Overview of Oracle Accounting Hub Cloud Features
Oracle Accounting Hub Cloud provides a complete set of accounting tools and unparalleled access to financial data, including:
Oracle General Ledger features that provide:
Journal entry import and creation
Real time balances from a balances cube
Accounting controls
Close functionality
Cross-ledger intercompany balancing
Calculation Manager for the definition of allocation rules using complex formulas
Automatic generation of allocation journals
Enhanced journal approval
Year-end process management
Oracle Financial Reporting that provides:
Embedded balances cube functionality
Multidimensional, online analytical processing of financial information
Ability to slice and dice data across dimensions
Drill up, down, and across on any parent level within the chart of accounts
Accounting transformation enables you to create subledger accounting rules that provide flexible transformation of transaction and reference information from diverse, non-Oracle, industry applications into accurate, detailed, auditable accounting entries. The subledger accounting journals generated for non-Oracle applications are stored in a subledger accounting repository that is shared with the subledger accounting journals generated by Oracle Fusion Subledger Accounting for the subledgers such as Payables, Receivables, Assets and Inventory.
