Letter of guarantee return transactions are recorded by selecting Letter of Guarantee Return as the transaction type. The return transaction is recorded by selecting separate slip types for return transactions of letters of guarantee issued to banks or AR/AP records, letters of guarantee received from the customer and issued to another AR/AP and letters of guarantee issued to bank for collection. This transaction is performed using the following slip types.
- Return to Bank (Company Letters of Guarantee)
- Return by AR/AP (Company Letters of Guarantee)
- Return by AR/AP (AR/AP Letters of Guarantee)
- Return by Bank (AR/AP Letter of Guarantee)
- Return by Bank (Company Letters of Guarantee)