Understanding Company Constants

When you set up Accounts Receivable constants, you can designate cash management options and default aging information by company. The constants enable you to specify whether to print statements and delinquency notices, process automatic receipts, and use different aging categories and dates for collection purposes.

When you select Accounts Receivable constants, the system displays the companies that have been set up in the JD Edwards EnterpriseOne General Accounting system. At this point, the companies contain the default values from company 00000. Therefore, you only revise the information for the companies that you want to be different from company 00000.

Although you establish default settings for the cash management options on a company basis, you can override those settings at the customer level when you set up customer information. Many Accounts Receivable reports and batch processes enable you to specify aging information in the processing options that override the default values in the constants.