netting-steps latest - oracle fusion apps · 2017. 5. 9. · title: netting-steps latest.pages...

h"p://apps2fusion.com NETTING STEPS IN R12

For this guided demonstraAon, the steps are 1. Create a Dummy Bank and its bank account for AP/AR NeJng

2. Create a AP/AR NeJng Receivable Class

3. In Receivable system opAons, check the payment to unrelated transacAon

4. Create neJng agreement

5. Create neJng batch

Create a Dummy Bank branch and bank Account

�

Now create a Bank

�

http://apps2fusion.com


�

�

�



�

�

�

�



�

�

�



�

�



�

Now we need to create a customer

�

Create customer account site

�



�

An account has been created as shown below

�

ARer creaAng the customer, now let us create a supplier for this example

�



�

�

�



�

�



Now, need to ensure that the checks payment is enabled.

�

Payment method named check should be enabled.

�

�



�

Save the check payment

�

Next, we need to create a neJng agreement between the supplier and the customer, so that neJng can take place between any two given parAes.

Use the menu opAon, as shown below.

�



�

When creaAng neJng agreement, you can specify how many days worth of Past Due Items you would like to Net. Also you can specify neJng ordering rule

�

�

NeJng agreement window

�

�



�

�

Now the neJng agreement has been created. You can now query and update the neJng agreement as required.

�



�

Now create a neJng batch

�

�

�



� This batch will go into an error because there are no invoices in payables or receivables yet for this customer or vendor.

�

�



�

�

Now create Receivables Invoice

�



�

�

�



�

And now create a new batch

�

This Ame create a batch with name ARUNA1

�

�



�

�

�



�

�

Run the payment batch now in Payables

Only 10,000/-‐ payment will be processed

�



�

�


netting-steps latest - oracle fusion apps · 2017. 5. 9. · title: netting-steps latest.pages...

Documents