Understanding JD Edwards EnterpriseOne Accounts Receivable System Setup

Before you use the JD Edwards EnterpriseOne Accounts Receivable system, define the information that the system uses during processing. For example, you must select whether to use line of business processing and date-effective category codes, whether you require management approval for posting transaction batches, how to define reason codes for write-offs, deductions, and chargebacks, and how to set up payment terms. The system setup for Accounts Receivable enables you to configure the system for the business needs and to set up default values that can save you time when processing transactions.

This table describes the information that you must set up for the JD Edwards EnterpriseOne Accounts Receivable system:

Feature	Description
Constants	Establish system basics, such as: Whether the system verifies that the amount and number of documents in a batch of transactions balance to the totals that you enter separately. Whether you require management approval of batches of transactions before posting. Whether the system creates automatic offsets in batch or in detail. The aging method, number of days, and time intervals for aging reports and online inquiries. Whether the system processes delinquency notices and statements for customers.
Enhanced A/R constants	Specify whether to use line of business processing or date-effective category codes: Line of business processing: If you do business with one customer that is differentiated by multiple lines of business, you can distinguish these customers by product, division, or geography. Date-effective category codes: If you use category codes, this option enables you to assign effective dates to them.
Payment terms	Identify the various types of payment terms for customer's invoices, such as the net due dates, discount amount, and discount due dates.
AAIs	Define which accounts that the system updates for accounting purposes, such as offset, suspense, and default bank accounts.
UDCs	Define codes, such as document types and reason codes, that are appropriate for the business needs.
Next numbers	Establish an automatic numbering system for documents.
Customer bank information	Define the various types of bank account information that is required for automatic receipts processing, draft processing, EDI, and automatic debiting.