READY TO RE-DESIGN YOUR CHART OF ACCOUNTS?
CHART OF ACCOUNTS FOR JD EDWARDS ENTERPRISEONE
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There are many reasons you may need to re-design your Chart of Accounts (COA) for JD Edwards.
This can include major business transformations, such as new company lines of business, company acquisitions, need for global standardizations – or simply a poorly designed existing COA.
What are some key considerations when designing and migrating to a new Chart of Accounts structure?
Make sure to collect all current and potential future state requirements for your COA structure to make sure it’s flexible enough to handle these future requirements.
Model your new COA data in JD Edwards by creating a model business unit.
Design and test your AAI (Automatic Accounting Instruction) changes and record your old AAIs.
Define a means to view and access historical data on your old COA structure. This can be accomplished by archiving your historical structure and data, or using an alternative COA.
Take advantage of conversion tools such as JDE standard P098212 application to change business units for multiple accounts.
Need help starting your COA redesign strategy and plan? Fill out the form for a free workshop!
These are just a few examples of key considerations that shouldn’t be neglected. In the video below, Smartbridge showcases COA Conversion Best Practices for specific details for designing and migrating to a new COA structure.