Netting Settlement Letter

Overview

Select the Generate Netting Letter option for an agreement to receive a netting settlement letter for yourself and your third party every time a settlement takes place. The netting letter generation process automatically runs when the netting manager submits a settlement, or creates a settlement without review. You can access the report from the Financial Reporting Center.

The netting settlement letter lists the following invoices and transactions:

The Payables invoices that were netted, which includes the following parameters:
- Invoice Number
- Invoice Type
- Invoice Date
- Invoice Amount
- Netted Amount
- Invoice Currency
- Invoice Total
- Netted Total
The Receivables transactions that were netted, which includes the following parameters:
- Transaction Number
- Transaction Type
- Transaction Date
- Transaction Amount
- Netted Amount
- Transaction Currency
- Transaction Total
- Netted Total

This graphic illustrates a sample netting settlement letter for Payables transactions. — The following figure of a netting settlement letter sample lists only the Payables transactions that were netted:

The following figure of a netting settlement letter sample lists only the Receivables transactions that were netted:

This graphic illustrates a sample netting settlement letter for Receivables transactions.

Key Insights

The settlement process runs the report automatically, and sends the letter to your third party. You can view the letter from the Financial Reporting Center.

Frequently Asked Questions

The following table lists frequently asked questions about the netting settlement letter.

FAQ	Answer
How do I find this report?	Schedule and run this report from the Scheduled Processes work area on the Navigator menu. You can also select the Generate Netting Letter for your Netting Agreement, and download the letter from the Financial Reporting Center when a settlement is settled.
Who uses this report?	Netting Manager.
When do I use this report?	Use this report when a netting settlement is settled.
What can I do with this report?	Run the report for a settlement for your legal entity. The report can be emailed to your trading partner automatically. If the Send Letters by Email option is selected on the Agreement, an email of the settlement letter is sent to the third party.
What type of reports are these?	Oracle Analytics Publisher.