This chapter contains these topics:
To understand how to set up the features and functions that allow you to process general accounting information
Before you use the General Accounting system, you need to set up and define certain information that the system will use during processing. This information is used to customize the system for your business needs. For example, when entering journal entries, you can have the system verify the total amount after you enter the batch by setting up batch control.
See the following for information about required system setup:
See the following in the JD Edwards World Multi-Currency Guide for information about system setup that your organization might require:
The following describes the system setup features and their purpose.
|Constants||Establish system basics, such as:
|AAIs||Define the rules for the chart of accounts and establish how the system creates automatic entries. If you are using the JD Edwards World system in a multi-lingual environment, you can translate the descriptions of your AAIs.|
|User defined codes||Define customized codes, such as document types, that are appropriate for your business needs.|
|Next numbers||Establish an automatic numbering system for documents.|
|Multi-currency||Establish how multiple currency features will work, if you are handling more than one currency in the JD Edwards World system. You need to determine:
Determine your reporting needs and set up your companies, fiscal patterns, business units, accounts, and category codes
|Taxes||If you use the JD Edwards World system to track and report taxes, you can set up the General Accounting system for journal entries with taxes.|