Session ID: 100740

Abstract: Before implementing or expanding an existing JDE footprint across multiple companies and multiple currencies; companies to understand the key functional elements to consider as part of the implementation in order to properly plan and staff such a project. The presentation will cover the following topics:Best Practices on company structure and financial consolidationsMulti-Currency ProcessingBalance Restatement and Detailed RestatementMonetary Account ValuationInter-Company entries; in base and/or foreign currencies; reconciliationCentralized banking for A/P disbursements and cash receiptsAllocations across companiesIFRS requirementsLocal Statutory Requirements

Objective 1: Gain information on best practices and capabilities offered by JDE when setting up a multi-company; multi-currency JDE environment.

Objective 2: Understand the challenges companies will face when implementing a multi-company; multi-currency environment and how to work around them.