The Netting Reconciliation form enables Netting managers to reconcile invoices for participants who enter both payables and receivables into their Netting system (matched-base customers).
On the CitiDirect navigation bar, click Process, and then click Netting Reconciliation. The Netting Reconciliation form appears.
The Due Date/ Maturity must match check box defaults to selected to indicate that the invoices due dates/maturity date must match for the invoices to reconcile. If the dates must not match for reconciliation, clear the check box.
The Invoice Date must match check box defaults to selected to indicate that the invoice dates must match for the invoices to reconcile. If the dates must not match for reconciliation, clear the check box.
The Invoices Ref must match to at least check box defaults to selected to indicate that the invoices reference number must match for the invoices to reconcile. If this field is selected, the Invoice Ref Justification field is enabled. Enter the number of characters for the field justification and then click the drop-down arrow and select the justification for the invoice. To indicate that the invoices must not match, clear the check box.
The Purchase Order Ref must match to at least field, the check box is selected to indicate that the purchase order reference number must match for the invoices to reconcile. If this field is selected, the Purchase Order Ref Justification field is enabled. Enter the number of characters for field justification and then click the drop-down arrow and select the justification for the purchase order. To indicate that the purchase orders must not match, clear the check box.
In the Select Reports field, click the Library Look-Up button and select the reports that will display the results of the reconciliation.
Click Submit to run the reconciliation and generate data for the selected reports.
Notes:
To clear all fields on the Netting Reconciliation Form, click Clear.