Netting

Use

Transactions from Money market, Foreign exchange and Derivatives can be brought together and paid collectively with Netting. Situations can arise where several transactions are to be paid collectively; this happens especially with transactions with business partners that are not house banks i.e they require the exchange of payments.

 

Prerequisites

The transactions must be created in the same company code with the same business partner in the same currency and with identical payment details.

Activities

The allocation of individual transactions for netting means that payment requests are generated that come under one grouping key and are processed collectively in the extended payment program. The SAP R/3 System does not allow later changes to netting-relevant data in individual transactions.

Features