To set up a guarantee manually in the system and also to record a claim at the same time where necessary, system handles with GITASG transaction.

For instance, if the payments under a guarantee were assigned to the bank using the application but the guarantee was not advised through the bank. In this case, the basic data of the guarantee and the claim within this transaction can be subsequently entered under “handling type” - 'Inward Assignment'.

By saving the transaction, a guarantee contract is saved under “handling type” - 'Inward Assignment'. If, in addition, a claim was recorded, then a sub-contract will simultaneously be set up for the claim. Open claims may be settled or rejected by the subsequent transactions of the same name.

Note: This transaction creates a new Inward Assignment Guarantee contract. No existing Guarantee contract may be used.

Select it from the menu item [Guarantee Products -> Guarantees / Standbys -> Main-> Receive Assignment].