Currency credits obtained from domestic banks are recorded using the Currency Credit Slip. The domestic bank has the sole responsibility for the credit. Commitment closings of obtained currency credits are performed over the FOB Amount of the export.
Credit Closing is performed using the Detail fields of the Operation Slips and Export Registered Sales Invoices. Currency Credits are closed over the CDF Amount and the related currency type.
"New" option on the Export Credits list is used to record currency credit information. The following information is recorded on the Currency Credit window:
Credit Code: The currency credit code.
Credit Description: The name or description of the currency credit.
Aux. Code: A secondary code field used to classify slips. Contains 10 characters. The Aux. Code is used to classify slips by company specific criteria. The user can use this field to record any necessary information that is not included in the slip.
Authorization Code: Used to define detailed authorizations. The string is 10 characters long. Each user may be authorized to use different records depending on job definitions. A planning process must be performed for detailed authorization definitions. First, slips to be accessed or processed by each user or user group should be specified. Then, separate authorization codes are assigned to slip groups accessible by each authorization group. Slip based encryption can be performed by authorization code. In this way, only the users who log in with the specified authorization code can access and process the slips.
Status: The field used to specify the status of the credit (active or closed).
Bank Code: The field used to select the bank by which the credit is granted.
Account Nr: This field is used to specify the account number in the bank by which the credit is granted.
Obtained Date: The field used to specify the date the bank credit is obtained.
Due Date: The field used to specify the due date of the bank credit.
F. Currency Type: The field used to select the currency type of the credit.
Amount: The field used to enter the amount of the credit.
Closed Amount: The field used to specify the closed amount of the credit. This is the amount linked to the Export Operation Slip.
Closed and remaining amounts are always specified over the amount with interest.
Remaining Amount: The field used to specify the amount remaining for the credit to be closed. This is the amount linked to the Credit Amount - Export Operation Slip.
Interest Rate: The field used to enter the interest rate of the credit.
Interest Amount: The field used to enter the interest amount of the credit. This information is displayed automatically if the interest rate is entered.
The bank transaction slip is automatically generated when the currency credit is recorded.