For the INFOCUS Envision 21 keynote, Lyle Ekdahl, Senior Vice President of Product Development, and Paul Houtkooper, Senior Director of JD Edwards Development, presented how innovation and digitization can help you succeed during challenging times.

Oracle JD Edwards recently announced the availability of EnterpriseOne Applications Release 9.2.5 (Release 9.2 Update 5). These significant customer-driven application product improvements to empower companies on their journey to becoming digital enterprises. These enhancements also provide companies broad solutions to maintain, improve, and future-proof their businesses.

A recent JD Edwards video walked through how to set up accounting information for Joint Venture Management in JD Edwards EnterpriseOne.

A recent JD Edwards tutorial showed how to create and assign overhead rules to a joint venture. The video aimed to help users:
•Understand the overhead costs of a joint venture
•Create an overhead rule and add an overhead method to the rule
•Assign overhead rules

The Lease Administrator UX One role is available for JD Edwards Real Estate Management. This role brings several benefits to users, including access to the associated UX One page and components, tools for receiving alerts, analyzing data, and easy access to related programs that enable users to take action if required.

The goal is for JD Edwards users to understand the process of preparing the joint venture transactions (expenses, revenue, and overhead) for distribution to the partners, how to load the transactions for joint ventures into the system and assign DOIs to the transactions, and how to review and revise the joint venture account ledger records.

The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) have issued two new standards requiring lessees of property and non-property assets to account for these leased assets and the liability associated with them on their balance sheet. To help customers manage lease term changes in EnterpriseOne, the JD Edwards team created an informative video about how to process lease term changes impacting the amortization schedules and journal entries associated with balance sheet lessee accounting process.

Karen Brown, Senior Principal Product Manager at Oracle, and Aparajeeta Deshpande, Director of Product Development at Oracle, spoke at COLLABORATE 19 about new lease accounting standards that both lessees and lessors need to comply with.