Running inter-entity netting

  1. Select Financials > Global Ledger > Processing > Journal > Inter Entity Netting.
  2. Specify this information:
    Accounting Entity Option
    Select whether the inter-entity netting will be for all accounting entities, a single accounting entity, or an accounting entity group.
    Accounting Entity
    If you selected Single for the Accounting Entity Option, select an accounting entity.
    Accounting Entity Group
    If you selected Group for the Accounting Entity Option, select an accounting entity group.
    Period Option
    Select whether the inter-entity netting will be for a specific period or all periods.
    Period
    If you selected Specify Period for the Period Option, select a period.
    Approval Required
    Select this check box if approval is required. Journals will be created with a status of Posted unless this check box is selected. Journals with approval required will be created with a status of Waiting Approval. Journals with approval required will be created with a status of Released if the journal amount is within the approval limit.
    Approval Code
    If the Approval Required check box is selected, select an approval code.
  3. Click OK.