Account Hierarchy Manager is fully integrated with Oracle General Ledger. You can create and manage values and hierarchies for your Accounting Flexfields using the Account Hierarchy Manager just as you can in General Ledger.
All changes made in Account Hierarchy Manager are reflected in GL upon saving and your entire chart of accounts is available in Account Hierarchy Manager. Working with account structures and hierarchies in Account Hierarchy Manager is easy and intuitive because of the graphical interface. In addition, performing what-if manipulations for account structures is a simple process using the Account Hierarchy Manager.
You can:
-Graphically create, maintain, and review account structure hierarchies.
-Define new parent and child segment values, as well as change parent/child dependencies.
-Create new rollup groups from the Account Hierarchy Manager and have your changes reflected automatically in both the Key Segment Values and Rollup Groups windows.