The status of the letter of credit or import collection. The following values are used: Created (the default status of the ...

The status of the letter of credit or import collection. The following values are used: Created (the default status of the letter of credit or import collection when the document is created), Confirmed (the status of the letter of credit after it is confirmed; you can modify the letter of credit when its status is Confirmed), and Closed (the status of the letter of credit after it is closed; you can close the letter of credit only after all shipments or invoices are accounted against the payments).
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