JD Edwards EnterpriseOne Multicurrency Processing Implementation Steps

This table lists the suggested implementation steps for JD Edwards EnterpriseOne Multicurrency Processing:

• Set up constants, currency codes, companies, automatic accounting instructions (AAIs), monetary accounts, and ledger types for multicurrency processing.

  See Setting Up General Accounting for Multicurrency Processing.

• Set up exchange rates for the inverse or no inverse method and, if applicable, the triangulation method. Also, set up exchange rates for currency cross rate relationships and detail currency restatement.

  See Setting Up Exchange Rates.

• (optional) Set up detailed currency restatement, including ledger types and rules.

  See Setting Up Detailed Currency Restatement.

• (optional) Set up balance restatement and as if restatement, including ledger types and rules.

  See Setting Up Balance Restatement and As If Restatement.

• Set up AAIs and credit and collections for multicurrency processing. Assign currency codes to customer records.

  See Setting Up Accounts Receivable for Multicurrency Processing.

• Set up AAIs and payment translations codes for multicurrency processing. Assign currency codes to supplier records.

  See Setting Up Accounts Payable for Multicurrency Processing.