## Getting Started with JD Edwards EnterpriseOne Financial Management Application Fundamentals

This chapter discusses:

- JD Edwards EnterpriseOne Financial Management Application Fundamentals overview.

- JD Edwards EnterpriseOne Financial Management Application Fundamentals implementation.

### JD Edwards EnterpriseOne Financial Management Application Fundamentals Overview

Typically, a company uses some type of financial application to successfully manage its financial activities. The financial activities might include allocating revenue and expenses among various departments within the company, eliminating intercompany transactions, reconciling account balances, and projecting budgets for future periods and reviewing them against the actual activity.

The JD Edwards EnterpriseOne Financial Management system from Oracle provides a versatile, cost-effective, and timesaving solution for managing your financial information. You use the systems that make up the JD Edwards EnterpriseOne Financial Management system to track information that financial users typically share.

JD Edwards EnterpriseOne Financial Management Fundamentals provides setup and usage information that is shared among the JD Edwards EnterpriseOne financial applications.

### JD Edwards EnterpriseOne Financial Management Application Fundamentals Implementation

This section provides an overview of the steps that are required to implement the JD Edwards EnterpriseOne Financial Management system.

In the planning phase of your implementation, take advantage of all JD Edwards EnterpriseOne sources of information, including the installation guides and troubleshooting information. A complete list of these resources appears in the preface in About This Documentation, with information about where to find the most current version of each.

For information about the Oracle Business Accelerator solution for implementation of JD Edwards EnterpriseOne systems, review the documentation available.

See http://www.peoplesoft.com/corp/en/iou/implement/rapid_start/rapid_start_prtr_notes.jsp

#### Global Implementation Steps

This table lists the suggested global implementation steps for the JD Edwards EnterpriseOne Financial Management Solutions system:

Step | Reference
1. Set up companies, fiscal date patterns, and business units. | See Setting Up Organizations.
2. Set up the chart of accounts. Set up accounts, subledgers, a model chart of accounts, and an alternate chart of accounts. Also assign third GL account numbers, copy accounts to business units, create accounts dynamically, translate accounts, and revise the structure of your organization. | See Creating the Chart of Accounts.
3. Set up the General Accounting constants. | See Setting Up the General Accounting System.
4. Set up multicurrency processing, including currency codes and exchange rates. | Setting Up General Accounting for Multicurrency Processing Setting Up Exchange Rates
5. Set up ledger type rules. | See Setting Up Ledger Type Rules for General Accounting.
6. Set up data relationships. | See Setting Up Data Relationships.
7. Enter address book records. | See Entering Address Book Records.

#### Implementation Steps

This table lists the implementation steps for the JD Edwards EnterpriseOne Financial Management Solutions system:

Step | Reference
1. Set up batch approval and post security. | See Setting Up Batch Approval and Post Security.
2. Set up system next numbers. | See Setting Up Next Numbers.
3. Set up automatic accounting instructions (AAIs). | See Setting Up Automatic Accounting Instructions.
4. Set up intercompany settlements. | See Setting Up Intercompany Settlements.
5. Set up standard and advanced payment terms. | See Setting Up Payment Terms.
6. Set up pay when paid processing options for the Voucher Entry MBF (P0400047), Standard Voucher Entry (P0411), and Voucher Match (P4314) programs. | See Setting Up Pay When Paid Processing.
7. Set up supplemental data types. | See Setting Up Supplemental Data.