Process of BILL OF EXCHANGE for INDO ALYSIS

BILL OF EXCHANGE
Posting Procedure for Bills of Exc !nge "ecei#!$le
For bills of exchange receivable, there are three events which are posted in Financial Accounting:

PAY%EN& BY BILL OF EXCHANGE Firstly, the payment by bill of exchange is posted and used to clear the receivable against the customer. There is a now a bill of exchange receivable which is recorded on the customer account and the special G/ account. BILL OF EXCHANGE 'SAGE !f the bill of exchange is used for refinancing and is passed on to a ban", then the bill of exchange usage must be posted. The bill of exchange liability #liability to recourse$ that we now have is recorded on special accounts in the system until it has expired. CANCEL &HE BILL OF EXCHANGE LIABILI&Y %nce the due date of the bill of exchange has elapsed, including any country& specific period for the bill of exchange protest, we can cancel the bill of exchange receivable for our customer and the bill of exchange liability.

N!#ig!tion
Prepared By: Lakhbir Singh, Sr. SAP FICO and FSCM Consultant at Mann India !e"hnolgies P#t. Ltd., All $ights $eser#ed. !his do"u%ent is proprietary
to Mann India !e"hnologies P#t. Ltd., &ou %ay not %odi'y, "opy, reprodu"e, republish, upload, post, trans%it or distribute any %aterial 'ro% this do"u%ent, in any 'or% or by any %eans, nor %ay you %odi'y or "reate deri#ati#e (orks based on the te)t o' any 'ile, or any part thereo' 'or publi", pri#ate or "o%%er"ial use, (ithout prior (ritten per%ission 'ro% Mann India !e"hnologies P#t. Ltd *%ail: lakhbirsingh+,-g%ail."o%

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Process of BILL OF EXCHANGE for INDO ALYSIS

Prepared By: Lakhbir Singh, Sr. SAP FICO and FSCM Consultant at Mann India !e"hnolgies P#t. Ltd., All $ights $eser#ed. !his do"u%ent is proprietary
to Mann India !e"hnologies P#t. Ltd., &ou %ay not %odi'y, "opy, reprodu"e, republish, upload, post, trans%it or distribute any %aterial 'ro% this do"u%ent, in any 'or% or by any %eans, nor %ay you %odi'y or "reate deri#ati#e (orks based on the te)t o' any 'ile, or any part thereo' 'or publi", pri#ate or "o%%er"ial use, (ithout prior (ritten per%ission 'ro% Mann India !e"hnologies P#t. Ltd *%ail: lakhbirsingh+,-g%ail."o%

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Process of BILL OF EXCHANGE for INDO ALYSIS Acce(t!nce of Bills Of Exc !nge )F*+,-

Prepared By: Lakhbir Singh, Sr. SAP FICO and FSCM Consultant at Mann India !e"hnolgies P#t. Ltd., All $ights $eser#ed. !his do"u%ent is proprietary
to Mann India !e"hnologies P#t. Ltd., &ou %ay not %odi'y, "opy, reprodu"e, republish, upload, post, trans%it or distribute any %aterial 'ro% this do"u%ent, in any 'or% or by any %eans, nor %ay you %odi'y or "reate deri#ati#e (orks based on the te)t o' any 'ile, or any part thereo' 'or publi", pri#ate or "o%%er"ial use, (ithout prior (ritten per%ission 'ro% Mann India !e"hnologies P#t. Ltd *%ail: lakhbirsingh+,-g%ail."o%

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Process of BILL OF EXCHANGE for INDO ALYSIS

Prepared By: Lakhbir Singh, Sr. SAP FICO and FSCM Consultant at Mann India !e"hnolgies P#t. Ltd., All $ights $eser#ed. !his do"u%ent is proprietary
to Mann India !e"hnologies P#t. Ltd., &ou %ay not %odi'y, "opy, reprodu"e, republish, upload, post, trans%it or distribute any %aterial 'ro% this do"u%ent, in any 'or% or by any %eans, nor %ay you %odi'y or "reate deri#ati#e (orks based on the te)t o' any 'ile, or any part thereo' 'or publi", pri#ate or "o%%er"ial use, (ithout prior (ritten per%ission 'ro% Mann India !e"hnologies P#t. Ltd *%ail: lakhbirsingh+,-g%ail."o%

Page 4 of 12

Process of BILL OF EXCHANGE for INDO ALYSIS

Prepared By: Lakhbir Singh, Sr. SAP FICO and FSCM Consultant at Mann India !e"hnolgies P#t. Ltd., All $ights $eser#ed. !his do"u%ent is proprietary
to Mann India !e"hnologies P#t. Ltd., &ou %ay not %odi'y, "opy, reprodu"e, republish, upload, post, trans%it or distribute any %aterial 'ro% this do"u%ent, in any 'or% or by any %eans, nor %ay you %odi'y or "reate deri#ati#e (orks based on the te)t o' any 'ile, or any part thereo' 'or publi", pri#ate or "o%%er"ial use, (ithout prior (ritten per%ission 'ro% Mann India !e"hnologies P#t. Ltd *%ail: lakhbirsingh+,-g%ail."o%

Page 5 of 12

Process of BILL OF EXCHANGE for INDO ALYSIS

Prepared By: Lakhbir Singh, Sr. SAP FICO and FSCM Consultant at Mann India !e"hnolgies P#t. Ltd., All $ights $eser#ed. !his do"u%ent is proprietary
to Mann India !e"hnologies P#t. Ltd., &ou %ay not %odi'y, "opy, reprodu"e, republish, upload, post, trans%it or distribute any %aterial 'ro% this do"u%ent, in any 'or% or by any %eans, nor %ay you %odi'y or "reate deri#ati#e (orks based on the te)t o' any 'ile, or any part thereo' 'or publi", pri#ate or "o%%er"ial use, (ithout prior (ritten per%ission 'ro% Mann India !e"hnologies P#t. Ltd *%ail: lakhbirsingh+,-g%ail."o%

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Process of BILL OF EXCHANGE for INDO ALYSIS

'lic" S!#e

Bill Discounting )F*++Prepared By: Lakhbir Singh, Sr. SAP FICO and FSCM Consultant at Mann India !e"hnolgies P#t. Ltd., All $ights $eser#ed. !his do"u%ent is proprietary
to Mann India !e"hnologies P#t. Ltd., &ou %ay not %odi'y, "opy, reprodu"e, republish, upload, post, trans%it or distribute any %aterial 'ro% this do"u%ent, in any 'or% or by any %eans, nor %ay you %odi'y or "reate deri#ati#e (orks based on the te)t o' any 'ile, or any part thereo' 'or publi", pri#ate or "o%%er"ial use, (ithout prior (ritten per%ission 'ro% Mann India !e"hnologies P#t. Ltd *%ail: lakhbirsingh+,-g%ail."o%

Page 7 of 12

Process of BILL OF EXCHANGE for INDO ALYSIS

Prepared By: Lakhbir Singh, Sr. SAP FICO and FSCM Consultant at Mann India !e"hnolgies P#t. Ltd., All $ights $eser#ed. !his do"u%ent is proprietary
to Mann India !e"hnologies P#t. Ltd., &ou %ay not %odi'y, "opy, reprodu"e, republish, upload, post, trans%it or distribute any %aterial 'ro% this do"u%ent, in any 'or% or by any %eans, nor %ay you %odi'y or "reate deri#ati#e (orks based on the te)t o' any 'ile, or any part thereo' 'or publi", pri#ate or "o%%er"ial use, (ithout prior (ritten per%ission 'ro% Mann India !e"hnologies P#t. Ltd *%ail: lakhbirsingh+,-g%ail."o%

Page 8 of 12

Process of BILL OF EXCHANGE for INDO ALYSIS

Prepared By: Lakhbir Singh, Sr. SAP FICO and FSCM Consultant at Mann India !e"hnolgies P#t. Ltd., All $ights $eser#ed. !his do"u%ent is proprietary
to Mann India !e"hnologies P#t. Ltd., &ou %ay not %odi'y, "opy, reprodu"e, republish, upload, post, trans%it or distribute any %aterial 'ro% this do"u%ent, in any 'or% or by any %eans, nor %ay you %odi'y or "reate deri#ati#e (orks based on the te)t o' any 'ile, or any part thereo' 'or publi", pri#ate or "o%%er"ial use, (ithout prior (ritten per%ission 'ro% Mann India !e"hnologies P#t. Ltd *%ail: lakhbirsingh+,-g%ail."o%

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Process of BILL OF EXCHANGE for INDO ALYSIS

"e#erse Contingent Li!$ilit. )F*/0Prepared By: Lakhbir Singh, Sr. SAP FICO and FSCM Consultant at Mann India !e"hnolgies P#t. Ltd., All $ights $eser#ed. !his do"u%ent is proprietary
to Mann India !e"hnologies P#t. Ltd., &ou %ay not %odi'y, "opy, reprodu"e, republish, upload, post, trans%it or distribute any %aterial 'ro% this do"u%ent, in any 'or% or by any %eans, nor %ay you %odi'y or "reate deri#ati#e (orks based on the te)t o' any 'ile, or any part thereo' 'or publi", pri#ate or "o%%er"ial use, (ithout prior (ritten per%ission 'ro% Mann India !e"hnologies P#t. Ltd *%ail: lakhbirsingh+,-g%ail."o%

Page 10 of 12

Process of BILL OF EXCHANGE for INDO ALYSIS

Prepared By: Lakhbir Singh, Sr. SAP FICO and FSCM Consultant at Mann India !e"hnolgies P#t. Ltd., All $ights $eser#ed. !his do"u%ent is proprietary
to Mann India !e"hnologies P#t. Ltd., &ou %ay not %odi'y, "opy, reprodu"e, republish, upload, post, trans%it or distribute any %aterial 'ro% this do"u%ent, in any 'or% or by any %eans, nor %ay you %odi'y or "reate deri#ati#e (orks based on the te)t o' any 'ile, or any part thereo' 'or publi", pri#ate or "o%%er"ial use, (ithout prior (ritten per%ission 'ro% Mann India !e"hnologies P#t. Ltd *%ail: lakhbirsingh+,-g%ail."o%

Page 11 of 12

Process of BILL OF EXCHANGE for INDO ALYSIS

Prepared By: Lakhbir Singh, Sr. SAP FICO and FSCM Consultant at Mann India !e"hnolgies P#t. Ltd., All $ights $eser#ed. !his do"u%ent is proprietary
to Mann India !e"hnologies P#t. Ltd., &ou %ay not %odi'y, "opy, reprodu"e, republish, upload, post, trans%it or distribute any %aterial 'ro% this do"u%ent, in any 'or% or by any %eans, nor %ay you %odi'y or "reate deri#ati#e (orks based on the te)t o' any 'ile, or any part thereo' 'or publi", pri#ate or "o%%er"ial use, (ithout prior (ritten per%ission 'ro% Mann India !e"hnologies P#t. Ltd *%ail: lakhbirsingh+,-g%ail."o%

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