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 |
|---|---|---|---|
| 05 MAR 2021 | Created initial document. |
This guide outlines the information you need to know about new or improved functionality in this update.
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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.
Subledger Journal Entry Analysis
Analyze the accounting rules and source values used to create a subledger journal entry. Use this analysis to determine whether appropriate rules were used, and make changes where required. This facilitates rules configuration during implementation, provides better visibility into rule exceptions, and creates a full audit trail of accounted transactions.
Supporting Reference Balance Initialization Using a Simplified Template
Use the Adjust Supporting Reference Balances template to initialize or adjust balances for a supporting reference. Enter basic details including period, account combination, and amounts. The simplified template restricts users from entering any unbalanced journals that would result in the generation of intercompany or balancing entries.