Tag: JD Edwards Financials

There are many situations when it is difficult to design your General Ledger to capture ALL necessary sales or operational detail (e.g. related sales person, item description, product line, original manufacturing location, etc.) in order to be able to further breakdown your financial transactions for reporting / analysis purposes. This can lead to problems due to a disconnect between your operational and financial results within your ERP. In this session, we will discuss three types of functionality to consider: Flexible Accounting, Subledgers, and Advanced Cost Types. While they have their differences, these can each be used to drive additional detail into your G/L. We will explain each type of functionality, as well as how each can provide more benefit to your reporting/analysis needs. Join us as we discuss how this functionality can be used to design more operational details into your G/L transactions, in order to better enhance reporting and inquiry functions.

Craig Davied, Grant Thornton

Presented at INFOCUS Dive Deep 2021

With deadlines quickly approaching to begin accounting for leases in accordance with new ASC 842 standards, we will be sharing our experiences, guidance and methodology for adopting new JDE Lease Accounting functionality in under 10 weeks.  Focus of our discussion will include sharing insights from previous projects, highlighting key take-aways, and providing a clear understanding of the most important and critical path activities for implementing the functionality in a timely manner.