Cash Forecasting Programs for Multiple Currencies

The JD Edwards EnterpriseOne General Accounting cash forecasting programs can help your company project, or forecast, future cash requirements and effectively manage the cash accounts. With cash forecasting, you can analyze one or more bank accounts and forecast the cash position daily or periodically based on a date horizon.

The system uses three currencies in cash forecasting:

• Base currency. The base currency is the currency of the company. For a foreign currency transaction, the node currency is the currency code of the domestic side of the transaction.

• Node currency. The system uses the node currency to revalue and store cash forecast amounts belonging to a single cash type.

• Display currency. The system uses this common currency in which node amounts for all cash types are dynamically revalued into for display purposes.