- 3 Posts
- 21 Views
Does JD Edwards support NAICS commodity codes? Has anyone implemented NAICS codes for reporting and tracking expenditures?
@Brienne Wilkins Hi,
We have been adding the codes for many years now and use them as a filter on purchasing reports. We create the codes under UDC 01/SC and populate alias SIC of P01012.
@Brienne Wilkins On the Address Book there is a field for "Industry Classification" on the Additional 1 tab. Update UDC 01|SC with the values you want to use.
I recommend using the full 6-digit code. Since they are hierarchical, it is trivial to roll up to more general classifications from detailed ones. But if you start general and later decide you want a finer-grained approach, you'll have to go back and recode everything.
I haven't tried this, but you might want to add a Cafe1 layout with a link to the Census website.
For other readers who don't know how NAICS are structured, here's an example:
*53 Real Estate and Rental and Leasing
**531 Real Estate
***5313 Activities Related to Real Estate
****53131 Real Estate Property Managers
*****531311 Residential Property Managers
*****531312 Nonresidential Property Managers