# Letters Of Guaranties

_Applications › Letters Of Guaranties_

![Letters Of Guaranties](https://atloriaassets.blob.core.windows.net/assets/a438221c-c1af-407c-b9e6-a56c986db846/f91d965e170997fd156248099e9a1ce7.png#atloria-annotations=%7B%22annotations%22%3A%5B%7B%22type%22%3A%22box%22%2C%22x%22%3A84.9%2C%22y%22%3A4.86%2C%22w%22%3A3.73%2C%22h%22%3A4.46%2C%22label%22%3A%224%20%20Save%22%7D%2C%7B%22type%22%3A%22box%22%2C%22x%22%3A88.93%2C%22y%22%3A4.86%2C%22w%22%3A7.26%2C%22h%22%3A4.46%2C%22label%22%3A%225%20%20Save%20and%20Close%22%7D%2C%7B%22type%22%3A%22marker%22%2C%22n%22%3A5%2C%22x%22%3A92.56%2C%22y%22%3A7.09%7D%5D%7D)
*Letters Of Guaranties*

![Save](https://atloriaassets.blob.core.windows.net/assets/a438221c-c1af-407c-b9e6-a56c986db846/0079b5392f34248bb63f481deb33f68d.png)

## Overview

Letters of guaranties (L/Gs) are used to record guarantee details, including the beneficiary, issuer, responsible party, guarantee type, and requested value. Use this form when you need to create and retain an L/G record for financial or contractual tracking. Finance and project users can also attach supporting documents to the record.

## Workflow

1. Open **L/Gs** from the main application navigation, then open a new Letters Of Guaranties form.

   ![Letters Of Guaranties](https://atloriaassets.blob.core.windows.net/assets/a438221c-c1af-407c-b9e6-a56c986db846/e7b93cb4353c3701f66eef7df1eb1d07.png#atloria-annotations=%7B%22annotations%22%3A%5B%7B%22type%22%3A%22box%22%2C%22x%22%3A84.9%2C%22y%22%3A4.86%2C%22w%22%3A3.73%2C%22h%22%3A4.46%2C%22label%22%3A%224%20%20Save%22%7D%2C%7B%22type%22%3A%22box%22%2C%22x%22%3A88.93%2C%22y%22%3A4.86%2C%22w%22%3A7.26%2C%22h%22%3A4.46%2C%22label%22%3A%225%20%20Save%20and%20Close%22%7D%2C%7B%22type%22%3A%22marker%22%2C%22n%22%3A5%2C%22x%22%3A92.56%2C%22y%22%3A7.09%7D%5D%7D)
*Letters Of Guaranties*

![Save](https://atloriaassets.blob.core.windows.net/assets/a438221c-c1af-407c-b9e6-a56c986db846/0079b5392f34248bb63f481deb33f68d.png)

2. Enter the guarantee parties and classification details:
   - **Beneficiary**: enter the party that benefits from the L/G.
   - **L/G Issuer**: enter the organization issuing the L/G.
   - **On Behalf of**: enter the party for whom the L/G is issued.
   - **L/G Type**: enter the type of guarantee.
   - **Requested L/G Value**: enter the requested guarantee value.

   > **Note:** Review the beneficiary, issuer, and requested value before saving. These details identify the L/G record for later reference.

3. Decide whether supporting documentation is required:
   - To add a document by drag and drop, place the file in **or Drop a file here**.
   - To browse for a file, select **Attach**, then use **Select** to choose the file.

   ![Letters Of Guaranties](https://atloriaassets.blob.core.windows.net/assets/a438221c-c1af-407c-b9e6-a56c986db846/26b300d09f684f3a438fbb2d77dbce57.png#atloria-annotations=%7B%22annotations%22%3A%5B%7B%22type%22%3A%22box%22%2C%22x%22%3A84.9%2C%22y%22%3A4.86%2C%22w%22%3A3.73%2C%22h%22%3A4.46%2C%22label%22%3A%224%20%20Save%22%7D%2C%7B%22type%22%3A%22box%22%2C%22x%22%3A88.93%2C%22y%22%3A4.86%2C%22w%22%3A7.26%2C%22h%22%3A4.46%2C%22label%22%3A%225%20%20Save%20and%20Close%22%7D%2C%7B%22type%22%3A%22marker%22%2C%22n%22%3A5%2C%22x%22%3A92.56%2C%22y%22%3A7.09%7D%5D%7D)
*Letters Of Guaranties*

![Save](https://atloriaassets.blob.core.windows.net/assets/a438221c-c1af-407c-b9e6-a56c986db846/1e640633bfbe531c8daaea6226ad6c52.png)

4. Decide how to finish the entry:
   - Select **Save** to save the L/G and remain on the form.
   - Select **Save and Close** to save the L/G and close the form.

   > **Tip:** Use **Save** when you need to review the entered information or add an attachment before leaving the record. Use **Save and Close** when the L/G entry is complete.

## Examples

A project requires a bank guarantee for a customer contract.

1. Open **L/Gs** and start a new L/G record.
2. Enter the following details:
   - **Beneficiary**: Northstar Construction Ltd.
   - **L/G Issuer**: Meridian Bank
   - **On Behalf of**: Apex Engineering LLC
   - **L/G Type**: Performance Guarantee
   - **Requested L/G Value**: 250,000
3. Attach the issued guarantee request by selecting **Attach** and then **Select**, or by dropping the file into **or Drop a file here**.
4. Select **Save** to retain the record while reviewing the attachment.
5. When the information is complete, select **Save and Close**.

## Tips

> **Tip:** Use a consistent L/G Type description so that similar guarantees are easier to identify.

> **Note:** Attach the relevant guarantee request or supporting document directly to the L/G record when available.

> **Warning:** Ensure that the requested value is entered carefully before saving, particularly for high-value contractual guarantees.

## Troubleshooting

- **Symptom:** You cannot see the supporting document on the L/G form.  
  **Likely cause:** The file has not yet been attached.  
  **Fix:** Use **Attach** and **Select**, or place the file in **or Drop a file here**, then select **Save**.

- **Symptom:** The form closes before you finish reviewing the L/G.  
  **Likely cause:** **Save and Close** was selected.  
  **Fix:** Reopen the L/G record and use **Save** when you need to remain on the form.

## Related pages

- [Letters Of Guaranties — Overview](doc:letters-of-guaranties-overview)
- [Letters Of Guaranties — Learning Path](doc:workflows-letters-of-guaranties-2)