JD Edwards EnterpriseOne 9.2 One View Reporting for Financials

Prepared by: Dwight D. Mitchell, PMP. OCS, OCPPresident /Solution ArchitectMitchell & Associates, Inc.

Empower your financial users to design, create, and generate financial reports and statements

Session ID#: JDE-104390

#MAAIMCS

Agenda

■ Introduction■ ERP Reporting Business Issues■ Benefits of One View Reporting Financials■ Business Challenge Financial Statements■ Opportunity ■ Solution - OVR for Financials Statements■ Key Features■ Demonstration■ Q & A

Introduction

Mitchell & Associates, Inc.

Dwight David MitchellPresident / CEO

Who we areMitchell & Associates, Inc (MAA)…

• Founded in 1993• 20+ years of JDE Implementation & Upgrade Experience• Oracle Platinum Level Partner•JD Edwards EnterpriseOne Specialized• Oracle Accelerate for Midsize Companies Specialized• Complete Solution Provider• 100% Client Satisfaction Rating• Strictly JD Edwards Solutions• Global, Multi-Site / Multi-National Implementations

Introduction

By a show of hands……

■ How many people use Excel for Financial Reporting or Statements?

■ How many people use multiple sources to compile your Financial Statements?

■ How many people use custom reports for Financial Statements?

■ How many people have to wait for IT when you create or change your Financial Statements?

ERP Reporting Business Issues■ Lack of effective operational reporting:

▪ Requires access to real time information ▪ Focused on line of business management

and staff ■ IT resources

▪ High $$ resources are backlogged and should be redirected to other priorities – not to report writing.

■ Without effective operational reporting throughout the enterprise it is difficult to: ▪ Reduce end of period close cycle times ▪ Identify data inaccuracies ▪ Improve operational processes such as

collections ▪ Expand use of the software

Benefits of One View Reporting

■ Real time, interactive access improves day-to-day operations.

■ Increases accuracy ■ Speeds period end close cycles ■ Process improvement ■ Decrease cost of reporting ■ Free up high $$ IT resources ■ Quick time to benefit & ROI with

pre-built content

One View for Financials Functional Scope

Receivables• One View Customer Ledger Inquiry

• Open Invoices• Customer Balance• Open Invoices with Aging• Customer Account Balance Analysis

• One View Customer Receipt/Draft Inquiry• Receipt Transactions• Receipt History Trend• A/R Write‐Offs• Receipt Analysis

General Ledger• One View Account Ledger Inquiry

• G/L Transactions by Customer and Business Unit• G/L Transactions by Account• Business Unit Detail• G/L Transactions Analysis

Payables• One View Supplier Ledger Inquiry

• Open Vouchers• Payments Due Within 30 Days• Payments Overdue• Transaction Volume by Pay Item• Supplier Account Balance Analysis

• One View Supplier Payment Inquiry• Payments• Payment Trends• Payment Discounts• Payment Analysis

• One View Account Balance Inquiry• G/L Account Balances• Q1 Sales by Store within a Region• Budget vs. Actual by Business Unit• Trial Balance• Account Balance Trends• Gross Profit• Account Balance Analysis

6 Applications, 28 Reports, 144 Report Components

Benefits of One View Reporting

Business Challenge

■ The Financial Report Writer is a development tool

■ Not Designed for the End User

■ Unable to Change Columns and Formatting on the fly

■ Requires IT intervention for all changes

■ No Data Visualization (Pie Charts & Graphs)

■ Excel Exports for Data Consolidation

■ Not always Single Source of Financial Truth

Business ChallengeStandard Financial Report Writer

Opportunity

We’ve all heard the phrase “Hind sight is 20/20 or Eagle Eye”

By a show of hands……

Knowing then, what you know now, how many of you would do things differently if you were implementing JDE Financials for the first time?

Opportunity■ I’m here to show you how One View Financial Statements allow the

company's financial staff to control how financial statements, such as balance sheets and income statements, are designed and generated.

Solution

• New feature in One View for Financials specifically for Financial Statements

• Easy to use interface for financial users to create statements in multiple formats

• Ability to create book quality statements with data visualization in many formats

• Self service applications to run and view statements quickly

• Sample content for standard Financial Statements (i.e. Balance Sheet and Income Statement) to help get started

Solution

• Real time access to data and statements

• Book quality

• Different formats

• Fast run times

• Data visualization

• Self service

• Easy to create

SolutionOne View Financial Statement Charts & Graphs

Key FeaturesOne View Financial Statement Components

• Building Blocks of a Financial Statement Row Definitions Column Definitions

• Statement definitions Identify the sections of the statement and the rows and columns

for each section• Layouts

Format the statement Perform Calculations and Totals

• Statement versions Options for running the statement Layout and format Data selection

Key FeaturesRow Definitions

The rows define how the balances are summarized.

Key FeaturesSection Definitions

The Sections define howthe row are grouped on a statement.

Key FeaturesColumn Definitions

The columns define whatbalances are summarized.

Key FeaturesTotals Definitions

The subtotalsand totals on the statement.

Key FeaturesCalculation Definitions

Some columns are calculationsbased upon other columns.

Key Features

Statement Definition

One View Financial Statement Components

Income Statement

Sections on a Statement

Revenues Direct Costs

Row Definitions

Store Sales / Other Sales COGS / Other Costs

Column Definitions

Current Period / Last year / YTD / Last Year Actual / % Change

Key Features

Statement Definition

One View Financial Statement Components

Income Statement

Layouts

Multiple Business Units

Versions

Company 100 / Company 200 / Company 300

Key FeaturesOne View Financial Statement Process Flow

Create Column Definitions Create Row Definitions

Create Statements DefinitionsRows / Columns / Sections / Subtotals

Create LayoutsFormatting / Calculations

Create VersionsData Selection / Layout / Format

Everything you create is reusable on future statements.

DemonstrationCreating Column Definitions

Define what balances to use from the Account Balance Table Year, Period, and Quarter Offsets / 8 Different balance types / Data Selection

DemonstrationCreating Row Definitions

Define how to summarize the balances / Data Selection / Multiple row types

DemonstrationCreating Statement Definitions

Assign a Subtotal row to provide totals across sections.

As many rows as needed can be assigned to a statement definition

Subtotal 1 or more sections together

DemonstrationCreating Versions

Multiple versions for each Statement Definition Data Selection / Options for running the report

Demonstration

Running a Financial Statement

Select and run a version of the statement

Demonstration

Viewing a Financial Statement

View and Manage your submitted statements

Key Drivers

• Enable end users to design, create, run, and share reports

• Provide users real time access to operational data• Codes vs. descriptions, group by customer, sum by

category code, table vs. chart….View your data the way you want to view it!

• Free up IT resources for projects

Success Factors

Cheaper

Faster Better

GOAL:To achieve

a balance between Cost, Time, and Quality

Partial Client Listings

Questions

Please complete the session evaluationWe appreciate your feedback and insightSession ID# JDE-104390