Netting Setup

Netting Setup
Netting In Account Payable Step:- 1 N-> Setup Payment Bank and Bank Branches Create a Bank branch and bank Account Bank Name AP/AR NETTING Bank Branch AP/AR BRANCH Account Number AP/AR NETTING Bank Account Name TEST AP/AR NETTING Currency USD Country India Address D-20, NOIDA UTTAR PRADESH 201301, INDIA Cash A/C/ Netting Control A/C Cash Clearing A/C Netting Account Note Bank Name and Bank Branch 01-000-1110-0000-000 01-000-1250-0000-000 Yes Do not create Manage Payment Document when creating a Netting Bank Account

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Netting Setup

Bank Account

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Netting Setup

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Netting Setup

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Netting Setup

Create Receivable Class IN Account Receivable Step:-2 N-> Setup Receipt Receipt Class Create AP/AR Netting Receivable Class Receipt Class AP/AR Netting Receipt Method AP/AR Netting(1) Printed Name AP/AR Netting Attach the Netting Bank Cash Account 01-000-1110-0000-000

This is seeded Receipt Class

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Netting Setup

Step:- 3 Create System Option System Option OU

IN Account Receivable N-> Setup System System Options Vision Operations

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Netting Setup

Step:-4 Create Customer Customer

IN Account Receivable N-> Customer Customer TEST NETTING

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Netting Setup

Step:-5 Create Supplier Supplier

In Account Payable N-> Supplier Enter NETTING SUPPLIER

Address Page 8

Netting Setup

Payment Detail

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Netting Setup

Then Save Step:-6 Create Netting Agreement

IN Account Receivable N->Receipt ->Netting ->Netting Agreement

Operating Unit Vision Operations Netting Agreement Name Test Netting Agreement Netting Bank Account TEST AP/AR NETTING Select Only Past Due Receivables NO Transactions Payables Invoice Types Standard Receivables Transaction Type Invoice

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Netting Setup Select Supplier Supplier Site Select Customer Customer Location NETTING SUPPLIER NETTING

TEST NETTING 15653

Step:-7 Create AR Transaction Transaction Type Transaction Source Customer Transaction No Amount Transaction No Amount Transaction No Amount Step:-8 Create AP Invoice Supplier Invoice No Amount Step:-9 Do Netting Create Netting Batch

Error When complete the AR Transaction Invoice MANUAL-OTHER TEST NETTING 100000 40000 100021 42525 100022 7500

90025

NETTING SUPPLIER Test-Netting-1 151000

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Netting Setup Netting Batch Test Netting Batch

Re-Query the Netting Batch

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Netting Setup Output of Netting

After that we will find Automatic AR Receipt created and Apply on AR Invoice Page 13

Netting Setup

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And also Payment of AP Invoice

Then after Re-Query the AP Invoice and Payment The Balance Amount.

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Netting Setup

Re-Query the AP Invoice to View the final detail of Payment of Invoice.

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Netting Setup

Step:- 1 Step:- 2 Step:- 3 Step:- 4 Step:- 5 Step:- 6 Step:- 7 Step:- 8 Step:- 9

Create a Bank branch and bank Account Create AP/AR Netting Receivable Class Create System Option Create Customer Create Supplier Create Netting Agreement Create AR Transaction Create AP Invoice Create Netting Batch

a Netting Bank Account

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Netting Setup

This is seeded Receipt Class

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Transaction Type

MANUAL-OTHER

When complete the AR Transaction system is giving error

Error Fixed Wrong Auto-accounting Define for Revenue.

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Netting Setup

counting Define for Revenue.

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