Overview of Managing Account Hierarchies

Account hierarchies are an essential aspect of Oracle Fusion applications. They are defined using tree functionality, where each hierarchy is represented as a tree with multiple versions. These versions help track the changes in account hierarchies over time.

Publish an Account Hierarchy

To finalize a new or edited account hierarchy, it is necessary to publish it. Account hierarchies play a crucial role in organizing data and facilitating the creation of groups and rollups within an organization.

Overview of Maintaining Account Hierarchies

Maintaining account hierarchies is a best practice that ensures their effective utilization throughout Oracle Fusion General Ledger. Account hierarchies are extensively used for various purposes such as financial reporting, Smart View inquiries, allocation definitions, cross-validation rules, and revaluation definitions.

Designing Account Hierarchies in Oracle Fusion Application - Part 1

This training article provides a comprehensive understanding of account hierarchies and their significance. It explores the creation of account hierarchies in Oracle Fusion, offering valuable recommendations and best practices to follow.