In a prior article on Cash Basis I covered how it should be setup. Now for a real example. When Standard Vouchers are paid and Cash Basis kicks in, it uses the voucher’s Expense GL coding for the debit, and cash account for the Credit. Similarly in AR: when cash is received, Cash Basis uses the invoice’s Income GL coding for the credit, and cash account for the Debit.
But what will Cash Basis do for non-standard vouchers? For example, if the voucher is created via a 3-way match? Where will the offset to the cash account come from? To find out, I setup a test. Read more…
Categories: AP, GL, JDEdwards, linkedin, Procurement Tags: 3-way Voucher Match, Cash Basis, EnterpriseOne, Financials, JDEdwards, Non-stock PO, R11C850, R11C854
When I last tried to implement Configured Hub as the Intercompany settlement method, the year was 2005, the latest release of JD Edwards was 8.11 and Configured Hub was just added as new functionality. While the idea of a Configured Hub was attractive, it lacked tight integration in the AP, AR and PO modules. This created too many possibilities for errors and made it impractical to implement. Read more…
A common scenario encountered at clients using multiple Companies is the desire to enter multi-line PO’s with each line referencing an expense account in a different Company. During vouchering, all the lines must hit a single AP Trade account. All the lines also need to go to the same default Bank account. Standard JDE setups typically spread the lines into different AP Trade and Bank accounts. Is there a way to force all the lines to go to the same AP Trade and Bank account? The answer is yes! To view the rest of this article, the system might ask you to sign-in or register. It’s free and you will get access to all articles on this blog. Read more…
