1.4.1 Maintain Letters of Credit Commission

This topic provides systematic instructions to maintain letters of credit commission

You can define LC credit commission details in ‘Letters of Credit Commission Definition Maintenance’ screen.

1. On the Homepage, type ‘CFDCOMCL' in the text box, and click the next arrow.
   The Trade Finance Commission Class Maintenance screen is displayed.
   

   
   Description of the illustration cfdcomcl__cvs_main.jpg

   
   
2. On Letters of Credit Commission Definition Maintenance screen, specify the fields.
   For more information on fields, refer to Table 1-4:

   Table 1-4 Letters of Credit Commission Definition Maintenance - Field Description

   Field	Description
   Module Code	Specify the module code. Alternatively, you can select the module code from the option list. The list displays all valid module codes maintained in the system.
   Class Code	Specify the class code.
   Class Description	The system displays the class description.
   Rule ID	Specify the rule ID. Alternatively, you can select the rule ID from the list of values. The list displays all valid rule IDs maintained in the system.
   Collect LC Commission in Bills	Check this box to collect LC commission in bills.
   External Pricing Required	The system enables this field when the commission rule configured for fetching external pricing from external pricing and billing engine is selected while creating a commission class.