Identify the step that is NOT correct about implementing Fusion Accounting Hub to integrate with an external system.

Identify the step that is NOT correct about implementing Fusion Accounting Hub to integrate with
an external system.

A.
Analyze external system transactions.

B.
Capture accounting events.

C.
Determine the accounting impact of transactions.

D.
Enable external system to create Journal entries.

Explanation:
The Oracle Fusion Accounting Hub allows you to use Subledger Accounting to
perform accounting transformations on external, non-Oracle system data. Subledger Accounting is
also used to flexibly create accounting for Oracle subledgers such as Oracle Payables and
Receivables. Subledger Accounting includes:
* Registration of your external systems, indicating what types of transactions or activities require
accounting from those systems.
* Create a library of transaction and reference information that will be used for defining accounting
treatments.
* Configurable accounting rules to define accounting treatments for transactions.
* Accounting engine that combines transaction and reference information from source systems
with accounting rules to create detailed journals stored in an accounting repository.
* Detailed subledger accounting journal entry repository to audit and reconcile accounting
balances.
* Reports and user interface inquiries for analyzing accounting transformations.
* Configurable analytical balances based upon source system or reference attributes.
Note:
The Oracle Fusion Accounting Hub process can begin by using financial data from any or all of the

following:
* Non-Oracle external applications including transaction and reference information from industry,
specific applications
* Oracle Fusion subledgers including subledger journals
* Oracle E-Business Suite, Oracle PeopleSoft, and Oracle JD Edwards General Ledgers including
account balances
The Accounting Hub process ends with complete reporting and analysis solutions.
Note 2:
The Accounting Hub contains for example the following component:
* Oracle Fusion Subledger Accounting to perform accounting transformations on external system
data
Oracle Fusion Accounting Hub Implementation Guide, Oracle Fusion Subledger
Accounting for External Systems