R12 AP/AR Netting Slides I

In this posting lets see the basic Netting Setups:


Steps involved in processing the Netting Setups are:

1. Create a customer in AR
2. Create a Supplier in AP
3. Define a Netting Bank Account
4. Enter Customer Invoice
    The invoice must be in status "Complete"
5. Enter Suppliers Invoice
    The invoice must be validated and have terms as Immediate.

The above slides show us until the invoices are created in both AP and AR. The Netting Agreement and Batch details slides will be posted i next session.