Comments on: R12 : Setting up for AP/AR Netting

By: Dilip

Dilip — Fri, 15 Oct 2010 02:39:23 +0000

While i create the netting agreement, i am not able to see the Bank Account in the LOV.

I have done the foll.

1) Created a Dummy bank, branch and acocunt and marked it as a netting account.

2) Created a doc seq.

3) Enabled the flag in system option.

could you let me know what am i missing.

thanks, Dilip

By: sachin

sachin — Tue, 07 Apr 2009 13:47:50 +0000

In netting receipt accounting, the netting control account is not coming. It is showing cash account..What could be missing?

By: Kumar

Kumar — Sat, 19 Jul 2008 13:54:11 +0000

Hi can any one help me how to apply Inter company Receipts (I hav a common customer in 2 companies, now he send one receipt for both companies outstanding). how can i apply this receipt???

R12 environment.

pls help me in this context.

cheers
Kumar.

By: Sanjit Anand

Sanjit Anand — Fri, 04 Jul 2008 09:08:31 +0000

Dear Bobby,

Not sure, what version you are using

if you are in 11i, there is something called Contra Charging, where supplier and customer as treated as customer and supplier to each other and at the end of month, you need to net off the amount and then raise credit memo or debit memo depends what is total net off amount.

In R12, The same functionality have been enhanced by Ap-AR netting.

If you need any further information , do let me know, i will help you.

there is seperate Post in some time, just check the details
Sanjit

By: Bobby

Bobby — Fri, 04 Jul 2008 08:50:23 +0000

Hi,
I have a situation where I want to create a single payment to multiple sites of a supplier.

Also the same time the supplier sites acts as customer.

In the end of the day, I will have to both pay and collect money from the sites…

Can I utilize the AP/AR netting for this scenario?

Also the preference of netting is payments. (90% of the time I need to pay the sites after netting)

Please throw some light on this scenario.