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Process documentation Posting a Guarantee Made  Locate the document in its SAP Library structure

Purpose

You have agreed with a customer that you will assume to guarantee a sum of $11,400, thereby accepting potential liability for the amount. This liability is recorded on the customer and on the G/L account. This liability is recorded on the customer and on the G/L account.

Process Flow

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The guarantee is posted as follows:

  1. You post a guarantee made to your business partnerís account. The system posts to the special G/L account automatically.
  2. The system makes the offsetting entry to the clearing account.