Netting of AP and AR balance

[Priyank]

Hello Expert, 

How can I do a contra to net off an AP balance and an AR balance, it is for the same company and amount?

I can post a payment in and out as a workaround, but just wanted to check if it is possible to do a contra first?

Kind Regards,

Priyank

[OwenLiu]

Please check whether this is a solution:

https://answers.sap.com/questions/8160434/net-off-against-ap-and-ar-sub-ledgers.html

[Priyank]

Hello owen.liu , i can not find Control tab In Suplier/Customer Master data ?. is this solution for cloud ?

Apreicate your Support.

Kind Regards,

[OwenLiu]

priaynk_barot This should be for ECC. I'm not sure whether all of them are supported in Cloud.

[former_member132363]

Here are some SAP resources you may review based on your topic "of | ar balance | payment | ap"

Cutover Tips (Focusing on Finance Scope)

May 29, 2019 ... The key templates related to finance transactional data are shown below: ... account and the balance in the system including AP items not cleared and AR ... The incoming payment balance must be cleared against customer?...

https://blogs.sap.com/?p=126

2568072 - You Are Unable to Close a Bank Account as Balance Is ...

You are not able to close a bank account, even though the closing balance of your last ... Bank Currency, Closing Balance, Bank Statement. , KBA , AP-PAY- HBA?...

https://apps.support.sap.com/sap/support/knowledge/public/en/2568072

2873609 - Credit Memo Net Due Date

Even with the payment term set in the credit memo document, the Net Due Date is equal to the ... The Baseline Date and Due on Date are the same which is not expected. ... General Ledger , FI-FIO-AP , Fiori UI for Accounts Payable , Problem ?...

https://apps.support.sap.com/sap/support/knowledge/public/en/2873609