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Netting Statements in Financial Transactions

Hi There; we are a company trading Gas and Electricity in Europe. In our business it is common practise, to do so-called "Netting" in financial transactions. - Which means: within one period (i.e. within a certain month of the year) we can have business-relationship with one an the same counterpart: we buy and sell products during the same month. At the end of the mont there is a look-up who owes what tho whom, and the payment is made for only the difference-amount between buy and sell. To do so is beeing controlled by a flag in the creditors and debitors fixed data.

Now we face a new challenge: some of our counterparts want to do netting only within one commodity. Which means: do a netting for Electricity, but not for Gas. So we can not continue to control this process by putting the flag within the creditors or debitors fixed data (because that affects ALL products we handled whith this counterpart!).

Is there some experience how to solve this, out there in the wide SAP-world? Regards: Bernhard Kretz

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    author's profile photo Former Member
    Former Member
    Posted on Jan 08, 2008 at 09:03 PM

    Hi Bernhard,

    If you are planning to use the exchange functionality of the IS-Oil then this can be taken care. You have to maintain the partners as exchange partner. Create the exchange agreements and assign the contracts only for the products which you want to nett off. This will make sure that only the transactions related to that product are picked up during netting. There is an enhancement OIANETT where you put further conditions for netting.

    Hope this helps,



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