Stahr Treasury Software Help
Transactions - Menu NETTING
Netting is a very powerful process to reduce settlement risk, reduce settlement
cost, reduce group foreign exchange exposure and to increase transparency and
efficiency for group reporting. In case a group has multiple entities and those
entities render services and/or goods to each other, group netting should be a
standard process. In this menu all kind of internal transactions (except financial
transactions) are entered and defined.
It is possible to implement an automatic upload from your group’s invoicing
software that the transactions don’t need to be entered manually twice. The
netting reports and invoices are managed in menu Reporting -> Netting Invoices.
If you have questions regarding the navigation, please click here.
Hint: read also our article about netting in our info-section!
Fields:
Invoice Date: That’s the date of the invoice. Mandatory, free date in the format of your computer (i.e., if your computer settings are set to american date numbers,
enter MM.DD.YY, otherwise DD.MM.YY).
Invoice Reference: Reference of the invoice. Mandatory, free text.
Invoicing Party: This is the internal company who is the invoicing party, i.e who sends the invoice to the other internal party. Source is menu Standing
Data -> Companies. Mandatory, pre-entered content.
Open (Invoicing / Invoiced Party): The selected company may be directly opened in the menu Standand Data -> Companies. In case there is no
company selected, you will be forwarded to the menu Standing Data -> Companies to the first record. There you may now directly enter a new
company. After having entered a new company, you need to close the menu “Intercompany Netting” and re-open ist that the new company is listed in
the drop-down.
Invoiced Party: The internal company who receives the invoice. Handling see “Invoicing Party”. Mandatory, pre-entered content.
Category: Each invoice need to categorized. These categories are possible: Local Re-Charges, Corporate Re-Charges, Service Charges. Mandatory,
given content.
Sub-Category: The sub-category defines the character of the invoice, these sub-categories are possible: Operational, Interest, Financing. Mandatory,
given content.
Transaction Date: Enter here the date of the transaction (i.e., not the invoice date). If multiple positions with different transaction datees are invoiced
in one invoice, enter for each position a new record. Mandatory, free date in the format of your computer (i.e., if your computer settings are set to american date
numbers, enter MM.DD.YY, otherwise DD.MM.YY).
Settlement Date: The date when the netting-invoice shall be settled. Typically, this is one day in a month or quarter. Based on this entry the Netting-
Invoice Number will be generated, see below. andatory, free date in the format of your computer (i.e., if your computer settings are set to american date numbers,
enter MM.DD.YY, otherwise DD.MM.YY).
Netting Invoice Number: Automatic generated based on the settlement date. It contains “Netinv” + Month of Settlement. But you can also input any
free text of your desire. Mandatory, automatic / free text.
Currency: The currency of the transaction, i.e. not the invoice!. Source is menu Standing Data -> Currencies. Mandatory, pre-entered content.
Amount: Enter here the total amount of transaction. Mandatory, free number.
Remarks: Free text for any remarks. Optional, free text.
cost, reduce group foreign exchange exposure and to increase transparency and
efficiency for group reporting. In case a group has multiple entities and those
entities render services and/or goods to each other, group netting should be a
standard process. In this menu all kind of internal transactions (except financial
transactions) are entered and defined.
It is possible to implement an automatic upload from your group’s invoicing
software that the transactions don’t need to be entered manually twice. The
netting reports and invoices are managed in menu Reporting -> Netting Invoices.
If you have questions regarding the navigation, please click here.
Hint: read also our article about netting in our info-section!
Fields:
Invoice Date: That’s the date of the invoice. Mandatory, free date in the format of your computer (i.e., if your computer settings are set to american date numbers,
enter MM.DD.YY, otherwise DD.MM.YY).
Invoice Reference: Reference of the invoice. Mandatory, free text.
Invoicing Party: This is the internal company who is the invoicing party, i.e who sends the invoice to the other internal party. Source is menu Standing
Data -> Companies. Mandatory, pre-entered content.
Open (Invoicing / Invoiced Party): The selected company may be directly opened in the menu Standand Data -> Companies. In case there is no
company selected, you will be forwarded to the menu Standing Data -> Companies to the first record. There you may now directly enter a new
company. After having entered a new company, you need to close the menu “Intercompany Netting” and re-open ist that the new company is listed in
the drop-down.
Invoiced Party: The internal company who receives the invoice. Handling see “Invoicing Party”. Mandatory, pre-entered content.
Category: Each invoice need to categorized. These categories are possible: Local Re-Charges, Corporate Re-Charges, Service Charges. Mandatory,
given content.
Sub-Category: The sub-category defines the character of the invoice, these sub-categories are possible: Operational, Interest, Financing. Mandatory,
given content.
Transaction Date: Enter here the date of the transaction (i.e., not the invoice date). If multiple positions with different transaction datees are invoiced
in one invoice, enter for each position a new record. Mandatory, free date in the format of your computer (i.e., if your computer settings are set to american date
numbers, enter MM.DD.YY, otherwise DD.MM.YY).
Settlement Date: The date when the netting-invoice shall be settled. Typically, this is one day in a month or quarter. Based on this entry the Netting-
Invoice Number will be generated, see below. andatory, free date in the format of your computer (i.e., if your computer settings are set to american date numbers,
enter MM.DD.YY, otherwise DD.MM.YY).
Netting Invoice Number: Automatic generated based on the settlement date. It contains “Netinv” + Month of Settlement. But you can also input any
free text of your desire. Mandatory, automatic / free text.
Currency: The currency of the transaction, i.e. not the invoice!. Source is menu Standing Data -> Currencies. Mandatory, pre-entered content.
Amount: Enter here the total amount of transaction. Mandatory, free number.
Remarks: Free text for any remarks. Optional, free text.
