Posts

Posts

  • Carol Robinson
    Let’s start the conversation for Enterprise Contracts!
    Topic posted August 22, 2019 by Carol RobinsonGreen Ribbon: 100+ Points, tagged Tip in Sales > Enterprise Contracts public
    Title:
    Let’s start the conversation for Enterprise Contracts!
    Summary:
    Welcome to the Forum for Enterprise Contracts
    Content:

    As our customer base grows, we’d like to see you join us here on the Cloud Customer Connect forum to talk to us, the Product Management and Strategy teams, as well as to engage with others who are on a similar journey. You can search previous posts here, and ask new questions. If you'd like to make any suggestions or propose new ideas, check out the Enterprise Contracts Idea Lab.

    We also suggest you take a look at the Cloud Readiness for Engagement where you can learn more about Enterprise Contracts. There you can find the New Feature Summary and What's New documents. You can also dive into greater depth with the Enterprise Contracts guides and help topics available from the Product Documentation link.

    If you’re new to Cloud Customer Connect, be sure to review the introduction video which you'll find at the Watch Now button under the Conversation region on the home page. We encourage you to invite others to join the conversation!

  • Carol Robinson
    Let’s start the conversation for Subscription Management!1
    Topic posted August 22, 2019 by Carol RobinsonGreen Ribbon: 100+ Points, tagged Tip in Sales > Subscription Management public
    Title:
    Let’s start the conversation for Subscription Management!
    Summary:
    Welcome to the Forum for Subscription Management
    Content:

    As our customer base grows, we’d like to see you join us here on the Cloud Customer Connect forum to talk to us, the Product Management and Strategy teams, as well as to engage with others who are on a similar journey. You can search previous posts here, and ask new questions. If you'd like to make any suggestions or propose new ideas, check out the Subscription Management Idea Lab.

    We also suggest you take a look at the Cloud Readiness for Subscription Management to learn more. There you can find the New Feature Summary and What's New documents. You can also dive into greater depth with the Subscription Management guides and help topics available from the Product Documentation link.

    If you’re new to Cloud Customer Connect, be sure to review the introduction video which you'll find at the Watch Now button under the Conversation region on the home page. We encourage you to invite others to join the conversation!

  • Heidi McLellan
    Let’s start the conversation for Vocado Student Financial P...5.0
    Topic posted August 6, 2019 by Heidi McLellan, tagged Tip in Vocado Student Financial Planning public
    Title:
    Let’s start the conversation for Vocado Student Financial Planning
    Summary:
    Welcome to the Vocado Student Financial Planning Forum!
    Content:

    The Vocado Student Financial Planning Forum is for topics associated with US Financial Aid support (eligibility, packaging, awarding, disbursing, etc). 

    Use this as a place to pose questions, connect with experts, and share your thoughts and ideas. New to Customer Connect? Visit the Getting Started page to learn how to best leverage community resources.

    As our customer base grows for Vocado Student Financial Planning (SFP), we’d like to get started with the collaboration for which Higher Ed is famous! Please use the Cloud Customer Connect forum to talk to us, the Product Management and Strategy teams as well as to engage with others who are considering or who are on a similar journey. 

    Visit the Student Management forum for topics related to other core pieces of the Student Cloud solutions. As our interaction warrants, we will utilize other features of this site, such as Events, the Idea Labs and so on. Stay tuned – this is just the beginning!

    If you’re new to Cloud Customer Connect, watch the introduction video for useful information. You can find the video on the home page, in the Conversation call out; just click the “Watch Now” button.  And, don’t forget to invite others to join the conversation!

  • Susan Beidler
    Let’s start the conversation for Student Management!75.0
    Topic posted August 6, 2019 by Susan BeidlerGreen Ribbon: 100+ Points, tagged Tip in Student Management public
    Title:
    Let’s start the conversation for Student Management!
    Summary:
    Welcome to the Forum for Student Management
    Content:

    As our customer base grows for Student Management, we’d like to get started with the collaboration for which Higher Ed is famous!  Please use the Cloud Customer Connect forum to talk to us, the Product Management and Strategy teams as well as to engage with others who are considering or who are on a similar journey.

    We’ll start with this Forum for Student Management and a separate Forum for Vocado Student Financial Planning.  As our interaction warrants, we can utilize other features of this site, such as Events, the Idea Labs and so on. Stay tuned – this is just the beginning!

    If you’re new to Cloud Customer Connect, be sure to review the introduction video for useful information; you will find that on the home page, under Conversation, the “Watch Now” button.  And, invite others to join the conversation!

  • Mark Rinaldi
    What's New in 19.12?15.0
    Topic posted December 6, 2019 by Mark RinaldiSilver Crown: 22,500+ Points, tagged EPM Automate, Groovy, Help Center, Integration, Reports, Security, SmartView, Tip, Upgrade, User Assistance in Enterprise Performance Mgmt > Planning public
    Title:
    What's New in 19.12?
    Summary:
    ...last one of the year!
    Content:

    Here we are again and for the last time this year (BTW, pet peeve, this isn't the last time in the decade... decade ends 31-Dec-2020)!

    As usual, I assume you have already memorized the latest What's New document from our wonderful User Assistance team but I'll plagiarize and add some (hopefully) helpful commentary.  Staying with my recent theme, I'll list the EPM Common features and then focus on the Planning-only items and leave the non-Planning features to my friends in the other forums.

    New Features - EPM Common

    1. The Video team keeps pumping out the hits with some excellent overview videos that are very helpful to learn more about our new product offerings from June of this year, EPM Standar Cloud or EPM Enterprise Cloud, and the must watch video for all your User Assistance Assets for EPM Cloud to ensure you know where to access all the available resources to better understand your EPM Cloud solutions.
    1. EPM Cloud now allows Service Administrators to assign a user to many groups. This new feature simplifies group-based assignment of application roles and access control.
    1. Ooh, here's a nice one that you've probably wondered about... A new Select All checkbox in the Select Members dialog box in Financial Reporting Web Studio lets you select all members currently assigned to a report or a book instead of selecting one member at a time. This saves time if you have a report or a book with several members and wish to remove all the members to update the report or book instead of removing one member at a time.
    1. We have renamed Financial Reports to simply "Reports" in User Preferences on the title page and in the object library in the Navigation Flow designer.  Three guesses why in the comments?  First one with the correct answer wins absolutely nothing except Customer Connect fame and glory!  laugh
    1. The Data Management (DM) team keeps enhancing the fabulous On-Premises Agent, which can now be installed as a Windows service, enabling you to run the agent in its own Windows session. This service can be started automatically when the computer boots, can be paused and restarted, and does not show any user interface. On Linux computers, the EPM Integration Agent will be started as a background process.
    1. I hope you are sitting down because I'm sure you'll be stunned to know that there is a new version of Oracle Smart View for Office, 11.1.2.5.910, available this month with new features and fixes.

    New Features - Planning

    1. The Video team has also created a Planning-related video for Source System Integration with the EPM Integration Agent.  We're happy to announce the EPM Integration Agent, a flexible, extensible source data integration solution! With custom and seeded SQL queries and scripting you can extract and transform data from on-premises (I had to add the ending "S" and will scold the author internally, for those that have been following my previous posts, you'll know why cheeky) and third party cloud source systems for use in Planning.  Getting data into EPM Cloud is even more robust and easier than ever.
    1. Have your or users ever wondered why a data cell is read-only?  Wonder no more... There are many reasons why a data cell is read-only. For example, you might not have write access to the cell, or maybe the cell’s value is calculated dynamically. Now you can determine the reason why a cell is read-only.

      The Action menu in a form now provides an option, Show Reasons for Read-Only Cells. Selecting this option loads the reasons why cells are read-only. Then you can right-click on a cell and select View Reasons for Read-Only Cell to see the reasons why the cell is read-only.  Voila!  Pretty cool, I think.

    2. In simplified multiple currency applications, you can now assign security to the Currency dimension to make Currency dimension members read-only based on user access. To enable security for the Currency dimension, click the Edit Dimension Properties tab, and then select Apply Security.  Yay!
    1. There is now an Import Exchange Rates job type for simplified multi-currency. To create this job type, you must point to an import CSV file that is located (available) in the inbox.

    Upcoming Changes - EPM Common

    1. In a future update, there will be a revised interface with enhanced navigation and a new theme called Sky Blue.  The revised interface retains existing functionality and enhances your experience with a more modern look and feel and responsive design. The Welcome Panel and the Global Header readjust after resizing, which means less scrolling. An updated Welcome Panel features Announcements and Notifications. Arrows are available on the Home Page to help you navigate easily between the Springboard and infolet dashboard pages. A bigger Navigator Menu has improved usability, more themes for customization are included, and a bigger work area has more space to maneuver and provide better visibility. The interface is also more consistent with other Oracle products, such as Fusion Applications.

      After the interface is released, all new customers will use the new lighter-colored Sky Blue theme, and existing customers will keep their current theme. You can switch themes using Tools, and then Appearance.

    2. In an upcoming release, Oracle will rename the Planner EPM Cloud predefined role as User. This change will have no functional effect.

      Subscriptions that were provisioned prior to the May 2016 update used the Planner role, which has been maintained in subsequent updates to provide continuity. In subscriptions that were activated after May 2016, the Planner role was already replaced by the User role.

    3. Removal of Instance name from predefined Role names.  Currently, the predefined role names displayed in the Access Control screens of EPM Cloud environments prefix the instance name to the role name in INSTANCE_NAME ROLE_NAME format. They are also stored in this format in the snapshots, making it difficult to migrate snapshots from one instance to another.

      To facilitate the migration of security across EPM Cloud environments, Oracle plans to rename predefined role names displayed within EPM Cloud applications by removing the instance name prefix. For example, if the instance name is Planning1, predefined role names are Planning1 Service Administrator, Planning1 Power User, Planning1 User, and Planning1 Viewer, the new role names will be Service Administrator, Power User, User, and Viewer.  This is a great thing!

      NOTE: This change does not affect how the role names are displayed in the MyServices customer portal.

      This change won't impact customers who currently use predefined roles for managing application-level provisioning and access to artifacts. Oracle will ensure that all application role assignments and artifact security assignments are automatically updated after the roles are renamed. This change makes it easy to migrate EPM Cloud artifacts across environments.

      This change is being implemented to address customer feedback. If you have any concerns about this change, please contact Oracle Support.  {Cough, cough... do you remember why I said we add this paragraph?}

    4. Predefined Role Names as EPM Cloud Key words.  Starting with an update in the near future, Oracle plans to treat the following predefined role names as EPM Cloud key words, which should not be used in the name of any custom artifacts that you create; for example, as a group name in Access Control.

    • Service Administrator
    • Power User
    • User
    • Viewer
    • Planner
    • System Administrator
    • Application Administrator
    • Library Administrator
    • Reports Administrator

    If you have any groups or artifacts named using these keywords, Oracle requests that you rename or delete them; else Oracle will rename them to ensure that there is no impact because of this change. For example, a group named Power User will be renamed as Power User1 without affecting the current role assignments. If you do not want Oracle to automatically rename such groups, you must rename them.

    This change is being implemented to address customer feedback. If you have any concerns about this change, please contact Oracle Support. {Cough, cough}

    1. In a future update, Oracle will add a query governor on Essbase block storage and aggregate storage cubes to guard against excessive server load created unintentionally by running ad hoc queries that take a very long time to complete. The new governor will limit all queries to a maximum of 30 minutes execution time. This governor affects only retrieval of data, for example, Smart View ad hoc queries, web and Smart View forms, and reports. It does not affect business rules.

    Upcoming Changes - Planning

    1. Update to the exception response in REST APIs for Planning and Planning Modules.  Oracle will remove the internal package and class names from the following fields in the exception response in REST APIs for Planning and Planning modules in an upcoming release in early 2020:
    • message
    • localizedMessage

    Considerations - EPM Common

    1. Clarifications on EPM Automate Command and REST API behavior for ADDUSERS.  The EPM Automat and REST API documentation has been enhanced for the addUsers command/API, respectively.  The updated documents detail the command/API usage and behavior in SSO and non-SSO configurations.

    Hmmm, my favorite may be the video for the Planning source system integration with the EPM Integration Agent.  It is a very powerful feature.  Seeing why a cell is Read-only can be useful as well as being able to secure the Currency dimension.  Let me know your favorite feature.

    Hopefully you get some time off later this month to recharge for the new calendar year.

    As always, Happy Planning!

  • Mihajlo Belosevic
    Dynamic list/ Alternate hierarchy for Period dimension2
    Topic posted December 6, 2019 by Mihajlo BelosevicRed Ribbon: 250+ Points, tagged Dimensions, Reports, Tip in Enterprise Performance Mgmt > Financial Consolidation and Close public
    Title:
    Dynamic list/ Alternate hierarchy for Period dimension
    Summary:
    Period dimension list
    Content:

    Hello everybody,

    I'm facing an issue with the clients request for Period display in certain reports. The request is f.e. If April is chosen in the prompt when running the report, the reports should display values within the range January - April, if October is chosen then the reports should display January - October, and so on...Does anyone have any idea or some hint or anything ? :) I have tried with relative function (Current point of view for Period -1, -2 , -3,...and i used conditional suppress but it didn't work, i always get all the months for which there was some entry). Is there an option to create an alternate hierarchy for Period dimension in FCCS, and then maybe I can use "Start Period" and "End Period" option, but I didn't manage to create alt hierarchy. Thanks in advance !

    BR, Mihajlo

    Version:
    19.11.59
  • Ramamurthy Shankarachetty
    Lineage document for Oracle Analytics For Fusion ERP for the...5.0
    Topic posted December 6, 2019 by Ramamurthy Shankarachetty, tagged Fusion Financial reporting, Tip in Reporting and Analytics for ERP public
    Title:
    Lineage document for Oracle Analytics For Fusion ERP for the GA release(2.0)
    Summary:
    This document provides the lineage report for the GA release(2.0) from Subject Area to data warehouse table and column.
    Content:

    Enclosed Oracle Analytics For Fusion ERP subject area to database lineage mapping spreadsheet and this is for GA release (2.0). This spreadsheet is published by OAX ERP Development. Customers can use this spreadsheet to search for reporting fields in OAX subject areas or trace the lineage from subject area to data database tables and columns.  

     

  • Christine Doxey
    Addressing the Layers of Chaos: 10 Best Practices to Simply...5.0
    Topic posted December 5, 2019 by Christine DoxeyRed Ribbon: 250+ Points, tagged Error, Financial Reporting Compliance, Financial Transactions, Financials, Fraud, Governance, Risk Management, Tip in Human Capital Management > Risk Management public
    Title:
    Addressing the Layers of Chaos: 10 Best Practices to Simply Your Financial Close
    Summary:
    As many companies get ready for a December Fiscal Year-End Close, they should consider the best practices recommended in this article.
    Content:

    Introduction

    Over the last decade, the financial reporting landscape has seen significant change. Finance and accounting executives face mounting pressure to increase the accuracy of financial reporting while decreasing the turnaround time needed to close the books. Regulatory agencies have introduced a host of new standards and accounting rules changing materiality  thresholds, requiring detailed schedules, and new disclosures for public filings. To complicate matters, many organizations are being asked to do more with less as headcount numbers are reduced in response to economic pressures. This complexity adds layers of chaos impact the end-to-end process and adversely impacts the time it takes to deliver the final financial statements.  

    There are two overlapping strategies that can help to remove the complexity of your closing process and are applicable to all types of companies and industries.

    1. Implement Best Practices: Consider using recommended best practices to remove the complexity from the closing processes. Implementing best practices can address current process challenges and facilitate a good foundation for financial close automation.
    2. Financial Close Automation:  Automated solutions can significantly simply your financial close process. As an example, you can automate your closing checklist and assign tasks and approvals through workflow which drives a streamlined reporting process.

    10 Best Practices to Simplify Your Financial Close

    The following 10 best practices can help simplify your financial close, provide timely and accurate results, and reduce the cost of the process. Each best practice is grouped by the strategies noted above.  

    10 Best Practices to Simply Your Financial Close

    Supporting Strategy

    1. Document  Your Closing Process and Cross-Train Your Accounting Staff

    Involve the whole organization in understanding the goals and schedule for the close by using well-communicated checklists and project plans. Ensure that roles and responsibilities are documented and well-communicated to all the stakeholders involved in the closing process. Use the documentation to cross-train staff members.

    Implement Best Practices

    1. Develop Partnerships across Departments to Resolve Recurring Cross-Functional Issues and Obstacles to Close

    Following each close, an “Obstacles to Close” or “Post Mortem” report is distributed across the organization. This process provides visibility of cross-functional issues and identifies areas for process improvement.  By constantly looking at ways to improve the financial close, the process can become less cumbersome and easier to manage. 

    Implement Best Practices

    1. Review Unused Accounts in the General Ledger and Minimize Accounting Data

    Minimize accounting data in the core general ledger by limiting code segments to sub-ledgers. This is a somewhat overlooked opportunity to improve the close process, since keeping the general ledger relatively simple accelerates data roll-ups, as well as pushes problem resolution to the business functions that are closest to specific transactions.

    Implement Best Practices

    1. Complete Standard Allocations, Adjusting Entries, Accruals and Estimates in Advance of Close

    Use a standard allocation system with a defined tolerance or true up when something is out of the established tolerance. Create the adjusting entries to recognize prepaid expenses, accrue outstanding invoices, relieve accruals that have been paid, and recognize depreciation and other amortizations.

    Financial Close Automation

    1. Minimize  and Automate Journal Entries During the Closing Process

    Reduce a manual journal entry process. If some journal entries need to be created manually use an upload process with built in checks and balances.  Consider the use of recurring entries and estimates  that can streamline the closing process.

    Financial Close Automation

    1. The Reporting Process: Use Trial Balance Reports as the Foundation for the Close and the Preparation of Accurate Financial Statements

    Use a system generated adjusted trial balance report to review the final balances in the ledger. Verify that the balances are accurate, checking the account activity if needed. Use standard templates for recurring reports. Report writers can streamline and make reports consistent and substantially reduce data entry and the need for reconciliations. 

    Financial Close Automation

    1. Establish a Closing Date as a Critical System Control

    Establish a closing date by which all transactions must be posted. Communicate the closing date to everyone who has access to modify the ledger. A closing date can be implemented as a critical system control and supports the management of your fiscal period close process and the integrity of closed fiscal periods.

    Implement Best Practices  and Financial Close Automation

    1. Manage the Financial Close like a Project

    Implement a schedule for posting closing entries with duties assigned to specific individuals. Ensure that everyone knows the deadlines and what is needed to meet the deadline.

    Implement Best Practices  and Financial Close Automation

    1. Move to a Monthly Soft Close Process

    Transition from a monthly hard close to soft monthly closes and quarterly hard closes. This change allows companies to reduce investigation levels and rely on accruals and estimates during soft closes.  A soft close is best facilitated with automated reconciliation processes and reporting.

    Implement Best Practices  and Financial Close Automation

    1. Develop and Monitor Performance Metrics

    Gathering metrics and publishing the results can help to detect and prevent fraud, identify process improvements and support automation opportunities.  

    Implement Best Practices  and Financial Close Automation

    Conclusion

    The financial close process is one of the most fundamental indicators of the efficiency of your fiscal infrastructure, and is the critical foundation that must be in place before your finance and accounting team can even begin to optimize its role as a true consultative business partner and trusted advisor, assisting in achieving strategic goals and creating shareholder value. Addressing the layers of chaos with our recommended best practices is a key step in the journey to becoming a trusted business partner. Automating the close provides the tools to drive results and support the value of the finance and accounting function.

    If you'd like to improve your financial close, please contact me at chris@chrisdoxey.com.

     

  • Karthikeyan Sukumar
    Error while Approving the Requistions through Mobile4
    Topic posted December 5, 2019 by Karthikeyan SukumarGold Trophy: 10,000+ Points, tagged Approvals, Approvals/Notification, Create Requisition, How-To, Requisition Processing, Tip in Procurement > Self Service Procurement public
    Title:
    Error while Approving the Requistions through Mobile
    Content:

    Hi All

    Any one faced the below issues when approving the requisitions through mobile.

     

    The message you sent appears to be un-solicited. If you are responding to a notification, use the response link that was included with your notification.

    The NID string in response message appears to be corrupted/missing. Ensure that the NID string not modified and contains both beginning and ending 'NID'.

    ​Thanks!

    ​Karthik

  • Eren Göktepe
    Adding Requisition Lookup1
    Topic posted December 5, 2019 by Eren GöktepeRed Ribbon: 250+ Points, tagged Approvals, Approvals/Notification, Requisition Processing, Tip in Procurement > Self Service Procurement public
    Title:
    Adding Requisition Lookup
    Summary:
    I want to add new lookup for requisition status
    Content:

    Hi,

    We want to add some option to requisition flow. We want to check  "The Product is in our warehouse or not?"

    We will add warehouse staff in requisiton approval system. Every request come front of the warehouse staff as a approval mail or notification. 

    Warehouse staff should see two button in mail or notification actually instead of Approve and reject. Must be "Was Delivered" and "Need to Buy".

    In back end, "Was Delivered" must run Reject the other one run 'Approve'. I can use Approve and Reject button. But it not make a sense.

    We need to tag different status of requisition instead of Approve or Reject.

     

    How can it possible ?

    Version:
    Oracle Cloud Application 19C (11.13.19.07.0)