AP/AR NETTING SETUP
Cash Management
1. Define AP/AR Bank
2. Define Bank Account (Netting Control Account)
3. While creating Bank Account, Select ‘Yes’ for Netting Account.
Receivables
1. System Options: Enable Check Box “Allow Payment of Unrelated Transactions”
2. Receipt Classes: AP/AR Netting. Enter ‘Bank Accounts’ information.
Payables
1. Create Netting Agreement
2. Create Netting Batch
3. Run Proposed Netting Report
4. submit Netting Batch
5. Run Final Netting Report
Cash Management
1. Define AP/AR Bank
2. Define Bank Account (Netting Control Account)
3. While creating Bank Account, Select ‘Yes’ for Netting Account.
Receivables
1. System Options: Enable Check Box “Allow Payment of Unrelated Transactions”
2. Receipt Classes: AP/AR Netting. Enter ‘Bank Accounts’ information.
Payables
1. Create Netting Agreement
2. Create Netting Batch
3. Run Proposed Netting Report
4. submit Netting Batch
5. Run Final Netting Report
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