Understanding Equipment Time Billing

You can charge a job or business unit for the use of equipment. When you enter equipment billing information, the system creates debit journal entries to the Account Ledger table (F0911). You can then review and approve billing entries for posting. When you post the entries, the system creates the offsetting credit entries to the general ledger Account Balances table (F0902). Equipment time billing transactions must also be posted to the Asset Account Balances table (F1202). Use JD Edwards EnterpriseOne Payroll or JD Edwards EnterpriseOne Time Accounting to bill for employee labor.

Note: You can use the JD Edwards EnterpriseOne Time Accounting system without JD Edwards EnterpriseOne Payroll to bill for employee labor. However, you cannot use JD Edwards EnterpriseOne Payroll to bill for employee labor without the JD Edwards EnterpriseOne Time Accounting system.

See also:

• "Posting Financial Transactions" in the JD Edwards EnterpriseOne Applications Financial Management Fundamentals Implementation Guide.