4.1.4 Close Lend Limit

This topic describes the systematic instructions to close the lending limits, user can close the existing lending limit for the parties to which he has access. Lend limit for the party can be closed only if the limit utilized is zero.

To close the existing lending limits:

1. From Menu, click Liquidity Management and then click Intercompany Loan. From Intercompany Loan, click Lend Limits and then click View/Edit Lend Limit screen.
   The Lending Limits screen displays.

   Figure 4-12 Lending Limits

   
   

   
   Description of "Figure 4-12 Lending Limits"

   
   

   For more information on fields, refer to the field description table.

   Table 4-7 Lending Limits – Field Description

   Field	Description
   Lending Party	Select the lending party to view the lend details. Note: Only accessible parties are displayed to the user.
   Lend Limit	Displays the lend limit defined for the selected party.
   Status	Displays the status of the Lending Party. The options are: Active Closed
   Borrower Limits	Information specified in below fields are related to Borrower Limits.
   Borrower Party	Displays the borrower party name and ID defined to the selected lending party.
   Limit	Displays the maximum borrowing limit for the borrowing party.
   Limit Utilized	Displays the lending limit utilized by the borrowing party.
   Limit Available	Displays the available lending limit of the borrowing party.

2. In the Lending Party field, select the lending party name and ID from the drop-down list.
3. Click Close to close the lending limit for the selected party.
   The Close Lend Limit pop-up screen displays.

   Figure 4-13 Close Lend Limit

   
   

   
   Description of "Figure 4-13 Close Lend Limit"

   
   
4. Perform any one of the following step:
   • Click Yes to confirm the closure of the lend limit.
   • Click No to discard the closure request.