1. Using U.S. Federal Financials
  2. How Federal Financials Enhances Payables

How Federal Financials Enhances Payables

US federal entities use Oracle Subledger Accounting to perform budgetary and proprietary accounting for invoice and payment activities. Oracle U.S. Federal Financials lets you use a predefined payables-related accounting method in the integrated Subledger Accounting application. This accounting method includes accounting rules.

Note: Subledger accounting is an intermediate step between each of the subledger applications and Oracle General Ledger. Use the Subledger Accounting application for these activities:

  • Create the final accounting for subledger journal entries.

  • Transfer the accounting to General Ledger.