E1: 09: Overview of General Accounting Constants (P0000)
(Doc ID 1434211.1)
Last updated on AUGUST 23, 2022
JD Edwards EnterpriseOne General Ledger - Version XE and later Information in this document applies to any platform.
Constants provide a basic framework for how you want your EnterpriseOne General Accounting system to work. This information customizes the system for your business needs. For example, you can set up batch control so that when you enter journal entries, the system verifies the total amount of the batch after you enter it.
Constants establish system basics such as:
Whether the system verifies that the amount and number of documents in a batch of journal entries balance to the totals that you enter separately.
Whether you require management to approve batches of documents before posting.
Whether the system allows you to post batches to a prior accounting period within the current year.
How the system manages invalid account numbers on journal entries.
What date the system uses for reversing journal entries.
What symbols you use to identify the format of the account numbers that you enter during data entry.
Whether you use multiple currencies.
How the system processes journal entries that cross company boundaries (intercompany settlements).
Prerequisite Note: Use Application Security defined in Security Workbench (P00950) to secure this application from all users other than authorized users. For more information on Application Security, refer to <Document 1367482.1>.
This document is intended for the System Administrator and Finance Functional users who are responsible for configuring EnterpriseOne General Accounting Constants in the General Accounting system.
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!