Sub-ledger Accounting (SLA) is a module within many enterprise resource planning (ERP) systems, particularly Oracle E-Business Suite. It provides a flexible and centralized accounting engine to create accounting entries for various sub-ledgers (e.g., accounts payable, accounts receivable, fixed assets). SLA decouples sub-ledger transactions from the general ledger, allowing for customizable accounting rules and reporting requirements. This enables businesses to comply with diverse accounting standards and internal reporting needs.
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