APPS-03 - JDE Flexible Accounting Basics
Learn the fundamentals of Flex Accounting and see how you can allocate your Sales and Procurement transactions to accounts based on Category Codes or other custom definitions.
Description
JD Edwards EnterpriseOne Flexible Accounting is designed to enhance the accounting process by allowing businesses to customize their financial tracking to fit specific needs. It enables dynamic creation of detailed accounting entries using data points like business units, object accounts, and subledger values. This flexibility helps organizations align their accounting structures with business processes, automate transaction recording, and improve financial reporting accuracy, supporting more efficient decision-making and scalability.
Course Level
This Lecture is designed for Advanced Procurement and/or Sales Users.
Prerequisites
A good knowledge of the setup of the standard Automated Accounting Instructions is recommended.