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What is AP/AR Netting? Oracle AP/AR Netting allows you to net your Payable  invoice balances against your Receivables invoice balances for those Customers who are also your Suppliers. For example, If you have a customer who is also your supplier, then rather than him paying you and then you paying him, AP/AR netting allows you to pay the net difference between how much you owe the supplier and how much he owes you. After establishing a netting agreement with such trading partners, you set up the agreement and the rules associated with it in eBusiness Suite and you can then start to net AP and AR transactions. Setups for AP/AR Netting : In Brief Netting Bank Account ·           Receivables System Options ·           Netting batch ·           Approver Chargeable Subcontracting ·           Netting Agreement ...

Introduction  :  Organisations always Aim for the follwing objects.  1.Reduce the cost to improve the Margin  2.Quick decesion Making.  Therefore To reduce the Reconciliation process time  so that decesion making would be faster and avoid manual errors Oracle has introduced AP/AR Netting  for the Parties who acts as Supplier and Customer for the Organisation.  What is AP/AR Netting:   In the business if a party is a supplier and also customer then the amount need to pay and elgible to receive from that Party would need to be knocked off and only the left amount received or paid need to  be settled in cash.  Oracle AP/AR Netting is  the process  where in the AP , Party who is a supplier  and also in AR where Party is a customer has some balance in their Account.  To do the settlement both AP and AR Balnce need to be knocked off and rest amount need to be paid.  How to do AP/AR Netting:   Define...