Oracle R12 Financials Accounting Hub is a tool designed for non-Oracle Subledgers to leverage Oracle Subledger Accounting engine and ultimately transfer the journals to an Oracle General Ledger. The Financials Accounting Hub uses accounting events to generate journals. Accounting events have financial impact. Implementers use this tool to determine how events should be accounted.
Preview
By the end of this training you will learn to:
How to use Financials Accounting Hub to create accounting and identify the steps required to transfer entries to General Ledger
The setups required to use Financials Accounting Hub to generate journal entries
How you can generate accounting and journal entries for the transactions using the Financials Accounting Hub
Course Contents
Day 1
Financials Accounting Hub Overview
What is Financials Accounting Hub
Creating Subledger Journal Entries from Accounting Events
Accounting Events Identification
Transaction Objects Overview
About Flexible Application Accounting
Multiple Representations and Scalability
Primary and Secondary Ledgers
Financials Accounting Hub Flow
Defining, Building and Integrating a Third Party Application
Defining, Building and Integrating
Planning the Expected Journal Entries
Defining Transaction Tables for the External Payables System
Defining Transaction View for the External Payables System
Registering the Application
Defining a Custom SLA Responsibility
Defining Journal Source and Categories
Defining the Subledger Accounting Application
Day 2
Using Accounting Methods Builder (AMB)
Accounting Methods Builder (AMB) Overview
Oracle-Owned versus User-Owned Accounting Methods Builder Components
Accounting Methods Builder (AMB) Flow
Defining Entities for the External Payables System Transactions
Defining Event Classes and Event Types
Defining a Process Category
Defining Accounting Event Class Options
Creating, Assigning, and Validating Sources
Creating Journal Entries
Creating Journal Entries
Populating Transaction tables
Creating Accounting Events
Create Accounting Program Overview
Running the Create Accounting Program
Create Accounting Program Parameters
Verifying the Results
Using Reports
Subledger Accounting Reports Overview
Journal Entries Report
Account Analysis Report
Third Party Balances Report
Subledger Period Close Exceptions Report