Category: (5) eTOM Process Type
Process Identifier: 1.6.15.4.2.3
Original Process Identifier:
Maturity Level: 4
Perform Interconnect Party Netting process calculates the balance of money owed and earned from two parties. Netting is perform after the settlement is completed for a party. The netting is done for multiple settlement period for the multiple services. Two netting methods exists 1) After and 2) Before. 1).Netting of Operator‘s Interconnecting cost after subtracting amounts between operator and other party (Netto ??) 2).Netting of Operator‘s Interconnecting cost without any subtracting of the amount between operator and other party (Brutto ???). Netting is an established process and has financial origins where larger parties/banks/institutions/countries rather revert to equalize I owe U, you owe me in bulk rather than counting / considering microscopic individual transactions.
Perform Interconnect Party Netting process calculates the balance of money owed and earned from two parties.