WS: FIN: Understanding the AP and AR Netting Process (P03455)
(Doc ID 814193.1)
Last updated on APRIL 04, 2024
Applies to:
JD Edwards World Accounts Payable - Version A8.1 cume 2 and laterJD Edwards World Accounts Receivable - Version A8.1 cume 2 and later
Information in this document applies to any platform.
Purpose
This document describes the process to net A/P and A/R transactions, including how to delete, post, and void (roll back) netting transactions. The netting programs are available in release A8.1 and subsequent release levels.
Scope
For all clients on release A8.1 or higher who have suppliers as their customers and use both the JD Edwards World Accounts Payable and Accounts Receivable systems.
Details
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In this Document
Purpose |
Scope |
Details |
Overview of the Netting Process |
Setting Up the System for Netting |
Determining Liabilities (Netting Results) |
Understanding the Netting Program (P03455) |
Transaction Details of the Netting Process |
Processing Option Considerations for P03455 |
Features of the Netting Program |
Displaying Transactions - System Totals, Selected Totals, and Net Amounts |
Recalculating the Totals on Selected Transactions |
Understanding the Subfile Display |
Changing the G/L Date |
Toggling Between A/R Stand-Alone Netting and A/P Stand-Alone Netting Versions |
Steps for Netting Transactions using the Stand-Alone Netting Program (P03455) |
Reviewing the Results of Standalone Netting |
Steps to Delete Unposted Netted Transactions |
Steps to Post Netted Transactions |
Processing Payments and Receipts for Netted Transactions |
Netting Transactions During the Payment Process |
Steps for Netting using Payment with Voucher Match (P04102) |
Steps for Netting from Receipts Entry (P03103) |
Voiding (Rolling Back) Posted Netting Transactions |
Steps to Voiding A/P Payments and Rolling Back the Netting Transactions |
Steps to Voiding A/R Receipts and Rolling Back the Netting Transactions |
Multicurrency Netting |
References |