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The Letter of Credit (LC) Number description and Details Information of LC Numbe are most important number of any kind of materials import and export or locally. So, which think or information are behind in LC Number. The below information are for your kind consideration and the video also for your betterment.
LC: 1945 15 04 5594
Bank Code Year Mode LC NO.
Mode:
I. Cash- 01/05
II. Foreign – 06
III. Local – 04
IV. EPZ – 12
V. TT/FDD – 09/15
VI. Others
Bank:
945-Exim
862-IBBL
539-PBL
POSTING PROCESS:
Excluding Local LC Need to all LC Posting in tally.
Local LC Code: 04
LC INFORMATION:
F20: L/C NO
F50: Applicant
F59: Beneficiary (Party Name)
F32B: Currency
F45A: Description Of Goods
F47A: Additional Condition { F: Sales Contract: buyer}
Sequence of LC & Stock Posting:
- At First All LC Posting (Except Local LC, Local LC Code: 04)
- All PI Posting (Except Local LC PI)
- Bill Of Exchange Posting (Only Local LC & PI)
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