This transaction, GIMOPN, is used to transfer a Guarantee that already exists in a legacy system to the current system.

A unique reference number needs to be filled in. The open amount may be changed.

After saving the contract, at least all mandatory fields are filled, so that the contract can be processed directly in the current system, This transaction creates a new Guarantee contract.

The amount of the guarantee and, where applicable, any additional amount are stored.
The difference between the Guarantee Amount and the Open Amount is stored as a Utilization Amount.

A liability is booked regardless of the handling type and confirmation status. If there are several applicants, the liability is to be spread across the applicants in accordance with their respective proportion in the guarantee on the “Liability” panel.

Users can directly start this transaction by clicking the  (Launch transaction ) available in the Panel headline without having to select the relevant menu 

In Import Directory field , Select the path of the file and select the file and click  () Save function. 

Steps Involved :

1. Find the target files in the migrate folder under data directory .

2. Ensure the file name is according to standards, for eg .file extension should be mig, module name should be the prefix, etc.

3. Load the file and check 'include all *mig files...." option

4. User can view the file using icon 

5. Click icon   to import the contract .

6. Contract will be loaded , provide unique reference and other fields if required and save .

7. An guarantee or standby LC will be created and procedure follows the same .Check out the field mapping below.

Field Mapping