AP-AR Netting

Release 12

Agenda Overview Netting Accounting Netting Setup Steps Netting Agreement Netting Process Creating Netting Bank Account Configuring AP AR Netting Receipt Class Creating Payables Invoice For Netting Creating Receivables Transaction for Netting Creating Netting Agreement Creating and Submitting Netting Batch Reviewing Payments and Receipts Created

by Netting Program

Overview

Organization

SupplierAPEX

CustomerAPEX

AR TRXAP INV

TRX: 50 EGPINV: 100 EGP

Netting Outcome :Invoice: 50 EGP

11i VS R 12

R 12 AP AR Netting

Federal Financial Netting

Contra Charging

11 i

11 i

R 12

Netting Accounting

Organization

SupplierAPEX

CustomerAPEX

AR TRXAP INV

TRX: 50 EGPINV: 100 EGP

Receipt: 50 EGPPayment: 50 EGP

Netting Bank AccountNetting Bank Account

TRX:50 DR Receivables

50 CR Revenue

:Netting Receipt50 DR Netting

50 CR Receivables

INV:100 DR Expense

100 CR Payables

Netting Payment:50 DR Payables

50 CR Netting

Payment:50 DR Payables

50 CR Cash

Netting Setup Steps

Create GL Account: Netting Control Account

Create Netting Bank Account

Configure AP AR Netting Receipt

Class

Create Netting Agreement

Netting Agreement

Organization

SupplierAPEX

CustomerAPEX

AR TRXAP INV

TRX: 50 EGPINV: 100 EGP

Netting Outcome :Invoice: 50 EGP

Netting Agreement

Criteria

AP AR Netting ProcessCreate Netting

Batch

View Proposed Netting Report

Add/Delete Invoices-TRX

Submit Netting Batch

View Final Netting Report

Creating Netting Account

Creating Netting Bank Account

Configuring AP AR Netting Receipt Class

Creating Payables Invoice For Netting

Creating Receivables Transaction for Netting

Creating Netting Agreement

Creating and Submitting Netting Batch

Reviewing Payments and Receipts Created by Netting

Program