By providing an accounting representation closely tied to the originating transaction, the subledger accounting solution facilitates drill-down, third party control accounts, subledger reporting, and supporting references. Using the Financial Services Accounting Hub, companies can comply with fiscal subledger accounting and detailed audit regulations in countries where accounting must be supported by the source document.
Note: Supporting references can be used to store additional source information about a subledger journal entry either at the header or line level. They can also be used to establish a subledger balance for a particular source, for a particular account.