Overview of Netting Agreements

Use netting agreement to control how a group of trading partners net Payables and Receivables transactions.

You can create a netting agreement for each group of trading partners that agrees to net transactions. Netting agreements include the business rules. These business rules define the transaction types that may be selected for netting, and which suppliers and customers can be netted.

You can access the Manage Netting Agreement page from either the Payments work area in Payables, or the Accounts Receivable work area in Receivables. The Manage Netting Agreements link is in the Customer and Supplier Balance Netting section of the Task List.