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R12 SLA: From Product Accounting to Subledger Accounting
Posted By Sanjit Anand On November 16, 2007 @ 8:42 am In EBS Suite,R12,Release12 | 17 Comments
Most of us are well aware that in Release 12 of Oracle Applications, Subledger Accounting (SLA) has been introduced, which is a Rule-based accounting engine, toolset & repository which is supporting most of Oracle business Suite modules. As we know driver for introduction this is to have an option of allowing multiple accounting representations for a single business event, resolving conflicts between corporate and local fiscal accounting requirements. The Functionality is somehow very similar to Global accounting engine, which oracle does offer for European reporting  Need.
So What is Subledger Accounting?
â€¢ SLA is an intermediate step between subledger products and the Oracle General Ledger
â€¢ Journal entries are created in Subledger Accounting and then transferred to Oracle General Ledger
â€¢ Each subledger transaction that requires accounting is represented by a complete and balanced subledger journal entry stored in a common data model
Is this Module or what?
It is good to know ,sub ledger Accounting is a Service, not an Application .
The high points of SLA would be:
What oracle application Module taking services for SLA?
Most of modules which need accounting entry with finance uses service of SLA Modules.
This new Product has these many new functionality such as:
The overall advantage of SLA can be summarized by oracle as below:
GL Flow with Subledger-Level Secondary Ledger
Lets take a case , with a scenario with basic Finance module, you can find how tightly accounting model is separated with transaction model in release 12.
This is the typical flow within one product with SLA can be best described as:
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URL to article: http://www.oracleappshub.com/release12/r12-sla-from-product-accounting-to-subledger-accounting/
URLs in this post:
 European reporting : http://www.oracleappshub.com/oracle-product/understanding-global-accounting-engine-product-ax/
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