Abstract for R12: Business Flow Accounting In Financials Accounting Hub (FAH) Webcast:
Oracle Financials Accounting Hub (FAH) is used to account for third party transactions. The Business Flow Accounting feature of FAH allows the accounting of downstream transactions (i.e., payments) to be derived based on the accounting of upstream transactions (i.e., invoices). Our discussion will focus on how to utilize Business Flow Accounting in FAH. This session is recommended for technical and functional users who have a basic understanding of the components FAH and want to learn about the Business Flow Accounting feature of FAH. We recommend reviewing Doc ID 1465987.1, Accounting for Transactions from a Custom Application Using R12 FAH, prior to the webcast.
TOPICS INCLUDE:
- Relevant Fundamentals of FAH
- How to use Business Flow Accounting feature of FAH to account for logically related third party transactions
- Demonstration of Business Flow Accounting
- Drill down to Subledger Accounting from General Ledger
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