1789629 - How to Offset Open Items Payables with Open Items Receivables

A business partner with both the Customer and Supplier roles was maintained in the system.
A Customer Invoice and a Supplier invoice of the same amount was created for this business partner.

Now, it is desired to clear both open items against each other.

SAP Business ByDesign

• In the Receivables workcenter navigate to the Customers view and there to the  Customer Accounts subview.
• Select the relevant customer and choose  View to access the Trade Receivables - Invoices/Payments Tab of the customer account monitor. Here the open customer invoice can be seen.
• In the Payables workcenter navigate to the Suppliers view and there to the Supplier Accounts view.
• Select the relevant supplier and choose View to access the Trade Payables -Invoices/Payments Tab. Notice the open supplier invoice with the same amount as the customer invoice in the receivables account.

Now, it is desired to clear both open items against each other.

It is possible to scope the Netting of payables and receivables functionality. This functionality enables the manual clearing of open payables with open receivables items from either the customer account or the supplier account monitor.

To enable the Netting of payables and receivables function, follow the steps below:

1. Open the Solution profile.
2. Navigate to phase 4- Questions.
3. Expand Cash Flow Management.
4. Then expand Payables and Receivables Processing.
5. Select Payments and Clearing.
6. Under Group: Netting of payables and receivables mark the question Do you want to enable Netting of payables and receivables as In Scope.
7. After the scoping has been updated, it will be possible to manually clear open payables with open receivables.

2348231 - Netting Functionality: For a Mixed Account The Supplier Invoices Are Not Displayed as Open Items In The Customer Account Monitor And The Opposite Is Also True

Netting, Clearing, Supplier, Customer , KBA , SRD-FIN-ACP , Payables , How To