Oracle Fusion Accounting Hub (FAH) is a single source for managing all financial requirement as well as Reporting requirements against transaction and provides complete set of accounting tools and access to financial data. FAH receives data from multiple third party transactional system and applies rules to meet accounting requirements.Subledger Accounting (SLA) is a rule-based accounting engine that centralizes accounting for Oracle Fusion products. Subledger Accounting caters to the accounting needs for both Oracle and external modules. Together with the ledger support, Subledger Accounting enables support of multiple accounting requirements concurrently in a single instance. Different accounting regulations can be satisfied by maintaining and applying different sets of rules to different sets of transactions, or accounting for the same transaction with multiple methods. Subledger accounting options define how journal entries are generated from subledger transactions at the subledger application level.
This Video demonstrates How to configure Sub-ledger accounting for payables in EBS R12 :
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