SAP ABAP IMG Activity /SAPSLL/LOC_ART_DEF (Define Letter of Credit Types)
Hierarchy
☛ SLL-LEG (Software Component) SLL-LEG 901: Add-On Installation
   ⤷ SLL-LEG (Application Component) Global Trade Services
     ⤷ /SAPSLL/CORE_LEGAL (Package) Legal Services: Core Functions
IMG Activity
ID /SAPSLL/LOC_ART_DEF Define Letter of Credit Types  
Transaction Code /SAPSLL/48000025   (empty) 
Created on 20050427    
Customizing Attributes /SAPSLL/LOC_ART_DEF   Define Letter of Credit Types 
Customizing Activity /SAPSLL/LOC_ART_DEF   Define Letter of Credit Types 
Document
Document Class SIMG   Hypertext: Object Class - Class to which a document belongs.
Document Name /SAPSLL/LOC_ART_DEF    

Use

In this Customizing activity, you define letter of credit (LOC) types. In the process, you define the following characteristics of the LOC types:

Objects to be Checked
When you define the LOC types, you can select which objects the system checks when it determines the LOC types. You have the following options:

  • Foreign trade organizational unit
  • Business partner
  • Partner function
  • Partner group functions
  • Document number (from feeder system)
  • Term of payment
  • Incoterms

For more information about the individual checkboxes, see the field help.

Update
You can select one of the following options:

  • Value update checkbox plus the basis for this value update, which would normally be the letter of credit value
  • Quantity update (percentage shortfall and percentage exceeded in the value of the LOC).

For more information, see the field help.

Maintainable Objects in the LOC
You can define for each check object how many instances of this object can be maintained in the letter of credit. You have the following options:

  • No instances possible (object is not available for this license type)
  • Exactly one possible instance
  • Any number of instances
  • You can select one of the following options:
  • Value Update (including percentage exceeded and percentage shortfall)
  • Quantity update (including percentage exceeded and percentage shortfall) based on quantity, gross weight, or net weight

Text Control
If you want to maintain texts in the LOC, you must assign a text procedure to the license type under Text Determ.Proc.

Communication
In the Communication area, you define the parameters that the system will use to send e-mail notifications to a user group as soon as an security from the authorities is received electronically in the system. These include:

  • Action profile for securities
  • User group as recipient
  • Sender for e-mail generated by the system

External Identification
If the responsible bank uses a name for the LOC type that differs from the name you maintained, you can maintain this name as the External Identification.

Communication

You can configure settings for receiving letters of credit in electronic communications. This involves configuring the communication parameters for received messages. If you want to use electronic communications, you will have to configure a variety of other settings in Customizing, configure Business Add-Ins, and use custom programs for integration with the communication platform.

For each LOC type, you have to maintain a sequence for the statuses that are already defined for the legal regulation. You can enter the statuses in this sequence (for example, status B occurs after status A). For each status, you can also specify whether the values and quantities or the validity of the statuses are hidden, optional entries, or required entries.

Requirements

Standard settings

Activities

  1. Enter a legal regulation.
  2. Select an LOC type using the input help (for more information, see the field help). Enter a description.
  3. Select a number range interval and specify whether the LOC type is intended for import or export purposes.
  4. Set the Dual Control indicator to ensure that your letters of credit can only be released for use after a second user, who is different from the first user who created it in the system, has checked it.
  5. Select the objects that the system is to check in the customs document when it is determining a letter of credit, including the partner group.
  6. Make the appropriate settings for the system to update the letters of credit in this LOC type.
  7. Select the range of attributes the user can maintain in the LOC master data for each of the objects you selected for the system to check.
  8. Select a text determination procedure.
  9. Define the parameters for e-mail notification of received letters of credit in electronic communications.
  10. If necessary, enter the external name for the letter of credit.
  11. Save your entries.
  12. Now select the license type you just created from the overview table, choose Allowed Statuses from the dialog structure, and assign the statuses you created in the Customizing activity Control Settings for 'Letter of Credit' Processing Service in the appropriate sequence. In addition, you can select the appropriate entry point for the system to determine the status of the letter of credit.
  13. Finally, you can select the field control entries from the dropdown boxes to control the entries the user must make for:
    1. Value
    2. Quantity
    3. Validity
    4. External LOC number

Example

Business Attributes
ASAP Roadmap ID 204   Establish Functions and Processes 
Mandatory / Optional 1   Mandatory activity 
Critical / Non-Critical 1   Critical 
Country-Dependency A   Valid for all countries 
Assigned Application Components
Documentation Object Class Documentation Object Name Current line number Application Component Application Component Name
SIMG /SAPSLL/LOC_ART_DEF 0 /SAPSLL/SLL0000003 Global Trade Services 
Maintenance Objects
Maintenance object type C   Customizing Object 
Assigned objects
Customizing Object Object Type Transaction Code Sub-object Do not Summarize Skip Subset Dialog Box Description for multiple selections
/SAPSLL/VC_T606E C - View cluster SM34  
History
Last changed by/on SAP  20050427 
SAP Release Created in 700