This chapter discusses:
JD Edwards EnterpriseOne Grower Pricing and Payments overview.
JD Edwards EnterpriseOne Grower Pricing and Payments business processes.
JD Edwards EnterpriseOne Grower Pricing and Payments integrations.
JD Edwards EnterpriseOne Grower Pricing and Payments implementation.
The JD Edwards EnterpriseOne Grower Pricing and Payments system from Oracle is used by agribusiness companies to create and maintain contracts with growers, monitor the compliance of terms and conditions of the contract, and pay growers for their products in accordance with the contract terms. Grower contracts include details such as contract terms and renewal extensions, payment terms, contract clauses, action dates for reminders of required signatures, responses, reviews, and amendments that explain changes that were made to the contract.
Throughout the harvest cycle, you can review information online and in report format that shows payments that are due, payments that are coming due, and payments that have been issued thus far for a given contract or grower.
The JD Edwards EnterpriseOne Grower Pricing and Payments system provides a flexible payment schedule that enables you to pay multiple payees with multiple payment dates throughout the harvest cycle. Payment terms and due date rules for payees can be set up for advance payments, interim payments, and final payments.
When you review the harvest receipts, you can waive penalties or bonuses or add adjustments to the final price. During the final settlement, final vouchers are generated and payments are issued to pay the remaining amount that is owed to payees, as well as amounts that are owed for assessments and deductions.
After the remaining amount that is owed on a contract is zero and you have created final payments, you can submit a final settlement statement to the grower. Because the final settlement statement provides a “snapshot” in time, it can also be submitted with advance and interim payments as an interim statement.
This process flow illustrates the JD Edwards EnterpriseOne Grower Pricing and Payments business processes:
Grower Pricing and Payments business processes
The JD Edwards EnterpriseOne Grower Pricing and Payments system works with other JD Edwards EnterpriseOne systems to ensure that all information is fully integrated. We discuss integration considerations in the implementation chapters in this implementation guide. Supplemental information about third-party application integrations is located on the Oracle |PeopleSoft Customer Connection website.
JD Edwards EnterpriseOne Grower Pricing and Payments integrates with these JD Edwards EnterpriseOne systems:
Grower Pricing and Payments integration
Advanced Pricing
The JD Edwards EnterpriseOne Advanced Pricing system from Oracle is used to create pricing adjustment schedules. When you review harvest receipts, you review and adjust the pricing schedule based on the quality test results for the receipts.
Inventory Management
The JD Edwards EnterpriseOne Inventory Management system from Oracle stores current item information along with item costs. The harvest records use item records to retrieve item descriptions and costs.
Procurement
The JD Edwards EnterpriseOne Procurement system from Oracle is used to create purchase orders when you close weigh tags in the JD Edwards EnterpriseOne Grower Management system. The purchase orders are closed out in the JD Edwards EnterpriseOne Grower Pricing and Payments system during the final settlement process.
Grower Management
The JD Edwards EnterpriseOne Grower Management system from Oracle is used to track crops from cultivation to harvest.
JD Edwards EnterpriseOne Grower Management enables you to set up and maintain farms, blocks, and harvest records. A farm consists of one or more blocks that grow the crop harvest that is then supplied to the processing entity. Adding farms in the system is optional. The system uses some of the attributes that are assigned to a farm as defaults for a block that is associated with the farm. Farms are often defined by their physical geographical boundaries.
Accounts Payable
The JD Edwards EnterpriseOne Accounts Payable system from Oracle is used to set up payment terms and due date rules, as well as generate vouchers and payments.
This section provides an overview of the steps that are required to implement the JD Edwards EnterpriseOne Grower Pricing and Payments system. In the planning phase of your implementation, take advantage of all JD Edwards EnterpriseOne sources of information, including the installation guides and troubleshooting information. A complete list of these resources appears in the preface in About This Documentation with information about where to find the most current version of each.
When determining which electronic software updates (ESUs) to install for JD Edwards EnterpriseOne Grower Pricing and Payments, use the EnterpriseOne and World Change Assistant. EnterpriseOne and World Change Assistant, a Java-based tool, reduces the time that is required to search and download ESUs by 75 percent or more and enables you to install multiple ESUs at one time. See JD Edwards EnterpriseOne Tools 8.98 Software Update Guide.
This table lists the suggested implementation steps for the JD Edwards EnterpriseOne Grower Pricing and Payment system:
Step |
Reference |
1. Set up branch/plant constants. |
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2. Set up item master and item branch. |
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3. Set up grower harvest patterns. |
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4. Set up price adjustment schedule and pricing matrix. |
See Working with Schedules and Adjustments, Working with the Price Matrix. |
This table lists the suggested application-specific implementation steps for JD Edwards EnterpriseOne Grower Pricing and Payments:
Step |
Reference |
1. Set up UDCs for Grower Pricing and Payments. |
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2. Set up due date rules. |
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3. Set up payment terms for installments. |
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4. Set up assessments and donations. |
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5. Set up clauses. |
See Setting Up Clauses. |