E1: 43: Flex Accounting in Procurement
(Doc ID 786376.1)
Last updated on DECEMBER 24, 2019
JD Edwards EnterpriseOne Procurement and Subcontract Management - Version XE and later Information in this document applies to any platform.
EnterpriseOne offers a powerful feature that enables the user to make the Journal Entries more meaningful by flexing the account numbers during a transaction. By building the account numbers on the fly, programs can capture Chart of accounts (COA) segment information, such as business unit, and subsidiary. The segments are used to aggregate the financial activity recorded in a business unit or subsidiary.
Flex Accounting can be done in four ways:
1. Business Unit and Subsidiary 2. Subledger 3. Cost Objects 4. Item
For more information on Flexible Accounting in Distribution, see 756543.1
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