Dual Currency

Businesses operating in an inflationary market need to be able to maintain a set of books in two currencies: the local currency and a stable currency, commonly U.S. dollars. The JD Edwards EnterpriseOne Advanced Stock Valuation system enables a business to value inventory based on a valuation method, such as LIFO, FIFO, and replacement or current cost. With the Dual Currency feature, a business can use a second ledger type to adjust its inventory in both the domestic and the stable currency.