JD Edwards Financial Management is the accounting component of Oracle's JD Edwards EnterpriseOne (JDE e1) product line. This component can serve businesses of any size. The system is horizontal; it is designed to serve the needs of a wide variety of vertical markets. This program is scalable and can adapt as the user company grows.
Financial Management offers applications for accounts payable, accounts receivable, advanced cost accounting, expense management, financial management and compliance, fixed asset accounting, and a general ledger. The system can support multiple languages and currencies. The program also supports International Financial Reporting Standards (IFRS) requirements, with capabilities such as asset componentization and inventory costing methods.
JDE e1 uses the Oracle Technology Foundation, a package of integrated products that allow implementation and maintenance of system applications. This foundation is made up of the Oracle Database 11g, Oracle Fusion Middleware, and JDE EnterpriseOne tools. The HTML server and web client for Financial Management allow users to access the system’s applications with a web browser.