Oracle Fusion Cloud Financials: Accounting Hub Fundamentals

Oracle Fusion Cloud Financials: Accounting Hub Fundamentals Overview

• Course Objectives
• Objectives
• Accounting Hub Overview
• Accounting Hub Components
• Rapid Implementation Approach to Registering Source Systems and Uploading Transactions
• Accounting Transformation: Accounting Methods Overview
• The Financial Reporting Center Overview
• Other Reporting Tools Overview
• Summary

Enterprise Structures and Ledgers Overview

• Objectives
• Common Applications Configuration for Oracle Accounting Hub
• Legal Entities Defined
• Legal Entity, Ledgers, and Balancing Segment Values
• Legal Entities and Intercompany Transactions
• Financial Reporting Structures Overview
• Chart of Accounts Components
• Assigning Segment Labels
• Accounting Calendar Overview
• Manage Currencies Overview
• Ledgers Overview
• Ledger Structure
• Rapid Implementation Process
• Practices Overview
• Deploying the Accounting Flexfield
• Specifying Ledger Options
• Review and Submit Accounting Configuration
• Practices Overview
• Summary

Accounting Transformation Configuration

• Objectives
• Accounting Transformation Overview
• Planning and Modeling Subledgers
• Accounting Transformation Implementation Steps
• Step 1: Analyze and Identify Transaction Life Cycle in the Source System
• Step 2: Analyze Accounting, Reporting Audit, and Reconciliation Requirements for Transaction Types
• Loan Source System Analysis Example
• Accounting Event Model Overview
• Accounting Attribute Assignments for Accounting Hub
• Step 3: Register Source Systems
• Registering a Source System Flow
• Downloading the Spreadsheet Template
• Populating the Spreadsheet Template
• The Source System Worksheet
• The Transaction Information Worksheet
• The Line Information Worksheet
• Validating the Spreadsheet Content and Generating the .zip File
• Uploading the .zip File
• Verifying That the Source System Was Created
• Transaction Objects
• Practice Overview: Registering a Source System
• Step 4: Configuring Accounting Rules
• Predefined Accounting Methods
• Managing Accounting Methods and Rules Flow
• Configure Accounting Rules with a Streamlined Navigation Across Rule
• Components
• How the Different Types of Rules Fit Together
• Loan Source System Example of Accounting Rules
• Mapping Sets Overview
• Creating Mapping Sets
• Import Mappings of Mapping Sets
• Practice Overview: Creating a Mapping Set
• Account Rules Overview
• Rule Types
• Value Types
• Account Rules Best Practices
• Conditions
• Condition Constant Values
• Practice Overview: Creating Account Rules
• User-Defined Formulas
• Formula Definition
• Predefined Formula Functions
• Practice Overview: Creating a User-Defined Formula
• Creating Description Rules
• Practice Overview: Creating a Description Rule
• Creating Supporting References
• Selecting Multiple Supporting References
• Assigning Supporting References Across Journal Line Rules
• Adjust Supporting Reference Balances Using a Spreadsheet
• Entering Initializing Balances
• Reviewing Balance Adjustments
• Practice Overview: Creating a Supporting Reference
• Creating Journal Line Rules
• Practice Overview: Creating a Journal Line Rule
• Journal Entry Rule Sets Overview
• Creating Journal Entry Rule Sets
• Practice Overview: Creating a Journal Entry Rule Set
• Accounting Methods Overview
• Creating Accounting Methods
• Valuation Methods for Accounting Hub Subledgers
• Valuation Methods Example
• Configuring Subledger Applications to Support Multiple Valuation Methods
• Migrating the Accounting Transformation Configuration
• Enhanced Export and Import of Subledger Accounting Setup Data
• Practice Overview: Creating a Subledger Accounting Method
• Step 5: Uploading Transaction Data from a Spreadsheet for Testing
• Automated Processing Options
• Accounting Hub Maintenance Overview
• Export Accounting Errors When Purging Invalid Transactions
• Sweep Accounting Hub Transactions to Next Open Period
• Flexible Configuration of the Accounting Flow
• Two Options to Import Transaction Data
• Transaction Reversal
• Practice Overview: Uploading Transaction Data from a Spreadsheet
• Subledger Journal Entries in Accounting Hub
• Transferring SLA Entries to General Ledger without Running Post Subledger Journal Entries and Journal Import
• Step 6: Ensure that All Accounting is Correctly Generated
• Review and Correct Accounting Exceptions for Subledgers
• Correcting Accounting Hub Transaction Data for Invalid Entries
• Searching for Subledger Journals by Transaction Number
• Subledger Journal Entry Analysis
• Viewing Subledger Accounting Rules for Journal Entries
• Practice Overview: Viewing the Draft Journals and Posting the Journals in Final Status
• Creating Manual Subledger Journal Entries
• Adding Attachments to Manual Subledger Journal Entries
• Exchange Gain or Loss Treatment in Foreign Currency Manual Subledger
• Journals
• Manual Subledger Journal Transfer to General Ledger by Preparer
• Using Account Override on a Subledger Journal Entry
• Subledger Journals in Adjusting Periods
• Advanced Features of Subledger Accounting
• Subledger Accounting Profile Options
• Accrual Reversals Flow
• Accrual Reversal Automation for Manual Subledger Journals
• Multiperiod Accounting
• Implementation Steps
• Multiperiod Accounting Example: Loan Origination Fees
• Using Multiperiod Subledger Accounting Rules
• Nested Formula Definitions
• Create a Nested Formula
• Summary

Period Close Components

• Objectives
• General Ledger Accounting Cycle
• Period Close Overview Workspace
• Period Close Components
• Open and Close Period Statuses
• Multicurrency Component
• Revalue Balances Overview
• Revaluation Process
• Revaluation Example
• Translation Overview
• Translation Conversion Rates by Account Type
• Consolidation Methods
• Reporting Only Consolidation Method: Example
• Balance Transfer Consolidation Method
• Oracle Hyperion Financial Management Integration Overview
• Summary