Best practice to record the details for LG & LC in Fusion

Summary

LG’s ( Letter of Guaranty ) or LC’s (Letter of credit ) or Promissory Note

Content

Most of our credit customers are secured against LG’s ( Letter of Guaranty ) or LC’s (Letter of credit ) or Promissory Note or checks. Our request is to add any security documents for each customer in Oracle in order to have an automated alert of any and each expiry before month for example which will prevent any human error to renew or pursue dealing with the customer without valid security documents. Also we need to have the similar for guarantees issued to our company in favor to our suppliers