EBS Release R12 Subledger Accounting (SLA)

Subledger Accounting is a rule based accounting engine that centralizes accounting for Oracle E-Business Suite products in R12. Sub ledger Accounting is not a separate module in itself, but it is Oracle's engine catering to the accounting needs of both the Oracle and External modules.

Subledger Accounting enables support of multiple accounting requirements concurrently in a single instance. Different accounting regulations can be satisfied by maintaining and applying different set of rules to different set of transactions, or accounting for the same transaction with multiple methods. Subledger accounting options define how the journal entries are generated from Subledger transactions at the Subledger application level.

A biggest benefit of Subledger Accounting Engine is the ability to create more than one accounting representation for a single transaction entry. This is especially beneficial to global organizations that have statutory and regulatory requirements.

SLA forms and programs can be accessed through standard Oracle Application Responsibilities.

SLA allows multiple accounting respsentations for a single transaction thereby enabling compliance with multiple geographic, regulatory or business requirements.
An existing accounting definition in SLA can be copied and modified as per the requirement.Expensive customizations can be avoided with the flexbility in accounting system.Single step posting to all ledgers at a time. Real time/online accounting.Audit Trail.

Subledger accounting rules can only be applied to transactions coming from the Subledgers. Manual Journal entries and /or entries uploaded through WebADI are not processed by the Subledger Accounting Engine and, therefore cannot leverage user-defined accounting rules.

List of Subledgers use the Subledger Accounting Engine when accounting entries are generated:

Assets

Cost Management

Cash Management

Globalizations

Intercompany

Lease Management

Loans

Payables

Payroll

Public Sector/Federal

Process Manufacturing

Projects

Purchasing

Receivables

The services that the Subledger Accounting Engine provides to the Subledgers are:

Generation and storage of detailed accounting entries.

Storage of Subledger balances.

Access to Subledger accounting entries with drilldown to transactions.

Subledger reporting.

Configurable rules, instead of hard coded ones used by a common accounting engine.

Subledger Inquiry Forms

One of the biggest impacts to the end user is the addition of three new Subledger inquiry forms. These three new forms can be used for research, for reconciliation, and to drilldown from GL. The three new forms are the 1) Accounting Events form, 2 ) The Journal entries form , 3) The Journal Entry lines form.

SLA Reporting

Oracle has developed several new reports that report on data in the SLA repository. New reports in Release R12

Journal Entries Report:

The Journal entries report displays detailed journal entry information and transaction details for Subledger journal entries. This report also includes adjustments entered into the General Ledger and entries posted to general ledger from other sources. Only posted entries are included in this report.

Account Analysis Report (SLA)

The Account Analysis Report provides drill-down information about the movement on a range of accounts and displays all journal entry lines that affect that range for a period or range of periods. The report only includes journal entries transferred to and posted to General Ledger.

Third Party Balance Report

The third party balance report displays balance and activity information for supplier and customer control accounts.

Subledger Period Close Exception Report

The Subledger Period Close Exceptions Report lists all accounting events and journal entries that fail period close validation. It is automatically submitted by General Ledger when closing a GL period if there are unprocessed accounting events or non-transferred journal entries.

Open Account AP Balance Listing.

The AP Trial Balance has been replaced by the Open Account AP Balance Listing in R12. This report is a variation on the more general Open Account Balances Listing, and shows basically the outstanding amount (liability) for all open AP invoices. The balance should match your AP liability account(s) in General Ledger. Users can create their own layout and publish their custom reports using Oracle XML Publisher.