Guarantee letters
Hello All ,
Guarantee letters is the bank promise to pay a specific amount on behalf of the customer , if the customer cannot pay for dues.
I'm asking how to track Guarantee letters in receivables ?
I'v checked Transactions Workbench: Overview of Commitments (Deposits and Guarantees) [Video] (Doc ID 120410.1)
but need to confirm my understanding
Regrads
Nagy