E1: 03B/04: Overview EnterpriseOne A/R and A/P Netting (P03B455)
(Doc ID 1990114.1)
Last updated on APRIL 06, 2020
Applies to:JD Edwards EnterpriseOne Accounts Receivable - Version 8.11 Base and later
JD Edwards EnterpriseOne Accounts Payable - Version 8.11 Base and later
Information in this document applies to any platform.
AP/AR netting allows you to move A/R documents such as invoices, credit memos and unapplied receipts to A/P. That way these can be paid using A/P payments, or matched to A/P vouchers or debit memos. Similarly, it allows you to move A/P documents such as vouchers and debit memos to A/R to then match them to A/R receipts, or match them to A/R invoices or credit memos. This results in a consolidation of transactions where you need them, either in A/R or A/P, depending on the situation and on the company you’re doing business with.
This document helps you set up and use the A/R and A/P netting process within JD Edwards EnterpriseOne Accounts Receivable and Accounts Payable systems.
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In this Document
|Before Manual Netting|
|After Manual Netting|
|AP Versus AR Netting|
|Required Setup for Netting|
|Automatic Accounting Instructions (AAIs)|
|Understanding the Netting Process|
|Document Types NOT used (allowed) as Source Documents|
|Verify Transactions are Eligible for Netting|
|Manual Netting (P03B455)|
|Steps To Process AP Netting within EnterpriseOne|
|Steps To Process AR Netting within EnterpriseOne|
|Voiding/Deleting Netting Transactions|
|Steps to void a posted netting transaction|
|Frequently Asked Netting Questions|
|Question 1: How can Next Numbers be set up specific for netting?|
|Question 2: Is it possible to setup and perform AP/AR Netting with Alternate Payee which is common for both supplier and customer?|
|Question 3: How do you process Unapplied Cash Receipts Using Netting|
|Question 4: How to use Netting to Offset AP and AR documents?|
|Question 5: Not able to see the Voucher within the netting tab, why?|
|Question 6: In 9.1, why are my attempts to reclassify an invoice or credit memo to an Accounts Payable transaction failing when no error is being issued?|
|Question 7: Is it possible to create a single summarizing transfer document to reclassify multiple documents?|
|Question 8: Trying to void a netting transaction and receive error "Void or Delete Invalid". Why is that?|
|Question 9: Has the P03B455 been localized to work with the JDE1 localizations?|
|Question 10: Is it possible to pass the customer remarks from the Accounts Receivable Ledger (F03B11) to the Accounts Payable Ledger (F0411) (RMK) in the voucher creation process in the AR/AP netting program (P03B455)?|
|Netting With Discounts Questions|
|Question 1: Is Processing Option 1: Discount to Be Taken on the Discounts tab of Netting Entry (P03B455) used for A/P or A/R netting or both?|
|Question 2: What is populated in the Discount Taken Field if Processing Option 1: Discount to Be Taken on the Discounts tab is set to 1?|
|Netting With Currency Questions|
|Question 1: Why is Currency Code (CRCD) a required field the Netting application (P03B455)?|