Balance Netting

Adobe Captivate Saturday, May 18, 2019
Slide 3 - Oracle Financials Cloud
Slide notes
Hello, my name is Giles. Welcome to training for Oracle Fusion Payables and Receivables .In this
session we talk about enhancements made to the ‘Customer and Supplier Balance Netting’ feature.
Notes
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Slide 4 - Agenda
Slide notes
For the enhancements covered in this training, we’ll give an overview, followed by more detail to explain how you can use them, and what business value
they bring.
Then we’ll walk you through a demonstration.
Next we’ll explain what you need to consider before enabling these features in your business, and what you need to know to set them up.
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Slide 5 - Enhancements Overview
Slide notes
The Netting enhancements are designed to offer more flexibility to the netting agreement setup process and the ability to schedule and generate
settlements at a convenient time for your organization. In addition, the scheduling of netting settlements can also be run for a Business Unit, or for you
Legal entity. Finally, improvements have been made to the filtering of receivables transactions to select for a settlement.
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Slide 6 - Create Netting Agreements – Pay Groups
Slide notes
The Netting Agreements setup for Pay Groups has been enhanced. Prior to 19A, users were only allowed to specify a list of pay groups to include. From
19A onwards, you can now opt to either include a set of pay groups, exclude a set of pay groups, or ignore filtering by pay groups completely and select all
pay groups. In this example, only invoices that are assigned to the PG1 and Netting Invoices pay groups will be eligible to be netted. Any invoice assigned
to a different pay group will not be included in selection.
If you wish all invoices to be eligible, regardless of which pay group is assigned, you can choose ‘All’. If you wish to exclude a set of a invoices that belong
to a pay group, but to include all others, you can specify which pay groups to exclude, using the ‘Only Exclude’ option.
Notes
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Slide 7 - Create Netting Agreements – Receivables Transaction Types
Slide notes
Similar to the ‘include/exclude’ options for pay groups, The Netting Agreements setup for Receivables transaction types has also been enhanced. Prior to
19A, users were only allowed to specify a list of transaction types to include. From 19A onwards, you can now opt to either include a set of transaction
types , exclude a set of transaction types , or ignore filtering by transaction types completely and select all transaction types . In this example, all
transaction types will be included in the selection process, except the transactions that belong to the ‘Credit Memo GSE or Credit Memo-04’ transaction
types.
If you wish all transactions to be eligible, regardless of which transaction types is assigned, you can choose ‘All’. If you wish to only include a set of a
transactions that belong to a transaction type, but to exclude all others, you can specify which transaction types to include, using the ‘Only Include’ option.
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Slide 8 - Create Netting Settlements
Slide notes
The Create Netting Settlements user interface has been enhanced to default the ‘Conversion Rate Type’ value from the
‘AR_DEFAULT_EXCHANGE_RATE_TYPE’ profile option in Manage Receivables Profile Options.
The default value will be taken from the user level. If that has not been setup, then it will be defaulted from the site level value. If neither option is set, it will
default to the ‘Corporate’ rate. In the example here, the B&L Corporate rate is defined as the user level exchange rate in the receivables profile option.
Notes
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Slide 9 - Importing Netting Agreements
Slide notes
Starting Release 19A, you can now import netting agreements via a spreadsheet, instead of using the ‘Create Netting Agreement’ user interface. This is
intended to assist customers who have very large volumes of agreements to be created. The agreements are defined in the spreadsheet. Help text exists
for each column to explain what to enter and where to populate the values from.
The file is then converted to a zip file for the ‘File Import’ process. The file can then be loaded to netting interface tables. The final step is to run a new job :
Import Netting Agreements. This will allow you to import the agreements that you created in the spreadsheet and they will be visible in the ‘Manage Netting
Agreements’ user interface, ready for use for settlement creation.
Notes
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Slide 10 - Generating Netting Settlements
Slide notes
Starting release 19A, you can now schedule the netting settlements to meet the needs of your organization. Settlements can be created either for your
Business Unit (in which case, all Legal entities assigned to the business unit will be eligible), or you can schedule the settlements based on your legal entity
(as you currently do in the ‘Manage Netting Settlements’ user interface’). In the example here, all agreements that are assigned to the ‘Netting Farming
Group’ that belong to Legal entities assigned to the ‘Progress UK’ business unit will be settled. The settlements in this example are set to ‘Settled without
review’ = ‘Yes’. When the process completes, all payables invoices and receivables transactions will be settled for all agreements that belong to the
‘Netting Farming Group’.
The primary benefit, is that settlements can be scheduled to run at a time that is convenient for your business operations, whilst still retaining control over
which agreements to choose and if you wish to review them prior to settlement or not. You can now schedule the netting settlements to meet the needs of
your organization.
Notes
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Slide 11 - Excluding Receivables Transactions
Slide notes
In this release, you can now exclude receivables transactions from being selected in the netting selection process. Any transaction that has the ‘Exclude
From Netting’ checkbox enabled will now be excluded from netting selecting the transaction. Previously, the only way to exclude a transaction was to
remove it manually from the spreadsheet.
If you have a business process whereby you wish to exclude a set of receivables transactions from being eligible from netting, you can either update the
checkbox on the UI, or, you can use the AR webservice provided to update the checkbox.
This will allow you to fine tune your netting selection of receivable transactions, before you even start to review them in the spreadsheet.
Notes
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Slide 12 - Customer and Supplier Balance Netting
Slide notes
The business benefits of these enhancements are as follows:
Ability to quickly create agreements
Ability to exclude receivables transactions that you do not want to net
Ability to schedule the netting settlements for your agreements at a convenient time for your business
Notes
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Slide 228 - Summary of Enhancement Capabilities
Slide notes
Here is the summary of the features I have talked about today…
Create agreements – how to include or exclude pay groups and receivables transaction types
Create Settlements – how to default the ‘Conversion Rate type’ when submitting a settlement
Importing Agreements – how to define agreements in a spreadsheet and upload to the netting agreements user interface
Generating settlements – how to schedule netting settlements and run the process by business unit or legal entity
Finally, I have shown you how to exclude a receivables transaction from being eligible for the netting process.
Notes
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Slide 229 - Implementation Advice
Slide notes
In this implementation advice section we will go through what you need to consider before enabling these features in your business, and what you need to
know to set them up.
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Slide 230 - Feature Impact Guidelines
Slide notes
This table depicts key update information for the features covered in this training.
All features can be accessed through existing shipped job roles.
Notes
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Slide 231 - Features Delivered Ready to Use Impact Analysis
Slide notes
This table details the impact to your current business flows for the features in this training, that are delivered ready to use by your end-users.
The Import Netting Agreements feature can be used to replace the ‘Create Netting Agreement’ user interface. You can use this to help quickly create a
large volume of agreements.
The Generate Netting Settlements feature will improve your business processes if you wish to run netting by a business unit, or if you wish to schedule the
netting process on a predetermined frequency. For example, net transactions at 11pm each week for all active agreements.
The exclude receivables transactions feature is a small scale enhancement that will have minimal impact to your existing business processes
The pay group and transaction types ‘include/exclude’ option will have minimal impact on your existing processes. There is no need to change existing
agreements. New agreements can be created with greater flexibility if entered via the user interface.
Notes
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Slide 232 - Implementation Decision Points
Slide notes
Notes
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Slide 233 - Enablement Best Practices
Slide notes
Submit Netting with ‘Settle Without Review’ = ‘No’
Allows you to fine tune settlements in a spreadsheet
Allows internal checks and audits to be performed before netting
Schedule the ‘Generate Netting Settlements’ job
Allows you to control the netting at regular frequencies
Reduces the time required for the Netting Manager to create settlements
Notes
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Slide 234 - Job Roles
Slide notes
This table details the shipped job roles that will access the new capabilities covered in this training.
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Slide 235 - Business Process Information
Slide notes
The business processes associated with the new capabilities covered in this training are detailed here.
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Slide 236 - Related Reports & BI Analytic Information
Slide notes
Reports processes that cover the new features are … the ‘Import Netting Agreements’ program and the ‘Generate Netting Settlements’ program that we
saw in the demonstration.
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Slide 237 - Associated Training
Slide notes
Other training modules that are related to these new capabilities and are recommended viewing are as follows :
The Customer and Supplier Balance netting topical essay explores these enhancements and the overall solution in detail
The File based data import for oracle financials cloud information explains how to obtain the netting agreement import templates
This concludes this presentation, thank you for listening. You can easily pause and rewind any of these slides if you require additional time to take in the
detail.’
Notes
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Adobe Captivate Saturday, May 18, 2019

Slide 3 - Oracle Financials Cloud

Slide 5 - Enhancements Overview

Slide 6 - Create Netting Agreements – Pay Groups

Slide 7 - Create Netting Agreements – Receivables Transaction Types

Slide 8 - Create Netting Settlements

Slide 9 - Importing Netting Agreements

Slide 10 - Generating Netting Settlements

Slide 11 - Excluding Receivables Transactions

Slide 12 - Customer and Supplier Balance Netting

Slide 228 - Summary of Enhancement Capabilities

Slide 229 - Implementation Advice

Slide 230 - Feature Impact Guidelines

Slide 231 - Features Delivered Ready to Use Impact Analysis

Slide 232 - Implementation Decision Points

Slide 233 - Enablement Best Practices

Slide 234 - Job Roles

Slide 235 - Business Process Information

Slide 236 - Related Reports & BI Analytic Information

Slide 237 - Associated Training

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