4 About Accounting Foundation Cloud Service- Standard Edition

Accounting Foundation Standard Edition (AFCS-SE) is a light weight, low cost version of AFCS Enterprise. It enables customers to ingest, standardize source data, apply transformation logic and generating pre accounting attributes. It prepares and structures the data for accounting.

For information on setting up your service, see the AFCS Getting Started User Guide.

The following table depicts the functionalities that are supported in the Standard Edition and Enterprise Edition respectively.

Table 4-1 Set up and Administration

Category Functionality Supported by Standard Edition Supported by Enterprise Edition
Domain Domain selection and deployment Yes Yes
Legal Entity Legal entity setup Yes Yes
Fiscal Period Fiscal period configuration Yes Yes
Parameters Runtime/system parameters Yes Yes
ERP Integration ERP connectivity Yes Yes

Table 4-2 Users and Security

Category Functionality Supported by Standard Edition Supported by Enterprise Edition
Roles & Groups Predefined roles Yes Yes
Custom User Groups IAM integration Yes Yes
Entitlements Access control Yes Yes

Table 4-3 Subledger Accounting

Category Functionality Supported by Standard Edition Supported by Enterprise Edition
SLA Creation Define SLA Yes Yes
Event Types Configure events Yes Yes
Header/Line Mapping Mapping rules Yes Yes
Ledger Assignment Ledger mapping Yes Yes
SLA Pipelines Execution pipelines Yes- forward flow only Yes
Balance Ingestion GL balance ingestion No Yes
Balance Reconciliation Reconciliation No Yes

Table 4-4 Data Management

Category Functionality Supported by Standard Edition Supported by Enterprise Edition
File Upload Data ingestion Yes Yes
External Data Descriptor (EDD) Data definition Yes Yes
Connectors Data transformation Yes Yes
Data Quality DQ rules Yes- forward flow only Yes
Data Catalog Catalog Extensions Yes Yes

Table 4-5 Process Orchestration

Category Functionality Supported by Standard Edition Supported by Enterprise Edition
Process Modelling Pipeline design Yes Yes
Run Pipelines Execution engine Yes Yes
Parallel Processing Advanced flows Yes Yes
Scheduler Scheduled runs Yes Yes
Monitoring Process monitor & logs Yes Yes

Table 4-6 Accounting and Processing

Category Functionality Supported by Standard Edition Supported by Enterprise Edition
Forward Flow Transaction → Journal → ERP Yes Yes

Table 4-7 Balance Computation

Category Functionality Supported by Standard Edition Supported by Enterprise Edition
Balance Computation ML balance calculation No Yes
Currency Conversion Exchange Rate population No Yes
Revaluation FX revaluation No Yes
Translation Multi-currency reporting No Yes
Restatement Backdated processing No Yes
Balance Computation PMF Balance computation pipeline No Yes

Table 4-8 Balance Reconciliation

Category Functionality Supported by Standard Edition Supported by Enterprise Edition
GL vs PP Reconciliation Compare GL vs operational data No Yes
GL vs ML Reconciliation Ledger comparison No Yes
ML vs PP Reconciliation Advanced reconciliation No Yes
Threshold & Adjustments Auto/manual adjustments No Yes
Reconciliation Rules Rule engine No Yes
Balance Reconciliation PMF Balance reconciliation pipeline No Yes

Table 4-9 Reporting and Analytics

Category Functionality Supported by Standard Edition Supported by Enterprise Edition
BCE Dashboards Balance dashboards No Yes
Balance Computation Engine Results BCE Results No Yes
Account Summary Account Summary No Yes
Transaction Summary Transaction Summary No Yes
Reconciliation Framework Analytics GL/ML/PP reports No Yes
Data Visualization DV Yes- forward flow only Yes
Data Quality DQ rules Yes- forward flow only Yes
Business Intelligence Publisher BI Yes- forward flow only Yes
Drill-back (Accounting Journals and Transaction Summary) Transaction traceability Yes Yes