Netting between vendor and customer invoice

[Former Member]

Hello,

I have to set the netting procedure between vendor and customer invoice.

I know that the following setting are mandatory:

1) Enter the corresponding customer/vendor master number in each other's masters to link the cusomter and vendor.

2) Select "Clearing with vendor/cutomer" field in each master.

I have to understand which are the other settings to have the netting with the F110 transaction.

For example I need to know the setting for the PAYMENT METHOD to be used.

Please let me know which are all the settings to implement this procedure.

Thanks a lot,

Emanuela

[former_member851315]

HI,

the 2 imp settings are entering vendor number in customer master and customer number in vendor master, and selecting clearing against customer in vendor master and clearing against vendor in customer master. These are the most important settings.

But the other things u can check is Partner Bank type, Currency are same.

While doing payment run check the postings are made in same currency other wise it will show u an error debit balance still exits.. and it will not be selected in proposal.

No need think about the payment program, the main important thing is make sure that the variant u are using is having payment method attached is same as vendor master/customer master, as if payment method is not mentioned in variant it will not do the payment run.

Thanks

Sri