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:

Create a new record (Actions > New).
Select a customer number.
Enter the LCR number.
Select the Status, Date Issued, and Expiration Date.
Select the Currency type.
Enter a Confirmation number, if necessary.
Select one or more of these conditions for the LCR:
- Confirmed
- Revolving
- Transferable
- Revocable
Enter the LCR Amount.
Enter the Bank name.
Enter the bank address.
To save the LCR, select Actions > Save.