Letters of Credit (LC) System
Record & follow up of the item’s imported budget and the detailed information of the credit, invoices and all item’s expenses with recalculation for them after distributing all different expenses, taxes and adding the inventory transactions, also extracting a report of the detailed & summary information of the credit’s cost.
- Recording of the imported budget of items & follow up of its execution.
- Following up & recording of the letters of credit and their details.
- Following up & recording of the letters of credit’s invoices with all its expenses including all types of taxes.
- Calculating & distributing of the letters of credit’s expenses on the items and recalculating cost prices by posting it with inventory receipt transactions.
- Extracting a report of the letters of credit’s cost in the local currency.