Running the Letter of Credit Billing

In this topic, you will learn how to run the letter of credit billing.

Steps:

1. Begin by navigating to the Process As Incurred Billing page.

    

   Click the Main Menu button.

   Step 1

2. Click the Customer Contracts menu.

   Step 2

3. Click the Schedule and Process Billing menu.

   Step 3

4. Click the Process As Incurred Billing menu.

   Step 4

5. Click the Add a New Value tab.

   Step 5

6. Click in the Run Control ID field.

   Step 6

7. Enter the desired information into the Run Control ID field.

    

   Enter "LOCBilling".

   Step 7

8. Click the Add button.

   Step 8

9. Click in the Business Unit field.

   Step 9

10. Enter the desired information into the Business Unit field.

     

    Enter "uscsp".

    Step 10

11. Click in the Billing Business Unit field.

    Step 11

12. Enter the desired information into the Billing Business Unit field.

     

    Enter "USCSP".

    Step 12

13. Use the scrollbar to view additional information on the page.

    Step 13

14. Click in the Cycle From Date field.

    Step 14

15. Enter the desired information into the Cycle From Date field.

     

    Enter "03012015".

    Step 15

16. Enter the desired information into the Cycle To Date field.

     

    Enter "03312015".

    Step 16

17. Click in the Event Date field.

    Step 17

18. Click the Choose a date (Alt+5) button.

    Step 18

19. Click the 31 object.

    Step 19

20. Use the scrollbar to view additional information on the page.

    Step 20

21. Click the Run button.

    Step 21

22. Click the OK button.

    Step 22

23. Click the Process Monitor link.

    Step 23

24. Click the Refresh button.

    Step 24

25. Continue to click the Refresh button until the Run Status is "Success".

    Step 25

26. Click the Main Menu button.

    Step 26

27. Click the Sort Menu button.

    Step 27

28. Click the Billing menu.

    Step 28

29. Click the Interface Transactions menu.

    Step 29

30. Click the Process Billing Interface menu.

    Step 30

31. Click the Search button.

    Step 31

32. Click the Look up From Interface ID (Alt+5) button.

    Step 32

33. Click the 3 link.

    Step 33

34. Click the Run button.

    Step 34

35. Click the Billing Interface option.

    Step 35

36. Click the OK button.

    Step 36

37. Click the Process Monitor link.

    Step 37

38. Click the Refresh button.

    Step 38

39. Continue to click the Refresh button until the Run Status is "Success".

    Step 39

40. Click the Main Menu button.

    Step 40

41. Click the Billing menu.

    Step 41

42. Click the Manage Billing Worksheet menu.

    Step 42

43. Click the Update Billing Worksheet menu.

    Step 43

44. Click the Search button.

    Step 44

45. Click the CON0010251 option.

    Step 45

46. Click the Approve Now button.

    Step 46

47. Use the Letter Of Credit Summary page to compare letter of credit document IDs and letter of credit IDs.

    Step 47

48. Click the Manage Billing Worksheet button.

    Step 48

49. Click the Letter of Credit Summary menu.

    Step 49

50. Click the Search button.

    Step 50

51. Verify the letter of credit allowable draw and then go to the Letter Of Credit page.

    Step 51

52. Click the Billing button.

    Step 52

53. Click the Generate Invoices menu.

    Step 53

54. Click the Non-Consolidated menu.

    Step 54

55. Click the Letter of Credit menu.

    Step 55

56. Click the Search button.

    Step 56

57. Click in the Business Unit field.

    Step 57

58. Enter the desired information into the Business Unit field.

     

    Enter "USCSP".

    Step 58

59. Click the Run button.

    Step 59

60. Click the OK button.

    Step 60

61. Click the Process Monitor link.

    Step 61

62. Click the Refresh button.

    Step 62

63. Continue to click the Refresh button until the Run Status is "Success".

    Step 63

64. Click the BIJOBF50 link.

    Step 64

65. Verify that all processes display "Success" next to the name.

    Step 65

66. Click the Return button.

    Step 66

67. Click the Go back to Letter of Credit link.

    Step 67

68. To view the letter of credit summary report, click the Report Manager link.

    Step 68

69. Click the Administration tab.

    Step 69

70. Click the BI_PRNLOC - Letter of Credit.pdf link.

    Step 70

71. Use the summary report to withdraw the grants amount.

    Step 71

72. Click the Main Menu link.

    Step 72

73. Click the Accounts Receivable menu.

    Step 73

74. Click the Pending Items menu.

    Step 74

75. Click the External Items menu.

    Step 75

76. Click the Group Entry menu.

    Step 76

77. Click the Search button.

    Step 77

78. Click the PS_BI link.

    Step 78

79. Click the Pending Item 1 tab.

    Step 79

80. Click the Group Action tab.

    Step 80

81. Click the Accounts Receivable button.

    Step 81

82. Click the Receivables Update menu.

    Step 82

83. Click the Request Receivables Update menu.

    Step 83

84. Click the Search button.

    Step 84

85. Click the Process Frequency list.

    Step 85

86. Click the Always list item.

    Step 86

87. Click the Run button.

    Step 87

88. Click the OK button.

    Step 88

89. Click the Process Monitor link.

    Step 89

90. Click the Refresh button.

    Step 90

91. Continue to click the Refresh button until the Run Status is "Success".

    Step 91

92. Click the Accounts Receivable button.

    Step 92

93. Click the Collections Workbench menu.

    Step 93

94. Click the Look up SetID (Alt+5) button.

    Step 94

95. Click the USCSP link.

    Step 95

96. Copy or enter the letter of credit sponsor into the Customer field.

    Step 96

97. Click in the Customer field.

    Step 97

98. Click the Search button.

    Step 98

99. Click the Items tab.

    Step 99

100. Use the scrollbar to view additional information on the page.

     Step 100

101. Click the CON-000001-LOC link.

     Step 101

102. Verify the letter of credit AR Balance.

     Step 102

Congratulations, you have successfully learned how to run letter of credit billing.

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