tcgtc domains

When the intermediary country also requires a license for the item which is shipped between countries. A relation must be established between the two licenses. When an item is added/modified/removed from a parent license, Infor LN checks if the item must be added/modified/removed from the child license as well. Infor LN allows you to link all, or a subset of the parent license items to the child license.

For a child license, Infor LN allows you to define components of the item (with subject to trade compliance) that is linked to the parent license.

The costs that must be paid to the guarantor.

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

The initial status of the letter of credit (L/C).

The letter of credit (L/C) procedure is completed.

The letter of credit (L/C) is no longer used. Users can set the letter of credit to Canceled at any stage in the procedure.

The documents linked to the letter of credit (L/C) can be approved, or, in case of contract deliverables, to be activated and document compliance checks can be performed for the letter of credit.

Applicable for import or domestic purchase letters of credit (L/C). The buyer has sent the request to open a letter of credit to the issuing bank.

For import or domestic purchase letters of credit (L/C), this status indicates that the letter of credit is received from the issuing bank.

For export or domestic sales letters of credit, this status indicates that the seller agrees with the contents of the letter of credit received from the advising bank.

For import or domestic purchase letters of credit (L/C), this status indicates that the issuing bank has issued the letter of credit to the advising bank.

Applicable for export or domestic sales letters of credit (L/C). The letter of credit (L/C) received from the buyer requires amendment.

Applicable for export or domestic sales letters of credit (L/C). The letter of credit (L/C) is acceptable for the seller.

Applicable for export or domestic sales letters of credit (L/C). The required documents are presented to the advising or confirming bank and the goods are sent.

The amount stated in the letters of credit (L/C) is paid.

The compliance check is performed for all Embargo and / or Boycotts that exist within the range of the defined Run process. For each Embargo and / or Boycott in the range that is ‘Active’ the compliance check is performed for all objects that are valid for that Embargo and / or Boycott. Only a Run Result is written when the outcome of the compliance check is a failure and the object is not yet blocked.

For example, the Sales Order Lines in combination with Embargoes. If the Order Line matches with the Embargo Line (the Ship-from Country and Ship-To Country match and the date is effective, and the order line is not cancelled, not blocked and not yet shipped), then the compliance check is done for this line. When the outcome is a failure a Run result is written. Next to that a check result is written and the line is blocked when not simulating. When the outcome is a success, only a check result is written. Success check results are not removed when the embargo and / or boycott is not active anymore because these are not part of the range that is processed.

The existing Failure Compliance Check Results that meet the Run definition range are rechecked. In case the block is not valid anymore Run Result is logged with action Released.

The ‘Unblock’ scenario is performed first and then the ‘Block’ scenario is performed.

The document compliance check is to be performed.

The document compliance check is successful, but pending approval.

The document compliance check failed, correction and new validation is required.

The document compliance check is successful, or failed but overruled by an authorized user.

Document compliance checks are not required.