Netting

former_member680448 · ‎11-10-2009

Hello all,

Can any one please explain the steps to be covered in the "Netting" process. Whether "Netting" is useful for Inventory balance or financial balance. While executing the transaction O3B7, we could found that there are many documents collated together as receipts, issues and pure financial postings. Please explain, how these documents have been collated and also the indicators in the initial screen - "LIA incl ind, PFA incl ind".

thanks & regards

Chaitanya Rayaprolu

Former Member · ‎03-24-2010

Hi ,

Netting is a process of checking the differenc between delivery and recipts. It is used in exchanges. Netting document have a details about all transaction happened during that period with his trading partner.Eg product sale to partner is delivery and purchase from partner is receipt. Based on this it will generate the difference. As per the business it will carry forward it or steeled over the same period. Many industries done netting in monthly basis. There is netting of fees taxes or product as well.

Thank You

Pravin

Former Member · ‎03-25-2010

Netting is a process in which the reciept and deleveries are compared Netting document have a details about all transaction happened during that period with his trading partner.Eg product sale to partner is delivery and purchase from partner is receipt. Based on this it will generate the difference. Iif we wont to do the neeting for the exchange is to be decided during creation of Exchange aggrenment. During exchange aggrenment creation please check the box of netting active. This will allow the system to group together all the reciept / deleveries during neeting

Thanks,

Manish

Former Member · ‎03-25-2010

Netting is a process in which the reciept and deleveries are compared Netting document have a details about all transaction happened during that period with his trading partner.Eg product sale to partner is delivery and purchase from partner is receipt. Based on this it will generate the difference. Iif we wont to do the neeting for the exchange is to be decided during creation of Exchange aggrenment. During exchange aggrenment creation please check the box of netting active. This will allow the system to group together all the reciept / deleveries during neeting

If this suffice kindly give me points

Thanks,

Niranjan

former_member680448 · ‎04-29-2010

thanks