Question: 1/50
A retailer wants to centralize accounting for multiple operational systems (POS, eCommerce, and warranty) while keeping transaction processing in the source systems. They want Accounting Hub Cloud to apply consistent accounting rules and create journals to the general ledger. Which statement best describes the recommended role of Accounting Hub Cloud in this architecture?
It replaces the source systems and becomes the system of record for operational transactions.
It receives standardized source transactions, applies accounting rules, and produces accounted entries for transfer/posting to the general ledger.
It only stores summarized balances and cannot support transaction-level accounting.
It is used only for reporting and does not generate journal entries.