Selecting an Accounting Framework
There are two accounting frameworks that agencies can implement: Public Sector Licensing and Permitting Accounting or Financials Cloud Subledger Accounting (SLA).
You select the accounting framework for your agency in Functional Setup Manager (FSM).
Selecting an Accounting Framework Option
Access FSM by selecting in the navigator.
Select a Public Sector Licensing and Permitting offering such as Public Sector Permits or Public Sector Planning and Zoning.
Note: The accounting framework selection you make will apply to all of your Public Sector Licensing and Permitting offerings.Click the Actions button for the Accounting functional area and select Change Feature Selection.
On the Edit Features: Accounting page, click the Enable icon.
On the Feature Name: Accounting Framework Option modal page, select an accounting framework for your agency. Options are:
Public Sector Accounting
Financials Cloud Subledger Accounting
The option you select determines which tasks appear in the task list for the Accounting functional area. The setup tasks for Public Sector Accounting are documented in this chapter. For more information on Oracle Financials Cloud Subledger Accounting, see Oracle Financials Cloud Implementing Subledger Accounting and Oracle Financials Cloud Using Subledger Accounting
Note: FSM allows you to select both accounting frameworks, but that is not currently supported. You should select only one accounting framework.Additionally, FSM allows you to leave both check boxes blank, but that is not supported. If you do not select an accounting framework, the entire Accounting functional area will be hidden in FSM and you will not have access to critical accounting setup that is required for the Generate Accounting process. Without that setup, the process generates an error for each accounting transaction because there are no accounting rules defined.Click Save and Close.
Click Done.