Understanding Setup Requirements for the Advanced Stock Valuation System

Before you can use the JD Edwards EnterpriseOne Advanced Stock Valuation system, you must complete certain tasks to define information that the system uses during processing. You can customize much of this information to meet the business needs of the company.

This table describes the various system components that you must set up for JD Edwards EnterpriseOne Advanced Stock Valuation:

System Component

Description

User-defined codes

UDCs define customized codes, such as document types and pools, that are appropriate for the business needs.

Valuation methods

Valuation methods define the attributes for all of the valuation methods that you want to use to value the stock.

Pools and items

Pools identify all of the items associated with an item pool and assign the valuation methods that you use for each item and pool.

Company selection

Companies must be set up to use when you extract the valuation by company.

AAIs

AAIs define the rules for the chart of accounts and establish how the system creates automatic entries.