Automating Accounting Hub Cloud Integration with Oracle Integration by Kishore Katta

Background (What is Accounting Hub Cloud?)image

Oracle Fusion Cloud Accounting Hub is a robust accounting engine that integrates and aligns information from virtually any source system to consistently enforce accounting policies and meet multiple reporting requirements, giving you the agility, control, and insight needed to run your business.

As an integrated accounting platform, Accounting Hub standardizes the accounting from multiple third party transactional systems to consistently enforce accounting policies and meet multiple reporting requirements in an automated and controlled fashion, and with minimal disruption to existing financial processes. The core capability of Accounting Hub is the robust accounting engine, delivering flexible configuration that captures rich elements from your existing business systems

Accounting Hub improves the agility of finance organizations with a simple process for integrating source systems into one enterprise-wide accounting platform and recording financial transactions from the subledgers to enhance reporting.

Why we need to Automate the Process of importing Transactions?

Customers with high volumes of transactions from diverse industry applications such as internet services and marketplaces, billing systems for telecommunications, core banking platforms, logistics, or claims systems for insurance, Accounting Hub can receive transaction information from these external source systems and apply rules to create detailed accounting entries to meet virtually any accounting requirement. They need to integrate new industry-specific systems or recently acquired companies into their existing environment and automate the whole process of importing accounting transactions seamlessly into Accounting Hub.


A Financial Services company Vision Corp (a fictitous company) has multiple transaction systems (for Loans, Insurances, Billing etc.,) acquired or home-grown over a period of several years. Each of these systems have limited or no accounting & reporting capabilities. Fiscal reporting involves manual consolidation of accounting which is spread across disparate transaction systems. Vision Corp would like to centralize the process and bring down the consolidation time & efforts with touchless automated accounting & reporting processes.


Oracle Inegration capabilities are used to automate the process Subledger posting of Loan Transactions into Accounting Hub Cloud. Out of the box ERP Cloud adapter capabilities helps to integrate seamlesslly with UCM Services and ESS jobs to further simplify the import process. The solution provides automated processing to bring the transaction data files from the registered source systems into the ERP Cloud. This includes data from other external sources, such as other custom applications, transaction systems, or legacy ERP. Optionally, data transformation processing may be required for data sourced from other external files which doesn’t match the template. Read the complete article here.

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Technorati Tags: SOA Community,Oracle SOA,Oracle BPM,OPN,Jürgen Kress

About Jürgen Kress
As a middleware expert Jürgen works at Oracle EMEA Alliances and Channels, responsible for Oracle’s EMEA Fusion Middleware partner business. He is the founder of the Oracle SOA & BPM and the WebLogic Partner Communities and the global Oracle Partner Advisory Councils. With more than 5000 members from all over the world the Middleware Partner Community is the most successful and active community at Oracle. Jürgen manages the community with monthly newsletters, webcasts and conferences. He hosts his annual Fusion Middleware Partner Community Forums and the Fusion Middleware Summer Camps, where more than 200 partners get product updates, roadmap insights and hands-on trainings. Supplemented by many web 2.0 tools like twitter, discussion forums, online communities, blogs and wikis. For the SOA & Cloud Symposium by Thomas Erl, Jürgen is a member of the steering board. He is also a frequent speaker at conferences like the SOA & BPM Integration Days, JAX, UKOUG, OUGN, or OOP.

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