Letters of Credit

ALMOTAKAMEL2000 Letters of Credit helps you to maintain vendors, proposals, preliminary invoices and letters of credit data.
 Making the best purchasing decision possible and ensuring the goods you need arrive a timmly manner will help your business succeed.
 You can save time and effort to calculate the cost of each item in the shipment in the foreign currency and its equivalent in the local currency.

 Some of the many features of Letters of Credit include

• Maintains the personal and financial data for all vendors .
• Maintains vendors proposals for each item as price, currency, quality, terms of payment to assist in choosing the best vendor.
• Maintains preliminary invoices data such as items, quantities, prices, terms of payment, delivery place......etc.
• Maintains letters of credit data such as number of the letter of credit, type, vendor, items, prices, qualities, value, currency exchange rate, bank, terms of payment, opening date, place of delivery, ......... etc.
• Allows receiving partial and complete shipment.
• Allows you to assign any expenses to a specific shipment or to the whole L/C.
• Allows you to assign the customs value and sales taxes for each item in the shipment.
• Calculates automatically the cost of each item of the shipment (or each item of the L/C) in the foreign currency and its equivalent in the local currency to valuate foreign currency unit versus local equivalent.

Partial list of available Letters of Credit reports include:

• Vendors proposals for each item.
• Preliminary invoices listing.
• Letter of credits listing by vendor.
• Letter of credits listing by item.
• Letter of credits listing by bank.
• Letter of credits listing by expected delivery date.
• Letter of credits listing by currency.
• Detailed expenses report (for L/C or shipment).
• Total expenses report (for L/C or shipment).
• A specific expense report (for All letters of credit).
• Items cost report.