Enter Netting
Explanation
This activity is used to enter general information used in netting between
supplier installments/invoices and pre-payments,
and between customer installments/invoices and
pre-payments when the supplier and the customer are part of the same association, and
when netting
is allowed. If you want to make netting possible between a
supplier and a customer who are not a part of the same association, right-click in the
Netting window, and select Non-Restricted
Netting before you start entering the netting details.
Prerequisites
This activity requires that netting between supplier and customer is allowed. Netting
is allowed only if it has been marked in the
Payment tab of
the Supplier for
the supplier concerned.
System Effects
As a result of this entry, the netting process can continue. There are no system
effects until all information has been saved.
Window
Netting
Related Window Descriptions
Netting
Procedure
To enter netting between supplier and customer:
- Open the Netting window.
- Create a new record.
- Modify the payment date if required.
- Enter the supplier for
whom you want to carry out netting in the Supplier ID field. The List
of Values can be used to select the relevant supplier ID.
- When the supplier is entered and non-restricted
netting is not used, the system automatically displays the customer ID that
will be used for the netting.
If non-restricted netting is used, enter
the identity of the customer to be used for the netting in the Customer
ID field.
- In the Cash Account field, enter the cash account used for netting.
- Change the payment
currency if required.
-
Modify the values displayed by default in the Voucher Date,
Accounting Period, User Group and Voucher Type fields if
required.
-
Save the information.