Cloud Readiness / Oracle Accounting Hub Cloud
New Feature Summary
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  1. Update 19C
  1. Revision History
  2. Overview
    1. Accounting Hub
        1. Drill Down from OTBI Subledger Accounting Reports to Subledger Journal Entry Details
        2. Enhanced Export and Import of Subledger Accounting Setup Data
        3. Delete Imported Accounting Transaction in Accounting Hub
        4. Manage User-Defined Formulas Using Nested Formula Definitions
        5. Valuation Methods for Accounting Hub Cloud Subledgers

Update 19C

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 Feature Notes
28 FEB 2020 Delete Imported Accounting Transaction in Accounting Hub Updated document. Revised feature information. 
07 JUN 2019   Created initial document.

Overview

This guide outlines the information you need to know about new or improved functionality in this update.

Disclaimer

The information contained in this document may include statements about Oracle’s product development plans. Many factors can materially affect Oracle’s product development plans and the nature and timing of future product releases. Accordingly, this Information is provided to you solely for information only, is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described remains at the sole discretion of Oracle.

This information may not be incorporated into any contractual agreement with Oracle or its subsidiaries or affiliates. Oracle specifically disclaims any liability with respect to this information. Refer to the Legal Notices and Terms of Use for further information.

Accounting Hub

As an integrated accounting platform, Oracle Accounting Hub standardizes the accounting from multiple third party transactional systems to consistently enforce accounting policies and meet multiple reporting requirements in an automated and controlled fashion, and with minimal disruption to existing financial processes.

Drill Down from OTBI Subledger Accounting Reports to Subledger Journal Entry Details

You can now drill down from OTBI Subledger Accounting reports to subledger journal entry details.

Enhanced Export and Import of Subledger Accounting Setup Data

Export and import high volume Subledger Accounting setup data with improved scalability and performance.

Delete Imported Accounting Transaction in Accounting Hub

Automate exception management for transaction processing. Purge transactions that are not successfully accounted by the accounting process using the ERP Integration Web Service.

Manage User-Defined Formulas Using Nested Formula Definitions

You can now define a formula by using an existing user-defined formula to derive a value for a subledger accounting entry. This enables you to define the commonly used formulas and reuse them in other formulas for consistency and ease of maintenance.

Valuation Methods for Accounting Hub Cloud Subledgers

Use different bases of valuing transactions and accounting for them in different ledgers to meet various management reporting and country specific accounting requirements.