Thursday, March 17, 2011

Subledger Accounting (SLA) - an overview

Introduction:


Oracle introduced Subledger Accounting (SLA) with the Release 12 of Oracle Applications. SLA is a Rule-based accounting engine, toolset and repository supporting Oracle EBS modules (called as subledgers). The main idea behind the introduction of SLA is to have an option of allowing multiple accounting representations for a single business event, resolving conflicts between corporate and local fiscal accounting requirements. 

Oracle SLA is not an Application or a new module. There is are no SLA responsibilities. It is a service provided by Oracle Applications. SLA forms and programs are embedded within standard Oracle Application responsibilities (for e.g. Receivables Manager).

In other words, Oracle SLA supports user-defined accounting rules (to enable compliance with multiple geographic, legislative, or industry requirements).

The following are the participating subledgers:

- Payables
- Receivables
- Assets
- Projects
- Cash Management
- Purchasing
- Cost Management
- Process Management





















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