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Netting Contract Asset and Contract Liability accounts in Oracle fusion RMCS

Hi,

Can you please provide Info on Standard ESS Job "Contract Asset and Liability Netting for Revenue Contracts" Please let us know if it creates netting entries or it is just a report? 

We have seen that after running this ESS Job the 2 tables(VRM_PO_ASSET_LIAB_NETTING, VRM_PO_NETTING_RUN_HISTORY) get populated and the first table also has columns such as DISTRIBUTIONS_CREATED_FLAG, POSTED_TO_SLA_FLAG, POSTED_TO_SLA_DATE, does this mean there is a provision to post this netting entries, Please provide us the complete details on this ESS Job

 Is there a out-of-box functionality in RMCS to net off Contract asset and liability at the end of each month so that it doesn't overstates the balance sheet.

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