| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Discuss (mail)
• Invoicing (account) • Project (project) • Purchase (purchase) • Sales (sale_management) |
| Lines of code | 978 |
| Technical Name |
lg_followup |
| License | LGPL-3 |
| Website | https://odoo-professional.com |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Discuss (mail)
• Invoicing (account) • Project (project) • Purchase (purchase) • Sales (sale_management) |
| Lines of code | 978 |
| Technical Name |
lg_followup |
| License | LGPL-3 |
| Website | https://odoo-professional.com |
Letter of Guarantee Management for Accounting Teams
Manage bank guarantees issued on behalf of your company with a controlled accounting workflow for issuance, expiry follow-up, extensions, bank fees, collateral, claims, and release.
LG Master Data
Keep LG number, bank, beneficiary, applicant company, type, amount, currency, issue date, expiry date, claim period, purpose, and related documents in one record.
Extensions
Request extension approval, keep old and new expiry dates, attach bank amendments, and preserve a full renewal history for audit review.
Expiry Alerts
Create reminder activities before expiry and at claim period end for the accountant, finance manager, project owner, and responsible user.
Designed for Bank Guarantee Follow-up
A practical workflow for finance and accounting teams that manage issued guarantees with banks.
Configurable Guarantee Types
- Bid Bond
- Performance Guarantee
- Advance Payment Guarantee
- Payment, Maintenance, Customs, and Retention Guarantees
Related Business Records
- Link LGs to sales orders, purchase orders, projects, and contract references.
- Attach original LG copies, bank applications, amendments, renewal letters, cancellation letters, claim documents, and release confirmations.
Dashboard and Reports
Review LG exposure by bank, beneficiary, project, status, expiry month, currency, charges, and blocked margin using Odoo graph, pivot, kanban, and list views.
Key Features
Everything needed to control guarantees from request to close.
LG Sequence
Automatic references such as LG/YYYY/0001.
Approval Flow
Actions for submission, issuance, activation, extension, release, claim, and close.
Bank Fees
Track commission, issuance, amendment, renewal, cancellation, and collateral fees.
Security Roles
User, Accountant, Finance Manager, Auditor, and Administrator access groups.
Requirements
This module depends on Accounting, Purchase, Sales, Project, and Mail. It appears under Accounting > Transactions.
Support
For implementation, accounting setup, or workflow adjustment, contact Mashoura for configuration support and customization. WhatsApp / Mobile: +965 51145459.
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