Hi all, can anybody guide me for the below postings of Letter of Credit of purchaser. I searched the forum already but found nothing related to LC. I am new to manager software, appreciate your simple and effective solution. Thank you a lot.
- Opening a letter of credit with 10% margin
- On receiving goods
- Payment to seller by bank (loan) on receiving advice
- On repayment to bank (loan settlement) after 30 to 90 days with interest of 10%