How to use FTRTLC05 - Reverse Letter of Credit

SAP Transaction Code - Details

• Transaction Code: FTRTLC05

  Description: Reverse 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: FTRTLC05 - Reverse Letter of Credit

  
  Overview:
  FTRTLC05 is an SAP transaction code used to reverse a letter of credit. It is used to reverse the document created when a letter of credit is issued. This transaction code is part of the Financial Transaction Manager (FTM) module in the SAP system. 
  
  Functionality: 
  The FTRTLC05 transaction code allows users to reverse a letter of credit that has been issued. This includes reversing the document created when the letter of credit was issued, as well as any associated documents such as payment orders and invoices. The reversal process also includes updating the relevant accounts and clearing any open items. 
  
  Step-by-step How to Use: 
  1. Enter the FTRTLC05 transaction code in the SAP system. 
  2. Enter the document number of the letter of credit that needs to be reversed. 
  3. Select the “Reverse” button to initiate the reversal process. 
  4. Confirm that all associated documents, such as payment orders and invoices, are also reversed. 
  5. Update the relevant accounts and clear any open items. 
  6. Confirm that the reversal process has been completed successfully. 
  
  Other Recommendations: 
  It is important to ensure that all associated documents are reversed when using this transaction code, as this will ensure that all relevant accounts are updated correctly and any open items are cleared. Additionally, it is recommended that users check that the reversal process has been completed successfully before exiting the transaction code.