Oracle AP AR Netting Process

[@prajaktashegokar5455]

The videos are very informative and easy to understand! Thank you!

[@OracleEbizandFusionVideos]

Thanks for your feedback

[@TheSachinmrig]

This is really appreciating effort!!! Keep it up

[@OracleEbizandFusionVideos]

Thanks for your feedback

[@raghuraghu-hi7qm]

thanks lot aravind, eaisly understood❣

[@OracleEbizandFusionVideos]

Thanks

[@m1thun]

Very precise and concise 👌👌👌

[@OracleEbizandFusionVideos]

Thanks a lot 😊

[@sahooprasanna]

Very nicely and well explained

[@OracleEbizandFusionVideos]

Glad you liked it

[@khalidsulimani6436]

That was very neat and helpful thank you!

[@OracleEbizandFusionVideos]

Glad it was helpful!

[@moheebmerchant2542]

Great video sir...thanks...

[@OracleEbizandFusionVideos]

Thanks for your feedback

[@WorldEye88]

Thank you for the clear presentation. Very useful.

[@OracleEbizandFusionVideos]

Thanks for the feedback

[@nabanitapal8344]

Easily understood the basic workflow of netting. Thank you. Please upload a video on sub-netting process.

[@OracleEbizandFusionVideos]

Sub netting???? Can you please elaborate

[@nabanitapal8344]

@@OracleEbizandFusionVideos Interviewer asked me netting and sub-netting process. I was able to answer netting. There is no video on Sub-netting,so requested the same.

[@ASHOKkumar-ij6nd]

What are the additional setups needed, if we are using Document sequence for AP and AR.

[@OracleEbizandFusionVideos]

Please check if the below video on my channel regarding document sequencing helps in answering your question:- kzbin.info/www/bejne/h4GyYaqkm7l0b7c

[@abhitoshkumarviral]

very nice videos and very easy to understand even difficult topics too. can we have the all topics in there respective playlist, because all videos are in same place of all finance modules. if these things would available in there respective playlist then so it would easy to search. Thanks :)

[@OracleEbizandFusionVideos]

Thanks. Based on your suggestion, i had created playlist each of the modules and added the concerned videos under the playlist

[@AbdulMannan-rj7lo]

Perfect explaination, kindly upload video about how to setup Manual Credit Memo approval either using AR Or iReceivables, Thank you in advance.

[@OracleEbizandFusionVideos]

Sure

[@hmbIrfon]

Superb brother

[@OracleEbizandFusionVideos]

Thanks

[@sekharchandu1396]

Nice video every can understand easily great work

[@OracleEbizandFusionVideos]

Thanks Sekhar

[@jibrannasir8121]

Brilliant useful video,awesome

[@OracleEbizandFusionVideos]

Glad it was helpful!

[@jasmin9311]

Very informative. I have one requirement. Is there any way by which automatic communication be sent to vendors via e-mail, when AP/AR netting is done on EBS?

[@OracleEbizandFusionVideos]

You can also try to schedule "Generate Netting Batch" program... When you are running this program, under Delivery options, you can specify the email id who should be receiving the output of this program... Check if the output of this program is sufficient for the Vendor.

[@jasmin9311]

@@OracleEbizandFusionVideos sure will check that. Thank you so much for the input.

[@coolzami1]

Hi Aravind, Thank you very much for the useful videos. Kindly upload customer refund ( Receipt & Credit Memo ) process videos.

[@OracleEbizandFusionVideos]

Please see below video on AR Refund:- kzbin.info/www/bejne/sJS4iISorbZ6aM0

[@coolzami1]

@@OracleEbizandFusionVideos Hi Aravind. Thanks for this video. Can you please upload refund payment video. Also I want to know whether we can refund credit memo issued to customer.

[@OracleEbizandFusionVideos]

Yes, you create refunds for your On Account credit memos.....Query the On-Account Credit Memo, use toolbar menu, Action > Applications, and proceed in the same steps described in this video

[@arund1908]

Is it possible to net cross currency payments I.e. vendor is in USD and customer is in OMR, in this case how netting can be done?

[@playlistofsoul]

I think you can choose option in the netting currency rule: convert to accounting currency

[@KumR]

Good one. Is this available in Fusion ?

[@OracleEbizandFusionVideos]

Yes, AP AR netting process available in Oracle Fusion cloud as well

[@balasubramani1114]

Very much informative..

[@OracleEbizandFusionVideos]

Thanks Bala

[@ghodighosh9050]

Great video.. Can you please upload a video on Payment Process Request of AP module.?

[@OracleEbizandFusionVideos]

Sure. I will try to make my next video on PPR process in AP.... Stay tuned

[@OracleEbizandFusionVideos]

Hi, based on your request, i had created video on AP PPR. Please refer the below:- kzbin.info/www/bejne/rXrXaImOmL54pbs

[@AnilKumar.B9]

Good Video. Thank you

[@OracleEbizandFusionVideos]

Thanks

[@Raj-xw1lv]

Interesting video..Great work..Can you let me know for netting purpose is it mandatory to make separate dummy account that enable as netting control account or can we use our cash account as netting account?

[@OracleEbizandFusionVideos]

You can use your cash account

[@anelmah]

Nice

[@OracleEbizandFusionVideos]

Thanks

[@playlistofsoul]

Thanks for video. Is it possible to submit mass netting batch? Or it has to submit each netting batch?

[@OracleEbizandFusionVideos]

Hi, Refer Oracle Support Note id:- 1336994.1, Oracle now made it available to run the netting batch via a concurrent program... So, you can schedule the program and include your concerned netting batches in your criteria

[@playlistofsoul]

@@OracleEbizandFusionVideos Thanks for your response! Could I know the name of the program, I mean this program is from Oracle or we have to build it?

[@pavankumarpurohit559]

Hi request for provide a video on ebiz tax , get and India localization

[@OracleEbizandFusionVideos]

Sure. I will include this to my list of topics

[@pressadredhy2506]

Here where we create relationship between supplier and customer??

[@OracleEbizandFusionVideos]

Watch the entire video... i have covered this part...Its created under Netting Agreement

[@pressadredhy2506]

@@OracleEbizandFusionVideos ya....I understood this....thq

[@pressadredhy2506]

@@OracleEbizandFusionVideos hi....it's my small request..if you have any MD50 document...please share it....my mai id : [e-mail]

[@OracleEbizandFusionVideos]

Unfortunately MD050 documents are client specific and they have confidential information hence i cannot share them... You can google it and you can find sample documents.

[@pressadredhy2506]

@@OracleEbizandFusionVideos yah!...I can understood .. please share us any links relates to md50

[@elisabethverawati9886]

how to use multiple currency in netting process?

[@OracleEbizandFusionVideos]

Review of the Netting agreement and select the following options: a. Select Only Past Due Transactions: No b. Netting Order Rule: Due Date (oldest to most recent) c. Netting Balance Rule: Net Always d. Netting Currency Rule: Convert to Accounting Currency e. The option "Multiple Currency Receipts" is set to "Y" for the netting bank account

[@elisabethverawati9886]

@@OracleEbizandFusionVideos for Netting batch use rate in User, but which rate do I enter? if i have AP in USD and AR in EUR

[@gonavarone]

Gug

[@OracleEbizandFusionVideos]

Thanks