How to use FTRTLC04 - Settle Letter of Credit

SAP Transaction Code - Details

• Transaction Code: FTRTLC04

  Description: Settle 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: FTRTLC04 - Settle Letter of Credit

  
  Overview: 
  FTRTLC04 is an SAP transaction code used to settle a letter of credit. It is used to process the payment of a letter of credit and to update the relevant documents in the system. 
  
  Functionality: 
  The FTRTLC04 transaction code allows users to settle a letter of credit by entering the relevant details such as the document number, payment amount, and payment date. The system then updates the relevant documents in the system and records the payment. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FTRTLC04 in the command field. 
  2. Enter the document number of the letter of credit that needs to be settled. 
  3. Enter the payment amount and payment date. 
  4. Confirm the details entered and click “Execute”. 
  5. The system will update the relevant documents in the system and record the payment. 
  
  Other Recommendations: 
  It is recommended that users double-check all details entered before executing this transaction code, as any mistakes may lead to incorrect payments or incorrect updates in the system. Additionally, users should ensure that they have sufficient authorization to execute this transaction code before proceeding.