Documentation

The import process and Letter of credits have a special nature; where the letter of credit may be received on many shipments, and within several periods; therefore Letter of credit system requires a strong and effective system in order to monitor the cost of shipments including the expenses paid by the company until closing the letter of credit and costing all imported items. At the same time, the system should allow selling the imported items before reaching to the final cost. NAMA system covers all letter of credit procedures such as Letter of credit opening request, issuing a Performa Invoice, monitoring all imported shipments, expenses spent in detail, closing the letter of credit, and preventing users from issuing transactions for it.