The Subledger Accounting Engine represents a major shift in architecture for the accounting component of the Financials product family. In prior releases, the accounting events were stored within individual subledgers. Now a new schema (XLA) exists and the accounting events for each subledger are retained within one data model. One of the new functionalities of the Subledger Accounting Engine is the Accounting Methods Builder which enables users to define accounting rules using standard Oracle forms. With this functionality, we are able to define and maintain custom accounting rules which before were defined in Workflow Account Generators. Users will find several advantages to transitioning custom accounting rules from Account Generators to the Accounting Methods Builder.
There is a number of account generators in R11, that can be replaced by user-defined rules in SLA. Wanna start having some fun? Our old friend Mr. FA Account Generator (FAFLEXWF), used by Assets to generate the Accounting Combinations for each Asset Transaction, is a good candidate. Don’t have a clue where to start? Don’t worry, you are not alone. Please review this tutorial on SLA accounting in Anil Passi’s apps2fusion portal: http://apps2fusion.com/at/58-pv/303-r12-sla-subledger-accounting. Enjoy!