ERP module for LC management

ERP for L.C Management

ERP Modules

Add-On Modules

Industry Solutions

LC or Letter of Credit plays an important role in business activities. LC management includes various processes. ERP software for LC management module automates all the procedures of LC easily & orders are created for products and services. Different types of LC depending on client’s proposal are managed for both import and export depending on their business. Creation of LC documents from invoices for given period.

ERP import module records all the imported budget of goods and commodities & follows up its execution. Currency conversion is easily completed by LC management module. Calculating and distributing of LC’s expenses on the items. Electronic and digital signatures can be added with the help of ERP for LC management. Export LC and its relevant document generation is also a feature in LC management module.

Tracking documentation and financial information efficiently and accurately of LCs are the vital business processes.

Letter Of Credit Mgmt For Sales

LC document entry having all details and linking facility of LC with Sales Order / Purchase Order

Auto allocation of sales / Purchase amounts in LC for listing of pending or allocated Amount of LC

Creation of LC document from invoices for given period

Auto bank vouchers having calculated interest amount and bank charges

Auto Reversal of bank vouchers by JVs at the time of clearing the LC

Letter Of Credit Mgmt For Purchase

Purchase Document confirmation for LC

Payment Confirmation against discounting document

Forex fluctuation capturing

Single or Multiple accounting entries against single discounting document

Multiple Buyers Credit linked with single discounting document