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Finance & Accounting · Oracle Fusion GL · Financial Close · Sub-Ledger

Your Financial Close Takes 5 Days.
It Should Take Hours. The month-end close is the most visible indicator of financial operations maturity. A 5-day close means your organisation is making decisions on last month data. Oracle Fusion General Ledger, configured correctly, enables same-day or next-day close across multiple legal entities, currencies, and intercompany relationships. Symhas implements Oracle Fusion GL — from chart of accounts design through intercompany elimination, sub-ledger accounting, and Oracle Close Manager automation — in a fixed-price engagement that delivers a measurably faster close from go-live.

Book a Finance Assessment View Client Outcomes

5d→1.5dFinancial close cycle — $25B AUM financial services client

47→1Data sources unified — single Oracle Cloud GL platform

99.95%Uptime SLA delivered from go-live — all GL environments

12wkChart of accounts to production GL — fixed price

Oracle Fusion Finance specialists available now Active

↓70% Average reduction in manual journal entries after GL automation implementation

1.5d Minimum financial close achieved across Symhas Oracle Fusion GL deployments

100% First-submission audit pass rate on chart of accounts and SOX control implementations

12wk CoA design to production Oracle Fusion GL — fixed price, all industries

What We Deliver

Core Capabilities.
Production-Deployed in 12 Weeks. Every capability is implemented inside your Oracle Fusion Finance environment — not a wrapper or middleware layer. Fixed price. Fixed timeline.

Chart of Accounts Design & OptimisationSegment design · Value sets · Legal entity · Multi-GAAP

The chart of accounts is the foundation of your financial reporting. Poorly designed CoAs create reporting workarounds that compound over time. Symhas designs Oracle Fusion CoAs that support your reporting needs now and five years from now.

Segment structure design — balancing sheet, cost centre, natural account, intercompany, project

Value set design and validation rules — enforcing correct coding at entry

Legal entity and ledger configuration for multi-entity, multi-currency environments

Multi-GAAP configuration — local GAAP and IFRS reporting from a single transaction

Migration from legacy CoA — EBS, PeopleSoft, or SAP — with restatement mapping

Reporting that works from day one — not a CoA redesign six months after go-live

Intercompany Accounting & EliminationAutomated elimination · Netting · Reconciliation

Intercompany reconciliation is one of the biggest causes of close delays in multi-entity organisations. Oracle Fusion Intercompany automates the matching, elimination, and reconciliation — eliminating the manual spreadsheet process entirely.

Oracle Fusion Intercompany module configuration — automated matching and elimination

Intercompany netting and settlement workflow design

Automated intercompany invoicing and AR/AP offset

Out-of-balance intercompany detection and alert workflow

Integration with Oracle Fusion EPM Financial Consolidation and Close (FCCS)

Intercompany reconciliation reduced from days to hours — or fully automated

Financial Close Automation (Oracle Close Manager)Close tasks · Dependencies · Status dashboard · Audit trail

Oracle Account Reconciliation and Close Manager replace the spreadsheet-based close checklist with a structured, dependency-aware close workflow — with a real-time status dashboard for CFO and controller visibility.

Oracle Account Reconciliation (ARCS) implementation — automated bank and sub-ledger reconciliation

Oracle Close Manager task configuration — dependencies, owners, and due times

Real-time close status dashboard for CFO, controller, and audit

Automated journal posting and period close sequence orchestration

Audit trail — every close task timestamped with evidence and approval record

Close accelerated by 60-80% — with full auditability at every step

Sub-Ledger Accounting (SLA) ConfigurationAccounting rules · Journal lines · Multi-book · Drilldown

Oracle Sub-Ledger Accounting is the rules engine that controls how every transaction — from AP invoices to project costs to asset disposals — posts to the general ledger. Correct SLA configuration eliminates manual journal entry at source.

Accounting rules design for AP, AR, Assets, Projects, Payroll, Inventory, and Costing modules

Multi-book accounting — different accounting treatments for different reporting requirements

Journal line rules — ensuring every transaction posts with the correct account, cost centre, and project

Drilldown configuration — from GL balance to originating transaction in one click

Custom sources and conditions for complex accounting scenarios

80-100% reduction in manual journal entries — accounting determined at source, not month-end

Delivery Model

Assessment to Production
in 12 Weeks. Fixed Price. Four phases with go/no-go gates. Every milestone has a defined deliverable. We tell you the number before week one.

Current State & CoA Design Weeks 1–3 Assess current chart of accounts, close process, and reporting requirements. Design target CoA segment structure. Legal entity and ledger architecture approved. Migration mapping completed.

Core GL & SLA Configuration Weeks 4–8 Oracle Fusion GL configured. Sub-ledger accounting rules built and tested. Intercompany module configured. Chart of accounts migrated and validated against legacy balances.

Close Automation & Reconciliation Weeks 9–10 Oracle Close Manager configured with full close task list. Account Reconciliation implemented. Automated journal schedules configured. Parallel close run against legacy system.

Go-Live & Close Certification Weeks 11–12 Production go-live. First live close completed in Oracle Fusion. Finance team certified on close process. Symhas moves to advisory. Close time formally measured and reported.

Financial Services · GL & Financial Close $25B AUM Asset Manager.
8-Day Close to 1.5 Days. One Oracle Platform. A global asset management firm was running a monthly financial close across 47 data sources with a manual intercompany reconciliation process that took 3 days alone. The full close took 8 working days — meaning the board received management accounts 2 weeks after month end. Symhas redesigned the chart of accounts, implemented Oracle Fusion GL with automated intercompany elimination, configured Oracle ARCS for bank and sub-ledger reconciliation, and deployed Oracle Close Manager — reducing the close from 8 days to 1.5 days. Discuss Your Programme

8d→1.5dFinancial close cycle

↓81%Reporting prep time

0Manual interco journals

12wkTo production

What was delivered Oracle Fusion GL & Close Automation — Financial Services

→Chart of accounts redesigned — 6-segment structure supporting fund, entity, and GAAP reporting

→Oracle Fusion GL configured across 23 legal entities and 6 currencies

→Oracle Intercompany — automated matching and elimination across all 47 intercompany relationships

→Sub-ledger accounting rules — 340 accounting rules eliminating all manual journals at source

→Oracle ARCS — bank reconciliation automated for 89 accounts, sub-ledger tie-out for all modules

→Oracle Close Manager — 187 close tasks with dependencies, owners, and real-time CFO dashboard

“We went from a close that took 8 days and required 14 people to one that takes 1.5 days and runs largely automatically. The board now receives accounts before the week after month-end.” — CFO, Global Asset Management Firm

Oracle Fusion Modules

The Oracle Fusion Components
We Implement for This Capability. Every module configured to your chart of accounts, legal entities, and business rules. Not a generic deployment.

Included

Oracle Fusion General Ledger The core accounting engine — chart of accounts, ledgers, journals, periods, and account balances across all legal entities and currencies.

Chart of accounts and ledger configuration

Multi-currency and revaluation

Journal entry and approval workflows

Account inquiries and drilldown

Included

Oracle Sub-Ledger Accounting The rules engine controlling how every transaction from every Oracle module posts to the general ledger — eliminating manual journal entry at source.

Accounting rules and journal line rules

Multi-book accounting

Source-to-GL drilldown

Custom accounting conditions

Included

Oracle Account Reconciliation (ARCS) Automated reconciliation of bank statements, sub-ledger balances, and intercompany accounts — replacing the spreadsheet reconciliation process.

Bank statement reconciliation automation

Sub-ledger to GL tie-out

Intercompany balance matching

Reconciliation audit trail

Included

Oracle Close Manager Close task management and orchestration — replacing the spreadsheet close checklist with a dependency-aware workflow and real-time status dashboard.

Close task configuration and dependencies

Real-time close status dashboard

Automated period-close sequence

Full audit trail with timestamps

Included

Oracle Intercompany Automated intercompany invoicing, matching, and elimination — replacing manual spreadsheet reconciliation with system-enforced balance.

Automated intercompany matching

Elimination journal generation

Netting and settlement workflows

Out-of-balance alerting

Included

Oracle Financial Reporting (FR Studio) Financial statement production directly from Oracle GL — balance sheet, P&L, and cash flow in the required formats for management, statutory, and board reporting.

Financial statement templates

Comparative period reporting

Drill-through to transaction

Automated report distribution

Why Symhas

Oracle Finance Expertise From
45+ Enterprise Deployments.

CoA Design Experience at Scale Chart of accounts design looks simple and breaks expensively. Symhas has designed CoAs across 45+ Oracle Fusion implementations covering manufacturing, financial services, healthcare, and energy — each with different legal, reporting, and consolidation requirements.

Close Time Is a Contract Commitment We agree a target close time before the engagement starts. If the live close does not meet the agreed target at the Week 12 checkpoint, we continue until it does — within the same fixed price.

SLA Rules Built Right First Time Sub-ledger accounting rules are the most complex configuration in Oracle Fusion Finance. Symhas brings pre-built SLA rule libraries from 45+ engagements — reducing configuration time and eliminating the trial-and-error that causes post-go-live manual journals.

No Manual Journals at Handover Our target for every GL engagement is zero recurring manual journals at go-live. If a manual journal is required after go-live, we treat it as a configuration gap and close it within the engagement scope.

SOX Controls Embedded From Day One SOX and ICFR controls are designed into the Oracle Fusion configuration — segregation of duties, journal approval workflows, and reconciliation sign-off requirements. Controls are tested before go-live, not discovered at audit.

Your Finance Team Owns the Close By go-live your finance team runs the close independently. Symhas certifies the controller and senior accountants on Oracle Close Manager and steps back. No dependency on us to run month-end.

Also in Finance & Accounting

Explore the Other
Finance Capabilities.

Accounts Payable & Receivable Purchase-to-pay and order-to-cash automation on Oracle Fusion — touchless invoice processing, automated collections, and cash application.

Financial Reporting & Analytics Oracle Analytics Cloud and EPM reporting on your GL data — automated board packs, self-serve dashboards, and AI-generated variance commentary.

Revenue Management & Billing Oracle Fusion Revenue Management for ASC 606 / IFRS 15 compliance, contract billing, and automated revenue recognition.

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Next Step

Tell Us What Your Current Close Process Looks Like.
We Will Tell You Exactly How Fast It Can Go. A 30-minute Oracle Finance assessment with a Symhas Fusion GL specialist. We will review your current chart of accounts, close process, and intercompany structure — and tell you what a 12-week engagement would deliver, including a target close time we commit to in writing.

Book a Finance Assessment — 30 min View Client Outcomes

No pitch deck. No sales process. An honest conversation about your Oracle Finance environment.