How to use FTRTLC01 - Create Letter of Credit

SAP Transaction Code - Details

• Transaction Code: FTRTLC01

  Description: Create Letter of Credit

  Release: S/4HANA and ECC 6

• • Program: RFTR_TLC_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: FTRTLC01 - Create Letter of Credit

  
  Overview:
  FTRTLC01 is a SAP transaction code used to create a letter of credit. A letter of credit is a document issued by a bank that guarantees payment to the seller of goods or services if the buyer fails to pay. It is a form of payment security that is often used in international trade. 
  
  Functionality: 
  The FTRTLC01 transaction code allows users to create letters of credit in SAP. This includes entering the details of the buyer and seller, the terms of the transaction, and any other relevant information. The letter of credit can then be printed or sent electronically to the relevant parties. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FTRTLC01 into the command field. 
  2. Enter the details of the buyer and seller, including name, address, and contact information. 
  3. Enter the terms of the transaction, such as payment terms, delivery date, and any other relevant information. 
  4. Review and confirm all details are correct before saving or printing the letter of credit. 
  
  Other Recommendations: 
  It is important to ensure that all details entered into the letter of credit are accurate and up-to-date before sending it out. It is also recommended that users familiarize themselves with any applicable laws or regulations related to letters of credit before using this transaction code.