Netting Rules

Back Office > Payments > Payment Settings > Netting Rule

Here you set up rules for how payments should be handled, if the payment should be netted or not, if the bank will Auto debit the account etc. 

1. Make the selection for the different payments, for example on Counterparties and/or Deal types. Select neetting types (listed below). Write a comment to remember what the rules is for.

Netting Types 

1. Net : Groups netting by Date, Asset and sender/receiver Accounts. 
2. Gross : Selected cash flows will be netted by sign, positive amount will be summed up and negative amounts will be summed separately. 
3. Single : One cash flow will be one payment.
4. Net by Deal : Net cash flow within the same deal id.
5. Manual : Same as Netting Type Single, but payment will NOT be exported. 
6. AutoDebNet: Selected cash flows will be netted and and the amount will be auto debited. No payment will be exported
7. AutoDebGross: Selected cash flows will be netted by sign, positive amount will be summed up and negative amounts will be summed separately. No payment will be exported
8. AutoDeb: Selected cash flows will be auto debited, one by one. No payment will be exported.
9. ManualNet: Selected cash flows will be Netted and set to Manual. No payment will be exported.