My Oracle Support Banner

AP/AR Netting: Setup and Usage (Doc ID 1399565.1)

Last updated on JULY 13, 2020

Applies to:

Oracle Payables - Version 12.0.0 and later
Oracle Receivables - Version 12.0.0 and later
Information in this document applies to any platform.

Purpose

Oracle Receivables (AR): Receipts Workbench Information Center > 1399565.1

This document provides an overview of the AP/AR Netting Process in Release 12.
It contains information on the various components that make up the AP/AR Netting process,
including setup requirements, how to create a Netting Agreement and sample output.

Scope

 

Details

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!


In this Document
Purpose
Scope
Details
 1. Overview of AP / AR Netting
 2. Setup Requirements for AP / AR Netting
    a. Create a Customer in Receivables
    b. Create a Supplier in Payables
    c. Define a Netting Bank Account in Payables
    d. Associate your Bank Account to The Receipt Class AP/AR Netting in Receivables
    e. Check the “Allow payment of unrelated transactions” in Receivables
    f. Check Sequential Numbering Setup
    g. Review Descriptive Flexfield (DFF) setup
 3. Create a transaction in Receivables
 4. Enter an invoice for your supplier
 5. Validate the Invoice
 6.  Create a Netting Agreement
 7. Create a Netting Batch
 8. Submit the Batch
 9. View Final Netting Report
 10. Query the Netting Receipt
 Responsibility: Receivables Manager
Navigation: Receipts > Receipts


 
11. Once an AP/AR netting agreement is created, is there a way to submit the netting batch via a scheduled concurrent process to avoid having to run the Netting batch manually?
 Still Have Questions?
References

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.