How Subledger Journal Entries are Created and Processed in Accounting Hub

The Create Accounting process uses the uploaded transaction data and accounting rules to create subledger journal entries. For example, a subledger journal entry rule set specifies that the customer name should appear in the description of a subledger journal entry line.

The customer name value is obtained from the customer name source data provided by the uploaded transaction data.

This figure illustrates the Create Accounting process.

How Subledger Journal Entries Are Created and Processed in Accounting Hub

1. The source system transactions are uploaded into Universal Content Management.

2. The transactions are then imported into Accounting Hub using the Import Accounting Transactions process.

3. The Create Accounting process is automatically submitted.

4. Subledger journal entry rule set definitions and sources from transaction data are applied to create subledger journal entries.

5. The subledger journal entries are summarized and imported to Oracle General Ledger.