AP/AR Netting: How to Control the GL Date Use When Reversing a Netting Batch
(Doc ID 1622738.1)
Last updated on JULY 04, 2019
Applies to:Oracle Receivables - Version 12.1.1 and later
Information in this document applies to any platform.
When creating a Netting Batch Reversal, the batch is being accounted in the wrong month, because of the inability to control/change the Reversal GL_DATE.
Use the 25th of each Month for Transaction and Settlement Date, and the last day of the previous month for the GL Date.
The Invoicing cycle is always one month behind. So, when reversing the Netting Batch, the reversal will always occur in the following month.
When reversing the Netting Batch, there does not appear to be any options to give the reversal GL Date.
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