How Federal Financials Enhances Receiving

US federal entities use Oracle Subledger Accounting to create the required budgetary and proprietary journal entries and complete the accounting process for the Delivery to Expense event class receipts.

Subledger Accounting creates the final accounting for subledger journal entries and transfers the accounting data to the Oracle General Ledger. Subledger Accounting includes a common user interface and a set of programs that can generate accounting for Deliver to Expense event class receipts. Rules in Subledger Accounting can be defined for line types, descriptions, and accounts to store on journal entries. The Subledger Accounting rules setup enables the Create Accounting process to accept the default accounting information from Oracle U.S. Federal Financials without changes.

Subledger Accounting setup is used to perform extra accounting events during the Deliver to Expense event class receipt activities. U.S. Federal Financials predefines multiple accounting definitions related to the Deliver to Expense event class receipts which include account derivation rules. The accounting definitions are seeded to meet a federal agency's specific accounting requirements for the Deliver to Expense event class receipts.

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

• Create the final accounting for subledger journal entries.

• Transfer the accounting to General Ledger.