Q&A Café: Netting Payables Receivables in SAP Business ByDesign
Watch this session to understand how to use SAP Business ByDesign to net payables against receivables. Netting is the process of offsetting payables with receivables to partially or completely clear the open items. In an organization receivables and payables transactions occur between the organization and the business partners. Such receivables and payables items are posted to the respective customer or supplier account. All the receivables and payables pertaining to a customer account is processed in customer account monitor and similarly the due/open items pertaining to a supplier account is processed in the supplier account monitor.