Fusion Accounting Hub

• Oracle Fusion Accounting Hub (FAH) is a single source for managing all financial requirement as well as Reporting requirements against transaction and provides complete set of accounting tools and access to financial data. 
• FAH receives data from multiple third party transactional system and also from the various Fusion Applications Products [ Sub ledgers ] and applies accounting rules to meet the regulatory reporting and business reporting requirements.
• Oracle Fusion Accounting Hub is integrated with Oracle Hyperion Financial Management (HFM) as the latter is a powerful consolidation solution to collect other non-financial information. 
• Oracle acquired Hyperion and started using benefits of Hyperion for consolidation, allocation and reporting in Fusion. 
• Hyperion has been leader in financial domain for years together.
• Fusion Accounting Hub (FAH) acts as integration platform for centralized accounting and its ability to generate multiple accounting representations (e.g., IFRS, local GAAP, industry, regulatory) for a single sub ledger transaction. 
• FAH is a Next-Generation Financial Analysis for Centralized Reporting. 
• Configurable accounting rules helps to capture transaction information used to create accounting. 
• This feature of Fusion is highly configurable to satisfy capturing of transactions and to create different representation requirement for a company.
• Fusion Accounting Hub deals with transactional details and is intended for day-to-day operational reporting and analytics. 
• Hyperion Financial Management (HFM) deals with period-end balances, not transactional details, and is generally not used as an intra-period reporting system.