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Looking to Leverage Subledger Accounting for More Flexible Financial Reporting in Oracle E-Business Suite?

Companies mentioned in this article: Excel4apps

RALEIGH, N.C. -- (BUSINESS WIRE) -- Excel4apps, a provider of Excel-based financial inquiry and reporting software, consistently offers practical tips to help finance teams perform more accurately and efficiently as Oracle E-Business Suite users. Recently, finance teams using Oracle E-Business Suite have searched for ways to capitalize on the detailed accounting data generated by Oracle E-Business Suite’s powerful subledger accounting architecture, and Excel4apps is helping provide answers.

“The rich accounting data generated with informed use of subledger accounting is very useful for financial reporting and reconciliations,” said Gregg van der Westhuizen, Solutions Specialist, Excel4apps. “Our goal is to help finance teams identify reporting challenges with subledger accounting and address them through our straightforward and effective Excel-based GL Wand solution.”

To highlight how to leverage subledger accounting’s power, van der Westhuizen will lead a free webinar from Excel4apps, “Unleash Seamless GL Reporting with Oracle Subledger Accounting,” from 1 p.m.-2 p.m. EDT on July 30, 2014. He will review accounting changes from Oracle E-Business Suite 11i to Oracle E- Business Suite 12, as well as expand on answers to these and related questions:

  • What are the limitations of standard Oracle reports with subledger accounting?
    Subledger accounting architecture removes limitations on the information that users can transfer to the subledger accounting repository. This means that a powerful, but flexible, reporting tool is needed to capitalize on the detailed accounting repository. Also, these reports output a static text format so users cannot drill back to the transaction source.
  • How do users benefit from using an Excel-based reporting tool with subledger accounting?
    Finance users can gain easy access to the incredibly rich detail provided by subledger accounting without the help of IT using GL Wand. Its Excel-based interface delivers flexibility for end users to create sophisticated reports with the exact information needed from subledger accounting or general ledger data and the ability to refresh these reports in real time. Users can also drill from the balance in a report down to the detailed balances, journals and subledgers.

In addition, webinar participants will learn how to use GL Wand to get key transactional information to the general ledger using the standard, Oracle-supported Subledger Accounting Methods Builder for further expediting reporting processes. Find out more webinar details and reserve your space here.

Excel4apps’ GL Wand has achieved Oracle Validated Integration with Oracle E-Business Suite, and Excel4apps is a Gold-level member of Oracle PartnerNetwork (OPN).

About Excel4apps

Excel4apps is a provider of Excel-based reporting and budget-loading software for Oracle and SAP. Designed for financial professionals, the award-winning GL Wand, Reports Wand, and Budget Wand products easily and securely deliver real-time ERP data using Microsoft Excel to save reporting time and effort. Excel4apps serves over 16,000 Oracle and SAP users worldwide, with offices in the United States, United Kingdom, Australia, United Arab Emirates, Hong Kong, Philippines and South Africa. For more information, please visit www.excel4apps.com.

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