Financial Accounting V1

PHOENIX FINANCIAL ACCOUNTING

Financial Accounting - Sep 2010

Venkata Narayana Raju

1

Financial Accounting

Venkata Narayana Raju2

/

• Organizational Structure• General Ledger Accounting• Accounts Payable• Accounts Receivable • Bank Accounting• Asset Accounting• FI Integration with other modules



Company Code and Chart of Accounts

Client : A commercially, organizationally, and technically self-contained unit within an SAP System. Clients have their own master records and set of tables. The

definition of he client organizational unit is obligatory.

Company Code : The company code is an organizational unit used in accounting. It is used to structure the business organization from a financial accounting perspective. The company code represents a legal entity for financial reporting purposes. This means that in all the financial transactions and master data definitions the company code must be identified.

Chart of Accounts : A chart of accounts is a complete list of all general ledger (GL) accounts. It provides a framework for the recording of values, in order to ensure an orderly rendering of accounting data. In SKA two chart of accounts will be used to be able to fulfill the group reporting obligations

• Operational Chart of Accounts

• Group Chart Of Accounts



Company Code and Chart of Accounts

ME01

KSA1Company code

Chart of accounts

ClientSchneider electric



Company Code and Credit Control AreaCredit Control Area : Credit control area is an organizational unit that represents the area

where customer credit is awarded and monitored. One credit control area contains credit control information for each customer. Credit management takes place in the credit control area. We can have many to one relationship between credit control area and company code, For KSA credit control area is KSA1.

KSA1

KSA1

Sales org

Credit control Area

Company code

Sales Organization


Asset Accounting company code


6

Chart of accountsKSA1

Chart of DepreciationKSA1

Financial Accounting Company Code KSA1

+

Data for Asset Accounting

Asset Accounting Company Code

==


Financial accounting organizational structure


7

Schneider Group

Chart of accounts ME01 Chart of Dep. KSA1

Credit Control Area KSA1

Company Code (KSA1)

Financial Accounting General Ledger Accounting


General Ledger Process Overview

• Master data

• Transaction data

• Account analysis & Reconciliation

• Periodic processing

• Reporting


Master Data

Account Groups Maintenance

• Creation at 2 Levels• Chart of Accounts Data• Company Code Data

• Change• Block• Delete

Cost Elements• Creation


Account Groups

Cash & Bank 10100000 10299999

Stock Accounts 14000000 14999999

Current Assets & Receivables 12000000 13999999

Fixed Assets 16000000 16999999

Revenue 40000000 49999999

Expenses 50000000 59999999

Liability and Equity 21000000 35999999

General Ledger Accounts 0 99999999

Financial Accounting GL Master Data

• Chart of Accounts • Account group

• PL / BS Item

• Long and short description

• Group Account number

• Company Code• Account Currency

• Field status group

• Line item management

• Open item management

• Sort key


Blocking of GL accounts

• G/L Accounts are blocked at two levels• Chart of Accounts level

• Company Code level

• In Chart of accounts you block• A master from creating in the Company Code

• An account for posting

• In Company Code you block• An account for posting

Financial Accounting Cost elements of chart of accounts

9

ControllingControlling

Revenue elements

1 2 3

Assets

4

Liabilities Equity

Financial AccountingFinancial Accounting

Expenseaccounts

8

Revenue

1 Currentfinancialassetsandshort-termcapital

2 Non-opera-tingcosts,revenue

3 Materialinventory

Chart of Accounts – KSA1

Primarycostelements

Secondarycost elements

4 8


Transaction Processing

SAP R/3 supports the following ttransactions:

• Journal (JV) Processing

• Foreign Currency documents

• Parked documents

• Posting with Reference

• Reversing / Canceling documents


Create G/Laccount posting

Create G/L PostingFast Entry

Simulate(Enough Info

to Complete Posting?)

No

Posted Entry

Post ManualJournal

Create/Display a ParkedDocument

Post/Release aParked Document

Yes

Holding an incompletedocument

Document posting


Account Analysis

• Display account balance

• Display line items

• Account analysis

• Clearing accounts


Account balance and line items

Without line item management

With line item management

Financial Accounting Open item transactions

1 2

3

The balance of an open item managed accounts are the reconciliation items.

You can only clear open items for accounts that are open item managed.


Closing in operations in GL

SAP R/3 supports the following transactions: • Open and close periods

• Clear open items, both manually and automatically

• Create, maintain and process accrual/deferral transactions

• Recurring Entries

• Enter Exchange rates

• Revalue balances in foreign currencies

• Reconciliation of documents with monthly debits & credits

• GL,AR and AP balance carry forward for any discrepancies in opening balances transferred.

• GR/IR clearing


Financial Reporting

• SAP system offers number of reports that help analyzing entered business transactions:• Financial Statement Version (Balance Sheet and P&L)• Account Balances• Line Items• Documents• Master Data

• Report can be:• Printed out directly to the printer,• Saved as a local file (txt format, Excel file etc.)• Sent by e-mail


Financial Statement Version

• Financial Statement Versions are set up to represent the balance sheet and P+L statement according to your own specific requirements Can be created for different legal entities Can be created in different Languages Are executed in desired currency i.e. Local, Group

• Using the Financial Statement you specify Line items to be included in the Financial Statement Sequence the line items are displayed The COA and the accounts that are displayed in the Financial

Statement The totals that are presented on the Financial Statement


SAP FI Accounts Payable


AP Process Overview Sub Processes

• Master Data• Invoice Processing• Payments / Disbursements• Account Analysis / Reconciliation• Periodic Processing• GR/IR Clearing• Reporting


Master Data General data• Address

• Control data

• Payment Transactions

Company Code data• Account Management

• Payment Transactions

• Correspondence

Purchasing Organization• Purchasing Data

• Partner functions

Client4000

CompanyCode KSA1

Purchasing Organization:

VendorMasterVendorMaster


Vendor Account Group

• Local Vendors

• Group Vendors

• Foreign Vendors

• Employee Vendors

• One Time Vendor Group

• Local Vendors

• Group Vendors

• Foreign Vendors

• Employee Vendors

• One Time Vendor Group


Blocking Vendor Account

• Blocked for posting• Company code

• Blocked Centrally

• Purchase organization level

• Marked for Deletion: Inactive vendors can be marked for deletion and can be archived latter.


One time vendor account

• We use One-time Vendor Master Record to avoid large number of unnecessary master data

• Every time we enter a business transaction, the systems stores the specific Master Data information separately in the document

Financial Accounting Posting Non PO Vendor Invoice

OR

DocumentSimulation


RM Inventory GR/IR Acc. Payable

Bank1. Goods received.

2. Invoice received.

3. Vendor paid.

1. 3. 2.2. 1.

3.

Invoice with PO reference

Financial Accounting Vendor Down Payment

• Special GL Transactions allow the user to post the values to an alternative GL account instead of “normal” Vendor reconciliation account.

• We can still access and clear down payment while clearing the vendor account.

• Down payments are represented in system by down payment indicator, For KSA we have indicator ‘K’ for all supplier down payment and ‘E’ for employee vendor down payment


Foreign Currency posting and valuation

• For every Company Code there’s defined a company code currency,

• Every document, posted in different currency than CC currency, is processed as a foreign currency document.

Vendor Invoice 100 USD @ 1 USD = 3.5 SAR (Amount in SAR 3500)

Foreign currency valuation during month end 1 USD = 3.73 SAR (Amt in SAR 3730)

Vendor Invoice 100 USD @ 1 USD = 3.5 SAR (Amount in SAR 3500)

Foreign currency valuation during month end 1 USD = 3.73 SAR (Amt in SAR 3730)

Valuation loss/Gain Dr/Cr 230

To Balance Sheet Adj.account Dr/Cr 230

Valuation loss/Gain Dr/Cr 230

To Balance Sheet Adj.account Dr/Cr 230

• At balance sheet key date Valuation gain or loss is posted and reversed after the key date.

• Actual forgiven currency gain is posted at the time of vendor payment.

• At balance sheet key date Valuation gain or loss is posted and reversed after the key date.

• Actual forgiven currency gain is posted at the time of vendor payment.


Planned delivery cost• Planned delivery costs are entered at item level in the purchase order.

E.g. Fright Costs• Delivery costs can be invoiced in the following ways:

• Fixed amount, independent of scope of supply • Quantity-dependent amount • Percentage of value of goods to be delivered


Credit Memo

• You usually receive a credit memo from a vendor if you were overcharged.

• A credit memo can be entered with reference to a purchase order or a goods receipt.

• If you enter a credit memo for a purchase order item because the vendor has invoiced you at too high a price, you must post the credit memo as a subsequent debit/credit. The total quantity invoiced for the purchase order item remains the same; the total value invoiced is reduced.


Goods Receipt: 50 pcs

Purchase order 123

100 pcs 10 INR/pc 80 pcs 800 INR 30 pcs 300 INR

Credit Memo

Purchase order 123

100 pcs 10 INR/pc 50 pcs 800 INR 50 pcs 300 INR

Subsequent Credit


Outgoing Payment/Vendor Payments

• Manual Payment

• Automatic Payment run


This transaction is being used to post vendor outgoing payments that have not been cleared by the automatic payment program,

All data on one screen, no posting keys required.

Open items

Manual Payment


Create Pay. Run &maintain

Parameters

ProposalList

Edit Proposal

Proposal

Approval

SchedulePayment

Print PaymentMedium

ScheduleProposal

AutomaticPayment Run

Post OutgoingPayment With

Printout

Checks /TransferApproval

Send transfersto Banks and/or

checks toVendors

No

Invoices, CreditMemos,PaymentRequests

Yes

Automatic payment Overview


Maintain Parameters

Schedule Proposal

Edit Proposal

Schedule Payments

Schedule Printing

Parameters are entered

Payment proposals are created

Payment proposals are edited

Payment run is carried out

Payment program steps

Print cheques or bank transfer forms


Post payments to

general ledger

Clear paid openitems

Post related postingsfor discounts

Post related postingsfor exchange rate

differences

Supply print programwith necessary data

Payment Run

Payment Run

Financial Accounting Account Analysis and Reconciliation

• Account balance & line item display

• Account Clearing


Account balance displays totals of transactions, per month as well as cumulative values

The report may be printed or saved as a local file

Account Balance Display


“Line items” report displays particular transactions, It it possible to change the documents directly from this screen, The report may be printed or saved as a local file

Line item Display


January1 2 3 4 5 6 7

8 9 10111213141617181920212223242526272829293031

Open item account

2,000 5,000

Can be cleared

February1 2 3 4 5 6 7

8 9 10111213141617181920212223242526272829293031

2 1

Clearing an account

Post with clearing

3

3,000

Goods receiptInvoice

Open Item Clearing


Clearing account

1 1000 1000 2

?

1 Invoice 10002 Credit memo 1000

Manual Clearing


Accounts

xxxxxx--------------------

--------------------

xxxxxx--------------------

--------------------

xxxxxx--------------------

--------------------

xxxxxx--------------------

--------------------

Automatic clearing program

Ref no. Amount

5000 -7000 -

12000 +

52875287

5287

Recon acc. 160000

Ref no. Amount

2500 -

2500+

425

425

Clearing document

Clearing document

Ref no. Amount

1500 -

3200 -4700 +

1697816978

16978

Recon acc. 160100

Ref no. Amount

7500 -

7500+

9624

9624

Clearing document

Clearing document


• The system carries out the following checks for each invoice item:• Quantity variance

• Price variance

• Purchase order price Quantity

• Date variance

Quantity

PriceGoods Receipt

Vendor Invoice

Purchase order price quantity

Date

Invoice Variances AP-MM Integration


100 pcs

@ 10.00 USD

Purchase order

Goods Receipt

50 pcs

80 pcs

@ 10.00 USD

Invoice

Goods Receipt

30 pcs

The GR/IR clearing account is cleared for a purchase order item when the delivered quantity and the invoice quantity are the same.

In this example the invoice quantity is greater than the delivered quantity, the system expects another goods receipt.

Quantity variance


10001000

Goods in Transit A/CInvoice in Transit A/C

10001000

GR/IR Clearing

GR/IR Debit BalanceGR/IR Debit Balance GR/IR Credit BalanceGR/IR Credit Balance

GR/IR holds values for goods in transit or invoice in transit During moth end GR/IR balance should be transfer to Invoice in transit or goods in transit accountDebit balance in GR/IR account indicate Invoice received but not goods and credit balance in account indicate goods received but not invoice.

GR/IR holds values for goods in transit or invoice in transit During moth end GR/IR balance should be transfer to Invoice in transit or goods in transit accountDebit balance in GR/IR account indicate Invoice received but not goods and credit balance in account indicate goods received but not invoice.


Reporting

• Standard Reports• Open Items List

• Cleared Items List

• Account List

• Account Balance List

• Vendor Evaluations


SAP FI Accounts Receivable


AR Overview

• Master data

• Credit management

• Invoice processing

• Cash receipts

• Account Analysis\Reconciliation

• Periodic processing

• Reporting


CustomerMaster

• General data• Address• Control data• Contact persons

• Company Code data• Account Management• Payment Transactions• Correspondence

• Sales Area data• Sales• Shipping• Billing document• Partner functions

Client400

CompanyCode KSA1 A Ltd

Sales Organization

Master Data


Customer Account Groups

•Local Customers

•Group Customers

•One time customers

•Local Customers

•Group Customers

•One time customers


Credit Management

• Credit Management can minimize the credit risk by defining specific credit limits for your customers

• You can specify your own automatic credit checks based on a variety of criteria

• You can also specify at which critical points in the sales and distribution cycle (for example, order entry, delivery, goods issue) the system carries out these checks


Credit Limit: Credit limits are fixed for customers in credit control area.

Credit Exposure: • Open orders

• Open deliveries

• Open billing documents

• Open items (accounts receivable)


Invoice processing in SD


DocumentSimulation

After entering the document it is possible:• To post it immediately• To “park” the document• To hold the document

Invoice processing in FI


Terms of Payment • 0001 - Payable immediately

• ZB30 - Within 30 days due net

• ZB60 - With in 60 days due net

• ZB90 - With in 90 days due net


59

Terms of payment are arrangements made with a Customer governing financial settlement with respect to goods supplied and services performed, e.g. cash on delivery, payment within 30 days.

Within payment terms, cash discounts and periods allowed for payment are defined.


Special GL Transactions: Definition

• Special GL Transactions allow the user to post the document to an alternative GL account instead of “normal” Customer’s reconciliation account,

• They are defined in Customizing for Customers and Customers reconciliation accounts.

Customers’ reconciliation

accounts

Accounts defined for Special GL

Transactions

Special GL Indicator


Posting down payment

Customer A/C Bank A/C

GL Down payment A/C

(A) 100 100

100

• The Customer pays A Ltd a down-payment: $100

• The down payment is booked on Customer’s account with Special GL indicator

• The amount of $100 is shown on Customer’s account, but on different GL Account, instead of Customer’s reconciliation account


Posting in Foreign Currency

Local currency - Functional currency of the company code

Document currency - Currency of the document

• For every Company Code there’s defined a company code currency, i.e., SAR for KSA.

• Every document, posted in different currency than company code currency, is processed as a foreign currency document.

• Accounting documents can be posted in a foreign currency• The foreign currency is converted to local currency and both are stored in the

document along with the exchange rate


Cash receipts and payments

• Incoming payment

• Clear Customer Account


Account analysis and reconciliation

Business Transactions included in Process:

• Display Customer’s account balance and line items

• Clear outstanding items on Customer’s

• Post Customer’s documents with clearing

• Perform automatically clearing procedures

• Reverse documents


Periodic activates

Customer open item statement

Customer open item list is printed form SAP with list of all customer open items on key date, items due by key date.


Reporting in AR

SAP system offers number of reports that help analyzing entered business transactions:

• Open Items List

• Cleared Items List

• Customer account balance

• Account Balance List

Customised Reports:• DSO

Report can be:• Printed out directly to the printer,• Saved as a local file (txt format, Excel file etc.)• Sent by e-mail


Bank Accounting


Bank Accounting Overview

• Bank Master data

• Payment processing

• Bank Statement

• Cash Journal

• Cash Journal Posting & Reporting


Bank Master DataThere are two main factors to be considered while managing bank accounts in SAP system:

• House banks • Bank accounts

House Bank: For every company code we need to define its house bank. These are an equivalent of the “real” banks that the company operates with.

• BNP Paribas• Societe generale• Banque Saudi Fransi

• Saudi Brithish Bank

For every house bank there are defined one (or more) bank accounts -these are simply our bank accounts per house bank.

• Banque Saudi Fransi SAR Account• Banque Saudi Fransi USD Account• Banque Saudi Fransi EUR Account


The bank account data contains:• Account number at bank• GL account which reflects posting• Account currency

For each bank account, a G/L account must be created. This G/L account is assigned to the bank account and vice versa. Both accounts have to have the same account currency


House bank

Bank Account in the SAP system

Account number

Account ID

Bank GL accounts - master data

Account ID

Bank Account number at the house bank


Country Bank Key

Address data

Swift code…

Client Level

Bank Master records in the bank directory

Country Bank Key

Address data

GL Account

Client Level

Bank details in customer / vendor master records


Payment Processing

Check: The check lots for KSA will be defined in the system by check number ranges so that the checks written to the third parties will be traced and cheques will be printed on pre-printed stationary.

Bank Transfer: Once payment proposal is created based on priority

payment will be released from the bank and payment orders are posted. Payment transfer forms can be printed from system and submitted to bank.


Bank TransactionsRespective Bank account will be debited or credit at the time of payment and receipt of payment.

At Payment:

Vendor Account Dr

To Bank Account Cr

At Receipt of payment:

Bank Account Dr

Customer Account Cr


Bank Statement upload

On periodic basis bank reconciliation is performed and necessary entries are passed to update the bank ledger.


Cash Journal

The cash journal supports posting of cash receipts and payments. You can:• Have a separate cash journal for each currency

• Post to customer, vendor and general ledger accounts

• Use business transactions (instead of usually required postings keys & accounts) to post the data, Define your own business transactions.


Cash Journal posting and Reporting

• Switch to the relevant transaction type:Cash receipts

Cash payments

• Enter all required data in transaction Amount

Account (Vendor, Customer, Bank and others)

• Save or Post your transaction

• Print cash journal document


Asset Accounting


Asset Accounting Overview

• Asset Accounting Sub-Ledger

• Asset Class

• Chart of Depreciation

• Master Data

• Acquisitions

• Retirements

• Depreciation

• Transfers

• Period end closing

• Reporting


Asset Accounting is a subsidiary ledger of Financial Accounting. The appropriate General Ledger accounts are updated each time you post.

Asset accounting as sub-ledger

Asset accountAsset account VendorVendor

Assets LiabilitiesAssets Liabilities

General LedgerGeneral Ledger

1000 1000

1000 1000


Asset Class

Asset Classes are used to:• Sub-classify general Ledger account

• Group Assets based on needs of business

• Number Ranges of Asset Classes

• The assignment of default values when creating assets (particularly depreciation terms)


Asset Class ListLEASEHOLD IMPROVEMENTBUILDINGSBUILDING EQUIPMENTSASSEMBLY EQUIPMENTWAREHOUSE EQUIPMENTCONTROL EQUIPMENTPACKING EQUIPMENTMETALSHOP EQUIPMENTPAINTING EQUIPMENTHANDLING EQUIPMENTTRANSPORT VEHICLEOFFICE FURNITUREDESIGN OFFICE EQUIPMENTOFFICE EQUIPMENTHOUSING FURNITURECOMPUTER EQUIPMENTCAPITAL LEASESASSETS IN PROGRESS

LEASEHOLD IMPROVEMENTBUILDINGSBUILDING EQUIPMENTSASSEMBLY EQUIPMENTWAREHOUSE EQUIPMENTCONTROL EQUIPMENTPACKING EQUIPMENTMETALSHOP EQUIPMENTPAINTING EQUIPMENTHANDLING EQUIPMENTTRANSPORT VEHICLEOFFICE FURNITUREDESIGN OFFICE EQUIPMENTOFFICE EQUIPMENTHOUSING FURNITURECOMPUTER EQUIPMENTCAPITAL LEASESASSETS IN PROGRESS


Chart of DepreciationYou will generally need values for fixed assets for various business and legal purposes (for example, for book depreciation, cost-accounting depreciation and so on). In the R/3 FI-AA system, it is therefore possible to manage values in parallel in different depreciation areas.

Chart of Depreciation for KSA is KSA1

•01 Depreciation is created for local reporting


Asset Master Data When you create the asset master record, you have two options:

• Use the asset class, to which the asset will belong, to provide default values. The asset class then supplies the most important control parameters in the asset master record.

• Use an existing asset as a reference for creating the new asset master record.

Some information in the asset master record can be managed as time-dependent data. This is of particular significance for cost accounting assignments (for example, cost center, order, project).


Asset Acquisition

• Acquisition with vendor without PO referenceAsset Account Dr

To Vendor Account Cr

• Acquisition through MM (PO)

Goods Receipt:Asset Account Dr

GR/IR Clearing account Cr

When Invoice is posted:

GR/IR account Dr

Vendor Account Cr


Depreciation posting

Depreciation is posted to all assets in system on monthly basis. Following entries are posted by the system during depreciation run.

Depreciation Exp A/C Dr

To Accumulated Dep.A/C Cr


Elements for depreciation calculation

Depreciation is calculated according to the depreciation key in the asset master. The most important influences on the calculation of depreciation are:

The value date of the document. It is used to set the depreciation start date in the asset.

The depreciation key.

The depreciation calculation method is the most important feature of the internal calculation key. It is used to carry out the different types of depreciation calculation.

Financial Accounting Asset Retirement

Retirement without customer:Asset Account Cr

Acc.Dep Dr

Clearing Asst.Sale Dr

Gain/loss Asst.Sale Dr/Cr

Receipt of Cash for Asset Sale:

Bank Account Dr

Asset Clearing A/C Cr

Retirement without Revenue (Scrapped):

Asset Account Cr

Acc.Dep Dr

Loss Asst.Sale Dr


Asset TransferTransfer within company code: From one asset class to

another asset class


Period end closing • Depreciation is posted during month end• The fiscal year change program opens new annual value fields for

each asset.• The earliest you can start this program is in the last posting period of

the old year.• You have to run the fiscal year change program for your whole

company code.• SAP provides you with a check report for year-end closing. It checks

whether the fiscal year change was completed for all assets, whether depreciation was fully posted, whether errors exist for any assets.

• If the program finds no errors, it updates the last closed fiscal year for each depreciation area.


Fixed Asset Reporting

Standard reports are available in SAP for reporting and evaluation purpose.

Key reports:

S_ALR_87011981: Asset List by Asset Class

S_ALR_87011979: Asset List by Cost Centre

S_ALR_87011963: Asset Balances by asset number

S_ALR_87012075: Asset history

S_ALR_87012026: Depreciation Current Year


Goods Receipt:

Inventory Raw Material (IG/OG) Dr

14003020/21

GR/IR Account Cr

14003010

Freight Clearing Cr

14004016

Invoice Receipt:

GR/IR Account Dr

Vendor Account Cr

Freight Invoice:

Freight Clearing Dr

Vendor Account Cr

FI Integration with other modulesFI Integration with other modules

Financial Accounting Issue of Raw materials to production:

Consumption IG/OG Dr

50006151/52

RM IG/OG Cr

Receipt of Semi Finished stock (In-house production)

Stock SF Dr

14003030/31/32

Change in stock SF Cr

40006232

Reception of Semi Finished stock from (Sub-con vendor)

RM Consumption Dr

Stock IG/OG Cr

Sub-con services Dr

GR/IR Cr

Stock SF Dr

Change in stock SF Cr


Issue Semi-finished stock to production:

Consumption SF Dr

50006153

Stock SF Cr

14003030/31/32

Receipt of Finished goods from Production:

Stock FG Dr

14003060/61/62

Change in FG CR

40006235

Delivery of Finished goods (Products)

COGS Product (PRD/EQP/ST.EQP) Dr

50006170/6150

Finished goods PRD Cr

14003060/61/62

Goods Delivery from Project:

COGS EQP/STD EQP Dr

50006154

Finished goods EQP/STD EQP Cr

Financial Accounting Free of Charge Delivery:

COGS Samples Dr

50006242

Stock SF/FG Cr

Goods Delivery from CS without billing:

Material Warranty Dr

50006143

Stock Account Cr

All stock accounts materials including raw materials.

Goods Delivery from CS with billing:

COGS-Product/EQP/STD EQP Dr

50006170/6150/6170

Finished goods Stock Cr

All materials including raw materials can be sold to customer

Financial Accounting Stock Taking Variance:

Stock take variance Dr/Cr

Stock account Dr/Cr

Initial stock upload:

Stock account Dr

Stock Upload Account Cr

Work in progress:

Change in WIP Dr

WIP Cr

Project system Result analysis:

Revenue Deficit/Excess Cr/Dr

Unbilled Revenue/Excess Revenue Dr/Cr


Special GL transactions

Customer down payment request

Advance from customer

Advance to vendor

Guarantee letters Received

Guarantee letters Issued


Thank You