Financial Consolidation and Close

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    Rich Wilkie
    EPM - Financial Consolidation and Close (FCCS): Tips...
    Topic posted August 25, 2017 by Rich WilkieGold Medal: 3,500+ Points, tagged Balance Sheet, Cash Flow, Consolidation, Dashboards, Data Integration, Dimensions, Eliminations, Income Statement, Intercompany, Locking, Supplemental Data, Task Manager, Tip, Translations 
    317 Views, 12 Comments
    Title:
    EPM - Financial Consolidation and Close (FCCS): Tips and Tricks -- September 6, 2017, 9:00 a.m. PT - Submit Questions
    Content:

    Submit your questions for the EPM - Financial Consolidation and Close (FCCS): Tips and Tricks session to have them answered during the live event. Post your questions by posting a new comment to this topic.

    Please submit your questions by Tuesday, September 5, 2017.

    Comment

     

    • Elizabeth Downton

      Rich,

      I have a client who needs 3 custom dimensions and Multi-GAAP. When will additional customs be available in FCCS? How would you suggest a design work around to address this limitation?

      Thanks,

      Elizabeth Downton

       

    • Rajesh Bhatia

      once the capability to support more than 2 customs is released (expected in 17.10) then the customer would have to rebuild the application with the new dimensionality. before rebuild they can export artifacts from old application and then import into the new application. 

       

      Rajesh

    • Bernardo Andres Neira

      Hi,

      Not every client has the detail of movements for every account in their balance sheet, is there a way to send accumulated data from a group of accounts to a new account where the detail can be filled for the whole group instead of one by one ??

      I've tried by filling the formula tab and sending opening balance and closing balance to the new technical account however in order to do this the account must be dynamic data thus restricting the input of any movement detail

      Thanks

    • Bernardo Andres Neira

      Are there any future plans to enhance the functionality of the Closing_Balance Input member ??

      So far I've seen it doesn't translate, it doesn't consolidate and it doesn't work with YTD loads

      Thanks

    • Bernardo Andres Neira

      Regarding the journals module will there be an option lo load YTD adjustments and not only periodic ??

      Thanks

    • Bernardo Andres Neira

      With the advanced consolidations option expected for the next release I had a couple of questions

      1. Will the ownership management work the same way it did on HFM ? I mean will the main input be entity shares and then through some calculations will we get the Ownership % ??

      2. Will Org by Period be included on this release ??

      Thanks

    • Rajesh Bhatia

      1. Yes

      2. Yes

    • Bernardo Andres Neira

      If I want an application with different types of adjustments that should be tracked for example through Smartview, where should I create that hierarchy ?? If I create new members as children under FCCS_Jounal Input (Data Source dimension) is that a viable solution ?? Im not sure on the journals module one can select a different member for this dimension.

      Thanks

       

    • Santiago Ruiz Ingelmo

      Hi,

      Our client has different consolidation perimeters and sub-perimeters. Will FCCS support  various consolidation methods such as Holding, Global, Proportional or Leaving?

      Will the ownership % be able to be modified directly as a percentage or will it only be possible to modify entiity shares?

      Thanks

    • Bjoern

      - Using EPM Automate with a technical dummy user -

      We are using EPM Automate to transfer data into the Inbox of Data Management and to consolidate periodically.

      For that we would expect that each domain has a pre-defined technical dummy user which does not have to change its password and that does not count towards the licenses.

      We have found three technical users in FCCS services but couldn't use them for EPM Automate. (they haven't been excepted by the system)  

      It would be nice to get more information how Oracle thinks how it should be handled.

      Thanks 

    • Kelly Green

           Has anyone experienced bug 26559478​?  ​I was given the number by support but cannot find any information on it.

      Essentially the bug is that when a new parent entity is created, the children below it show no data.  If these children are shared, the shared instance in an alternate hierarchy still shows data and aggregates fine.

    • Rajesh Bhatia

      this bug is fixed and will be released in 17.10 (aka test pods on Oct 6th).