Export LC

Export LC (Letter of Credit) Management, Made Simple and Effective

Export LC

An Export Letter of Credit (LC) tracking and management application for Frappe and ERPNext (version-16), developed by Invento Software Limited. It simplifies tracking export contracts, banking requirements, and Letters of Credit to ensure financial compliance and streamline documentation.

Motivation

Managing export billing, commercial documentation, and tracking bank letters of credit was complex and manual. We wanted a seamless extension for ERPNext to connect Sales Orders directly to Export Proforma Invoices, trace active/expired/utilized bank LCs, and automatically map these to Commercial Invoices and Delivery Notes. This app makes managing export LCs automated and transparent.

Key Features

• Automated Sales Order Sync: Instantly link approved ERPNext Sales Orders to initiate the export lifecycle, ensuring seamless downstream tracking.

• Precision Proforma Generation: Generate detailed Export Proforma Invoices directly from Sales Orders with zero-touch mapping of items, currencies, and commercial terms.

• End-to-End Commercial Mapping: Seamlessly propagate Export LC and Proforma Invoice attributes to standard Commercial Invoices (Sales Invoices) and Delivery Notes.

• SWIFT MT700 Field Alignment: Standardize credit validation by mapping crucial MT700 fields, including issuing/advising banks, tolerance limits, expiry timelines, and documentation instructions.

• Real-Time Utilization Tracking: Dynamically monitor and evaluate LC drawdown states (Draft, Active, Partially Utilized, Fully Utilized, Expired, Cancelled) against linked commercial documents.

• Executive Workspace & Analytics: Visualize critical metrics, utilization ratios, and LC distribution patterns through native, interactive Desk dashboards.

View Screenshots

Export Proforma Invoice

Export LC