Udemy
    •  
    •  
    •  
    •  
    •  
    •  
    •  
    •  
Subscribe
Turn what you know into an opportunity and reach millions around the world.
Learn More
Your cart is empty.
Keep shopping
Oracle Fusion Accounting Hub
Rating: 4.6 out of 5(5 ratings)
38 students

Oracle Fusion Accounting Hub

Learn how to integrate source systems data to Oracle Fusion
Created byVikas Handa
Last updated 3/2025
English

What you'll learn

  • Understand end-to-end process for Oracle Fusion Accounting Hub
  • Understand accounting creation for pass through transactions
  • Understand accounting creation for event based transactions
  • Understand how to handle accrual type of transactions and perform auto reversal

Explore related topics

Course content

1 section • 9 lectures • 3h 13m total length

  • Introduction to Oracle Fusion Accounting Hub14:35

    In this chapter, you will learn about end-to-end process of accounting hub and it's business usage.

  • Define Source Systems in Accounting Hub16:28

    In this chapter, you will learn how to define new source systems in Oracle Fusion Accounting Hub. Once the source systems are defined then you can perform transactions against source systems.

  • Upload a simple transaction for a source system25:15

    In this chapter, you will learn the process of uploading transactions against a source system.

  • Upload transactions and transform chart of account36:06

    In this chapter, you will learn how to transform chart of account from what is sent by source system to what you want in target system.

  • Upload Event Based transactions23:12

    In this chapter, you will learn how to generate accounting for system which send you only transaction details and no accounting. Using the event, sale or purchase etc., you will generate accounting for the transaction.

  • Upload Foreign currency transaction25:02

    In this chapter, you will learn how you can upload transactions for foreign currency, how exchange rate is used etc.

  • Upload Accrual type of transactions10:14

    In this chapter, you will learn how to upload a transaction which is of accrual in nature. Such transactions needs to be reversed automatically.

  • Upload Supporting references against a transaction25:04

    In this chapter, you will learn how to upload Supporting references against a transaction. Supporting references are additional details which you upload against a transaction.

  • Change description of a transaction17:46

    In this chapter, you will learn how you can define a description for a transaction.

Requirements

  • Basic knowledge of Oracle Fusion

Description

Oracle Fusion accounting hub is a powerful module which allows you to integrate disparate source system to your accounting system so that you can generate accounting in a common platform. Your source system may have different types of transactions, some may generate some accounting, some may not. Some may use the same chart of account as your ERP, some may not. Oracle Fusion acts as a central transformation engine which receives different types of transactions and converts those to accounting journals using SLA rules.

Without accounting hub, organizations find it difficult to control the processes in source systems and struggle in accounting when they consolidate. By using accounting hub, transformation rules can be defined centrally which will allow in standardizing the processes.

All sources systems defined in accounting hub act as a subledger similar to Receivables, Payables etc. When accounting journals are created, you can search those journals in General Ledger using the source systems names you have given.

You can also generate various reports using OTBI which will show the data coming into accounting hub and getting transformed into GL journals.

Accounting hub implementation sets the foundation for standardized and controlled transformation of disparate source systems data into your ERP.

Who this course is for:

  • Oracle Fusion Functional Consultants

Report abuse