Tag: EnterpriseOne Financials

With the application of FASB ASC 845 and IFRS 16 Leases, businesses face the challenge of updating system processes in order to satisfy new accounting standards. The FASB ASC 845 and IFRS 16 Leases standards were administered for the purpose of providing investors and creditors with more transparency into long-term leases.

With the application of FASB ASC 845 and IFRS 16 Leases, businesses face the challenge of updating system processes in order to satisfy new accounting standards. The FASB ASC 845 and IFRS 16 Leases standards were administered for the purpose of providing investors and creditors with more transparency into long-term leases.

The Anschutz Corporation, a privately held holding company headquartered in Denver, Colorado, underwent a major Address Book project within their JD Edwards system. The company was facing 17 years of incomplete and inaccurate data that led to inactive and duplicate records that were overflowing the system. To combat the problem, the Anschutz Corporation decided to clean up and standardize the data, inactive old or duplicate records, and automate their validation process.

The Anschutz Corporation, a privately held holding company headquartered in Denver, Colorado, underwent a major Address Book project within their JD Edwards system. The company was facing 17 years of incomplete and inaccurate data that led to inactive and duplicate records that were overflowing the system. To combat the problem, the Anschutz Corporation decided to clean up and standardize the data, inactive old or duplicate records, and automate their validation process.

It happens all the time - a new business entity is acquired, created or split off. Once the decision is made, executive leadership often thinks the hard part is done. But for those of us who manage the JDE setup, it's just the beginning.  A new company needs to be set up, and questions need to be asked and answered:  Will they run payroll? What's the company currency?  How many branch/plants and will they all carry inventory? Are we buying and/or selling things in this company? We'll walk through a list of questions to ask, then go through the basic setup tasks for a new company in JDE.  Finally, we'll talk about what initial testing to perform, to ensure you are ready to do business on Day 1.

Discuss requirements for new company setup, including questions to ask and things to consider

Walk through basic foundational setup for a new JDE company

Talk about what to test to ensure transactions can be processed Day 1

Presented by Sarah Mills, EmeraldCube Solutions

It happens all the time - a new business entity is acquired, created or split off. Once the decision is made, executive leadership often thinks the hard part is done. But for those of us who manage the JDE setup, it's just the beginning.  A new company needs to be set up, and questions need to be asked and answered:  Will they run payroll? What's the company currency?  How many branch/plants and will they all carry inventory? Are we buying and/or selling things in this company? We'll walk through a list of questions to ask, then go through the basic setup tasks for a new company in JDE.  Finally, we'll talk about what initial testing to perform, to ensure you are ready to do business on Day 1.

Discuss requirements for new company setup, including questions to ask and things to consider

Walk through basic foundational setup for a new JDE company

Talk about what to test to ensure transactions can be processed Day 1

Presented by Sarah Mills, EmeraldCube Solutions

It happens all the time - a new business entity is acquired, created or split off. Once the decision is made, executive leadership often thinks the hard part is done. But for those of us who manage the JDE setup, it's just the beginning.  A new company needs to be set up, and questions need to be asked and answered:  Will they run payroll? What's the company currency?  How many branch/plants and will they all carry inventory? Are we buying and/or selling things in this company? We'll walk through a list of questions to ask, then go through the basic setup tasks for a new company in JDE.  Finally, we'll talk about what initial testing to perform, to ensure you are ready to do business on Day 1.

Discuss requirements for new company setup, including questions to ask and things to consider

Walk through basic foundational setup for a new JDE company

Talk about what to test to ensure transactions can be processed Day 1

Presented by Sarah Mills, EmeraldCube Solutions