21 August 2011
you need to maintain one proper Bank guarantee register, which contains details like 1. BG No 2. BG Favoring 3. Bank Name 4. BG nature (financial or performance bg 5. BG Project cost center 6. BG value 7. BG margin money paid 8. BG charges paid 9. BG Validity 10. BG expiry date
In this only margin money & charges having finance effect and entry other need to be maintain details purpose