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:
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Oracle General Ledger features that provide:
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Journal entry import and creation
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Real time balances from a balances cube
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Accounting controls
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Close functionality
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Cross-ledger intercompany balancing
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Calculation Manager for the definition of allocation rules using complex formulas
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Automatic generation of allocation journals
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Enhanced journal approval
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Year-end process management
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Oracle Financial Reporting that provides:
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Embedded balances cube functionality
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Multidimensional, online analytical processing of financial information
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Ability to slice and dice data across dimensions
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Drill up, down, and across on any parent level within the chart of accounts
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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.