1. Advanced Cost Accounting Implementation Guide
  2. Understanding Cost Object Information Entry in Speed Invoices

Understanding Cost Object Information Entry in Speed Invoices

As an alternative to standard invoice entry, you can use the Speed Invoice Entry method to enter high-volume, simple invoices. When you enter speed invoices, you enter invoice and GL distribution information on one form. Consider using this method to enter invoices that have:

  • A single pay item that includes a single due date and a single tax rate area.

  • Simple accounting instructions.

As with standard invoices, speed invoice information is stored in the following tables:

  • Customer Ledger (F03B11)

  • Account Ledger (F0911)

  • Batch Control Records (F0011)

You can enter cost object information when you enter speed invoices. If you enter cost objects, the system verifies the cost object type and the cost object edit code that you defined in the Account Master table (F0901). If you enter an item, the system edits cost object information against the Item Master table (F4101) only if you have installed the JD Edwards EnterpriseOne Inventory Management system.