How to use FTRTBG06 - Terminate Bank Guarantee

SAP Transaction Code - Details

• Transaction Code: FTRTBG06

  Description: Terminate Bank Guarantee

  Release: S/4HANA and ECC 6

• • Program: RFTR_TBG_START

    Screen: 1000

    Authorization Object:

  • Development Package: FTR_TRADE_FINANCE

    Package Description: Treasury: Trade Finance

    Parent Package: FS_TRM

  • Module/Component: FIN-FSCM-TRM-TM-TF

    Description: Trade Finance

Smart SAP Assistant

• SAP Tcode: FTRTBG06 - Terminate Bank Guarantee

  
  Overview: 
  FTRTBG06 is an SAP transaction code used to terminate bank guarantees. It is used to close out a bank guarantee that has been issued by a bank on behalf of a customer. This transaction code is part of the Financial Accounting (FI) module and is available within the standard SAP system. 
  
  Functionality: 
  The FTRTBG06 transaction code allows users to terminate a bank guarantee that has been issued by a bank on behalf of a customer. This transaction code can be used to close out the bank guarantee and release the funds that were held in reserve for the guarantee. The transaction code also allows users to view the details of the bank guarantee, such as the amount, date, and expiration date. 
  
  Step-by-step How to Use: 
  1. Enter the FTRTBG06 transaction code in the SAP command field. 
  2. Enter the bank guarantee number in the Bank Guarantee Number field. 
  3. Enter the termination date in the Termination Date field. 
  4. Enter any additional information in the Additional Information field, if necessary. 
  5. Click “Execute” to terminate the bank guarantee and release the funds held in reserve for it. 
  
  Other Recommendations: 
  It is recommended that users review all details of the bank guarantee before terminating it with this transaction code, as it cannot be reversed once it has been terminated. Additionally, users should ensure that all necessary documents are available before terminating a bank guarantee, as they may be required for future reference or audit purposes.