that are valid on the date and time on which the documents are created.

Fixed Local

You can use this rate determiner only for an independent currency system. The Fixed Local rate determiner applies to all types of transactions.

If you manually enter the rate between the transaction currency and the local currency, the rate is fixed. The other rates are based on the document date of the actual document.

If you do not manually enter the local currency rate, the rate is not fixed and LN uses the rate that is valid on the date and time on which the documents are created.

Fixed Local and Hard

You can use this rate determiner only for an independent currency system. The Fixed Local and Hard rate determiner applies to all types of transactions.

If you manually enter the rate between the transaction currency and the home currencies, the rates are fixed. The local currency rate is based on the document date of the actual document.

If you do not manually enter the rates between the transaction currency and the home currencies, the rates are not fixed and LN uses the rates that are valid on the date and time on which the documents are created.

Rate Date

The date and time when the rate applied for the bank guarantee currency and the home currencies is determined.

Rate / Rate Factor

The rate factor that must be used to convert the currency before the exchange rate is applied to the bank guarantee currency and the home currencies.