Cloud Readiness / Oracle Accounting Foundation Cloud
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  1. Release 22A
  1. Revision History
  2. Overview
  3. Accounting Foundation
    1. Accounting Foundation
        1. Data Catalog
        2. Interface with ERP Financials Accounting Hub
        3. Balance Computation
        4. Balance Reconciliation
        5. Analytics
        6. Users & Entitlement
        7. Process Management
        8. Data Management
        9. Governance

Release 22A

Revision History

This document will continue to evolve as existing sections change and new information is added. All updates appear in the following table:

Date Product Feature Notes
07 MAR 2022 Created initial document.

Overview

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Accounting Foundation

Accounting Foundation

Data Catalog

AFCS will have data structures and metadata pertaining to banking.

Interface with ERP Financials Accounting Hub

Defined SLAs, API-based interface for data exchange and data exchange facilities with Oracle ERP AHCS. SLAs cover the banking domain in this release.

Balance Computation

Covers period-to-date and period-to-date average balance computation at instrument grain, alongside revaluation and translation functions.

Balance Reconciliation

Supports reconciliation and adjustment processes and workflow covering ledger-to-product processor balance figures Governance.

Analytics

Reports driven off computed accounting balance information and reconciliation processes.

Users & Entitlement

Facilitates management of user authentication, security and access rights / privileges.

Process Management

Supports task sequencing, scheduling and execution via a configurable process management framework.

Data Management

Supports data ingress and egress functions, alongside those of managing dimensions, hierarchies, data transformation, and data movement.

Governance

Covers Key Data Elements, Controls, Issues, Actions and Indicators functionality.