Skip Headers
JD Edwards World General Accounting I Guide
Release A9.3.x

E21540-03
Go to Documentation Home
Home
Go to Book List
Book List
Go to Table of Contents
Contents
Go to Index
Index
Go to Feedback page
Contact Us

Go to previous page
Previous
Go to next page
Next
PDF · Mobi · ePub

76 Set Up Configured Hubs

This chapter contains these topics:

Before you can use configured hubs to settle intercompany transactions, you must set up the configured hub relationships for your organization. The system uses these relationships to process intercompany settlements.

76.1 Overview

The system maintains configured hub information in the Inter/Intra Company Account Relationships table (F09190).

76.1.1 What You Should Know About

Topic Description
AAIs for configured hubs The system uses the same AAIs for configured hubs that you set up for intercompany settlements. You do not need to set up additional AAIs.

76.1.2 Before You Begin

  • Verify the method of intercompany settlements is detail method D or 2.

76.2 Setting Up the Configured Hubs Constant

Navigation

From General Accounting (G09), enter 29

From General Accounting System Setup (G0941), choose General Accounting Constants

To control whether your organization can use configured hubs for intercompany settlements set the code in the Inter Company Settlement field.

To set up the configured hubs constant

On General Accounting Constants

Figure 76-1 General Accounting Constants screen

Description of Figure 76-1 follows
Description of "Figure 76-1 General Accounting Constants screen"

Enter a configured hub method in following field:

Inter Company Settlement

Field Explanation
Intercompany Settlement A code that indicates that the system will use configured hubs when it creates journal entries between companies in an organization. The following values apply to the use of a configured hubs method:

C – Yes, create intercompany settlements using a configured hub

3 – Flex compatible, create intercompany settlements using a configured hub


76.3 Setting Up User Defined Codes for Configured Hubs

Navigation

From General Accounting (G09), enter UDC

You must set up the name of each configured hub in the Intercompany Hub user defined codes table (09/HB). Each name can be up to 6 characters in length.

Configured hub names are not required to be actual company names in your organization.

To set up user defined codes for configured hubs

On General User Defined Codes

  1. Locate the user defined codes table for system code 09, user defined code list HB.

    Figure 76-2 General User Defined Codes (Configured Hubs) screen

    Description of Figure 76-2 follows
    Description of "Figure 76-2 General User Defined Codes (Configured Hubs) screen"

  2. Complete the following fields:

    • Code

    • Description

76.4 Setting Up Companies for Configured Hubs

Navigation

From General Accounting (G09), choose 27

From G/L Advanced & Technical Operations (G0931), choose Intercompany Settlements

From Intercompany Settlements Processing (G09318), choose Configured Hub Company

You can set up one or more configured hubs for intercompany settlements within your organization.

To use configured hubs, you must assign every company to a hub. In each hub, you can designate a hub company, but a hub company is not required. You set up the rest of the companies in the hub as member companies. If there is no hub company, set up all the companies as member companies.

The system maintains configured hub information in the Inter/Intra Company Account Relationships table (F09190).

To set up companies for configured hubs

On Configured Hub Company

Figure 76-3 Configured Hub Company screen

Description of Figure 76-3 follows
Description of "Figure 76-3 Configured Hub Company screen"

  1. Complete the following field:

    • Hub

  2. For each company in the hub, complete the following fields:

    • Member

    • Hub Des (Designator)

Field Explanation
User Defined HUB The name of a group, or hub, of companies that can create intercompany settlements only within the group. This name must be set up in user defined code list 09/HB.
Members A code that identifies a specific organization, fund, entity, and so on. This code must already exist in the Company Constants table (F0010). It must identify a reporting entity that has a complete balance sheet. At this level, you can have intercompany transactions.

Note: You can use company 00000 for default values, such as dates and automatic accounting instructions (AAIs). You cannot use it for transaction entries.

Form-specific information

The number of the company that is a member of the hub.

HUB Designator This flag indicates the status of a company in a user defined hub.

1 – This is the hub, or central, company of the user defined hub.

2 – This is a member company of the user defined hub.


76.4.1 What You Should Know About

Topic Description
Hub designators To set up a configured hub with no designated hub company, set the Hub Designator field to 2 to every company in the hub.

See Also:

76.5 Verifying Configured Hubs

Navigation

From General Accounting (G09), choose 27

From G/L Advanced & Technical Operations (G0931), choose Intercompany Settlements

From Intercompany Settlements Processing (G09318), choose Configured Hub Integrity

You can run an integrity report to verify that you have assigned every company to a hub. The system compares the hub information in the Inter/Intra Company Account Relationships table to the company information in the Company Constants table (F0010).

The Configured Hub Integrity report shows the following:

  • For each configured hub, the companies that are assigned to the hub and whether each company is a member company or a hub company

  • Companies that are assigned to configured hubs but do not exist in the Company Constants table

  • Companies that are not assigned to any configured hub