Data from the SPBS, DMDC, and SIDPERS can be fed into any number of systems, such as the GSORTS, JOPES, TC-AIMS II, or the Combined Forces Data Base, for use in deployment planning.
A revolving Letter of Credit can. revolve in relation to time or value .If it revolves by time, a Letter of. Credit may be available for an agreed value against a predefined number. of times - for example, USD100,000 every month for 12 months.
Issuer of Letter of Credit. The issuer of the letter of credit is the financial institution that issues the letter of credit. Said financial institution records the letter of credit as being a contingent liability, meaning that it makes no entry for the document until it has been exercised. Instead, the financial institution must disclose in a footnote that it has such documents outstanding. Once exercised, the entry for them is an increase to expenses and either a decrease to the issuer's cash account or the occurrence of a payable on its part depending on its payment method.