Convenience Netting at the Partner Level selects all open items with the correct SEI's for the specified period. The Posting Rules contains a list of SEI's which are to be selected from the open items database. The Posting Rule must also indicate if blank SEI should also be cleared. This is usually the case. If the balance of the open items is a credit, it clears every selected open item in A/R and posts a single open item to the partner's A/P vendor account. Partner level Convenience Netting calculates the balance on the partner level (across ventures).
Convenience Netting at the Venture level selects all open items with the correct SEI's for the specified period. As indicated above the Posting Rules contains SEIs which are to be selected from the open items database. If the balance is a credit, it clears every selected open item in A/R and posts a single open item to the partner's A/P vendor account. It calculates the balance on the partner / venture level
Hierarchy 
EA-FIN (Software Component) EA-FIN
CA-JVA (Application Component) Joint Venture und Production Sharing Accounting
GJVB (Package) Joint venture billing
Basic Data 
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