Transactions from Money Market, Foreign Exchange and Derivatives can be brought together and paid collectively with Netting. Situations can arise where several transactions are to be paid collectively; this happens especially with transactions with business partners that are not house banks i.e they require the exchange of payments.

For this purpose, transactions can be brought together in "Netting transactions".

The transactions must be created in the same company code with the same business partner and in the same currency. They must also have the same value date and identical payment details.

The "Netting/proposal list" report supports the selection of transactions that can be netted according to the criteria you have selected. You can process the netting transaction directly from the report and execute it. The allocation of individual transactions for netting means that payment requests are generated that come under one grouping key and are processed collectively in the enhanced payment program. This grouping key controls which payment requests will be separated from others. All payment requests involved in the same netting transaction receive the same unique grouping key and are, therefore, separated from other payment requests. They should not be grouped together with other requests. You cannot make retrospective changes to netting-relevant data in the individual transactions (especially due dates, amounts, house bank and payment data). A transaction linked to a netting transaction is shown as such when processed..