What it includes
- Design of accounting rules by product and event.
- Integration of core systems as data sources.
- Architect or functional lead for Accounting Hub Cloud (AHC) and Financial Accounting Hub (FAH).
- Financials: general ledger (GL), accounts payable (AP), accounts receivable (AR), fixed assets and cash.
Result
Every journal entry can be explained from the event that originated it and the rule applied; the rules are documented by product.
Frequently asked questions
What is the difference between AHC and FAH?
Financial Accounting Hub (FAH) is the Oracle E-Business Suite module installed on the institution’s own servers; Accounting Hub Cloud (AHC) is the equivalent service in Oracle Cloud. Rule design follows the same logic, which is why a migration from FAH to AHC starts from the rules already defined.
How long does an implementation take?
It depends on the number of products and sources. It is estimated during the assessment, with the inventory of the institution’s products and accounting events.