Understanding the Net Closing Process in Pay Cycle Manager

Here is a more detailed look at the Netting Closing Application Engine processes, TR_NET_CLOSE and TR_NET_ARCLS, which launch from Pay Cycle Manager (AP_APY2015). These processes close the netting population of the AR and AP transactions that are selected for netting. Closing refers to updating the transactions in the netting tables as well as updating transactions in the AP and AR tables. Inserts are done in certain situations. (For example, if an AP payment is greater than the AR balance, PeopleSoft inserts a new line in AP for the remaining balance not offset by the receivable amount.)