Key Configuration differences between SAP and ORACLE Financials

Hello,
After spending good 7 years in SAP related projects recently I started working in ORACLE Applications. I used to be an ORACLE programmer years back. To my surprise the same ORACLE Forms are still very much the heart of the ORACLE UI.
Then I thought what will be the key differences between ORACLE and SAP in terms of configuration elements. While I know a bunch of configuraion items in SAP , I am not sure about the same in ORACLE world. I am not even sure some of the configuration items that are available in SAP exists in ORACLE.
Does anyone know both sides of the coin ? The terminology and design ?
SAP has
Client,Company code, Business area, Functional Area, GL, Posting Key, Document Type.
I am trying to get the details of the equivalents of these in ORACLE.
Does anyone know it ?
For e.g , when you post to AP or AR in SAP , GL is updated automatically. In ORACLE you post to a AP Book or AR Book then Run a batch to move them to GL Book.
ORACLE uses SQLLoader to load data . You can write a PL SQL and update the tables directly, which is not the case in SAP. For dataloads and conversions, SAP uses BDC's ( though XI can be used but its slow).For ORACLE its the good old SQL and PlSQL combo.
What are the equivalents of the configuration elements in ORACLE world ?
Also what are the major differences between these two in terms of designing a financial system.
Does any one know ?

Genie,
I agree that a case is made on how well these two ERPs solve the day to day tasks before a company chooses one of these two. But my question is aimed at finance to begin with. You are going to need a general ledger for any company or government regardless of ERP. And how well you can drive the ledger to map your business is the key here.
The way ledger is built is around a business area ,company or country and is very tighly designed in SAP. I would like to know if there is any equivalent of the configuration items in ORACLE. I am more interested in terminology of ORACLE.
For example ,
SAP ====> ORACLE
GL ==> Book In ORACLE
Document Number ===> Invoice Number
Posting Period in SAP ==> Posting period In ORACLE
Most of the terms are finance terms , so they are common ( eg. an account number is an account number in ORACLE and SAP ) between two systems. I am interested in any specific thing that is available in ORACLE but not in SAP and vice verse.
thanks for the link you have provided.
Its very useful.

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conti
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