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Implementing Oracle Fusion General Ledger and Oracle Fusion Accounting Hub by Nivas Ramanathan, Vladimir Ajvaz, Anil Passi

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CHAPTER2

Introduction to General Ledger and Fusion Accounting Hub

Oracle Fusion Financials is a product family within the Fusion Applications suite and it consists of products and applications such as General Ledger (GL), Receivables, Payables, Assets, and Cash Management. In addition to the products from the Financials product family, Oracle Fusion Applications can interface financial data and perform accounting integration with other Oracle and non-Oracle systems using a product called Fusion Accounting Hub (FAH). There is far more to FAH than just accounting integration capability; for instance, using FAH can help organizations to efficiently standardize accounting feeds from third-party systems and provide real-time consolidated reporting ...

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