The document discusses the key dimensions in Oracle Financial Consolidation and Close Cloud (FCCS) that provide the structure for financial consolidation and reporting. The dimensions include Account, Period, Data Source, Currency, Entity, Consolidation, Intercompany, Movement, Scenario, Year, and View. Each dimension represents an important aspect of the consolidation process and allows FCCS to track financial data at different levels for reporting and analysis.
Oracle Financial Consolidation and Close Cloud Service (FCCS) is the latest evolution of Oracle’s market-leading Financial Close Suite. What makes it different than Hyperion Financial Management (HFM)? A lot!
We delivered a side-by-side review of FCCS and HFM. If you’re a customer of Hyperion Enterprise, HFM, or non-Oracle financial reporting packages evaluating alternative solutions, you will gain a much deeper understanding of Oracle’s strategy in the consolidation and close domain.
Discussion included:
-Functional and technical comparison of FCCS and HFM (Dimensions, Rules, Reporting, etc.)
-Migration considerations/best practices
-Product direction from Oracle
Simplify Complex Consolidations and Close Processes with Oracle Financial Con...Alithya
Oracle Financial Consolidation and Close Cloud Service (FCCS) mixes best practices with customization to streamline and enhance the close and consolidation process. This configurable product leverages out-of-the-box content which gives companies the framework needed to deploy an easy-to-use, yet sophisticated, close solution. It requires no infrastructure investments, offers flexible deployment options, and provides fast time-to-value.
In this presentation, we explore the full range of capabilities of this solution, including the orchestration of the close process, supplemental data collection, ease of administration, and more. Find out how FCCS can be used to address the complexities that are encountered with consolidations, such as foreign currency translation, intercompany eliminations, and ownership requirements. We touch on additional features that are improved in the cloud such as process automation, administration, and supplemental data collection. Interact and ask questions to learn more about this world-class solution for close and consolidation applications and decide if it's time for you to make the move to the Cloud!
Dimensionality & Dimensions of Hyperion Planningepmvirtual.com
In this tutorial we are providing the details of Oracle Hyperion Planning applications' dimensions and their details.
This guide is presented to you by epmvirtual.com
Oracle Financial Consolidation and Close Cloud Service (FCCS) is the latest evolution of Oracle’s market-leading Financial Close Suite. What makes it different than Hyperion Financial Management (HFM)? A lot!
We delivered a side-by-side review of FCCS and HFM. If you’re a customer of Hyperion Enterprise, HFM, or non-Oracle financial reporting packages evaluating alternative solutions, you will gain a much deeper understanding of Oracle’s strategy in the consolidation and close domain.
Discussion included:
-Functional and technical comparison of FCCS and HFM (Dimensions, Rules, Reporting, etc.)
-Migration considerations/best practices
-Product direction from Oracle
Simplify Complex Consolidations and Close Processes with Oracle Financial Con...Alithya
Oracle Financial Consolidation and Close Cloud Service (FCCS) mixes best practices with customization to streamline and enhance the close and consolidation process. This configurable product leverages out-of-the-box content which gives companies the framework needed to deploy an easy-to-use, yet sophisticated, close solution. It requires no infrastructure investments, offers flexible deployment options, and provides fast time-to-value.
In this presentation, we explore the full range of capabilities of this solution, including the orchestration of the close process, supplemental data collection, ease of administration, and more. Find out how FCCS can be used to address the complexities that are encountered with consolidations, such as foreign currency translation, intercompany eliminations, and ownership requirements. We touch on additional features that are improved in the cloud such as process automation, administration, and supplemental data collection. Interact and ask questions to learn more about this world-class solution for close and consolidation applications and decide if it's time for you to make the move to the Cloud!
Dimensionality & Dimensions of Hyperion Planningepmvirtual.com
In this tutorial we are providing the details of Oracle Hyperion Planning applications' dimensions and their details.
This guide is presented to you by epmvirtual.com
Finit - Breaking Through the Cloud Part II: FCCS, Closing in on Full Parity w...finitsolutions
A complete review of FCCS to help you understand current functionality and key product features.
Is your company considering moving its financial reporting from on-premises to the cloud? Have you heard that Financial Close and Consolidation Cloud Services (FCCS) is now closer to achieving full parity with HFM? Join us for Part II of our 3-part series "Breaking Through the Cloud" as we take a look at the most recent releases of FCCS as it closes in to be on equal footing with HFM. Learn the details about FCCS, what this product is capable of and understand the key features and functionality that Oracle has added into FCCS.
Attendees will be provided with insight to assess their options on the close and consolidation front. Part II, Closing in on Full Parity with FCCS will include:
The main features of FCCS
Noteworthy Features and Oracle's release roadmap
A comparison of Features between HFM and FCCS
Additional Features of FCCS that may not be in HFM
Presenter: Geordan Drummond
Date: 03/10/2018
Finit solutions getting the most out of hfm - intercompany matching and eli...finitsolutions
If you are using HFM for consolidations, then you already know that it is a powerful and complex tool that can vastly improve the analysis and reporting capabilities in your monthly consolidation process. However, one element of HFM that companies often do not use to its full potential is the intercompany matching and elimination functionality. In many cases, companies simply have not had the opportunity to develop a full understanding of all the intercompany features, and have therefore opted not to use them.
In this webinar, you will learn about the metadata and security features that can enable you to take full advantage of HFM’s intercompany matching and elimination functionality. We will discuss how the intercompany dimension, the value dimension, and the account and entity dimensions interact to perform intercompany matching and eliminations at the appropriate levels within your entity structures. You will learn how to analyze intercompany eliminations using data grids, BI+ Financial Reporting, and system intercompany matching reports.
By fully utilizing HFM’s intercompany features, you will not only make your consolidation process much more efficient, but will also provide valuable, detailed intercompany information to both end-users and management. The availability of that intercompany detail can drive critical management decisions and can greatly increase the value of your HFM applications within your organization.
Getting the Most Out of EPM: A deep dive into Account Reconciliation Managerfinitsolutions
Since its introduction in version 11.1.2.2 Oracle Hyperion Account Reconciliation Manager has become one of the fastest growing products in the EPM suite. Join us to hear about how clients are realizing the benefits of real-time visibility into the account reconciliation process while ensuring consistency across all reconciliations. We will discuss the standard ARM functionality, some of the customizable features that can greatly enhance your account reconciliation process, and the features that are being planned for future releases.
In this tutorial we are providing a step by step guide on how to create a Oracle Hyperion Planning data forms (both simple and composite).
This guide is presented to you by epmvirtual.com
Finit solutions getting the most out of hfm - web data forms tips and tricksfinitsolutions
One of the great features in HFM is the ability to create web data forms in which users can enter data directly, without the need for account mappings, journals, or Smart View sheets. These web data forms can be designed in ways that provide very tight security and control over the data that users can enter into HFM. At the same time, the web data forms can be formatted to be very user-friendly and intuitive, so that users find the process simple and easy to follow.
On September 15, you will learn about the pros and cons of using HFM web data forms versus other methods of getting data into HFM, such as data loads, journals, Smart View, and data grids. We will talk about the considerations for each method and why web data forms may or may not be the right choice for various types of data. We will also discuss ways in which data entered via web data forms can be ‘protected’ during iterative trial balance data loads, so that the data entered via web data forms is not erased when loading a trial balance data file in ‘Replace’ mode.
During this webinar, you will also learn some of the more advanced design, formatting, and functions for web data forms, including:
SCalcs
Dimension / member overrides
Colors / fonts / general formatting
Dynamic row expansion
Exporting / importing from Excel
Opening web data forms in Smart View
In this session you will learn how you can use the supplemental data features within FCCS to gather and report on data in a level of detail greater than what you have in a typical multi-dimensional model. The full range of features, including data input, workflow, integration, and reporting will covered.
EPM, ERP, Cloud and On-Premise – All options explained - OOW CON9532Ray Février
Oracle Enterprise Performance Management provides multiple and extensive integration options with both Oracle and non-Oracle enterprise resource planning systems, both on premises and in the cloud. This session explains all the options and their respective benefits, plus it discusses the future roadmap for integration functionality.
I Can do WHAT with PCMCS? Features and Functions, Business Benefits, and Use...Alithya
Profitability is a major indicator of business performance. Unfortunately, the typical financial system manages expenses and revenues from different perspectives. As a result, finance teams often rely on large, complex allocation models (sometimes “black box” systems) to provide management with the strategic P&Ls by geographical area, business unit, product, segment, and more—all in an attempt to pivot from “what it is,” to “what it’s for.” Regardless of industry, company size, or function, more strategic insight into underlying cost structures and their impact on profitability is necessary.
Oracle Hyperion Profitability and Cost Management Cloud Service (PCMCS) is a performance management application that introduces a world of possibilities for organizations to enhance financial data generated through their general ledgers and EPM systems into meaningful, accurate, and consumable information. Unlike traditional profitability systems, which require a large investment in both infrastructure and related technical overhead, PCMCS allows business users to easily create and manage their profitability systems with unparalleled speed and efficiency, supporting numerous use cases in both the financial close and management reporting domains, including IT financial management, operational transfer pricing, expense allocations, fully allocated P&L, strategic P&Ls, and operational profitability.
Attend this session to learn how PCMCS is an effective solution with benefits for every industry—one that empowers business users to gain insight into hidden profit and cost across key business dimensions. The presentation provides an overview of business needs using a perspective around corporate and shared service allocations. You’ll also gain insight into the PCMCS solution capabilities and functionality, including a comparison to other EPM tools, and we’ll share specific use cases.
Finit - Breaking Through the Cloud Part II: FCCS, Closing in on Full Parity w...finitsolutions
A complete review of FCCS to help you understand current functionality and key product features.
Is your company considering moving its financial reporting from on-premises to the cloud? Have you heard that Financial Close and Consolidation Cloud Services (FCCS) is now closer to achieving full parity with HFM? Join us for Part II of our 3-part series "Breaking Through the Cloud" as we take a look at the most recent releases of FCCS as it closes in to be on equal footing with HFM. Learn the details about FCCS, what this product is capable of and understand the key features and functionality that Oracle has added into FCCS.
Attendees will be provided with insight to assess their options on the close and consolidation front. Part II, Closing in on Full Parity with FCCS will include:
The main features of FCCS
Noteworthy Features and Oracle's release roadmap
A comparison of Features between HFM and FCCS
Additional Features of FCCS that may not be in HFM
Presenter: Geordan Drummond
Date: 03/10/2018
Finit solutions getting the most out of hfm - intercompany matching and eli...finitsolutions
If you are using HFM for consolidations, then you already know that it is a powerful and complex tool that can vastly improve the analysis and reporting capabilities in your monthly consolidation process. However, one element of HFM that companies often do not use to its full potential is the intercompany matching and elimination functionality. In many cases, companies simply have not had the opportunity to develop a full understanding of all the intercompany features, and have therefore opted not to use them.
In this webinar, you will learn about the metadata and security features that can enable you to take full advantage of HFM’s intercompany matching and elimination functionality. We will discuss how the intercompany dimension, the value dimension, and the account and entity dimensions interact to perform intercompany matching and eliminations at the appropriate levels within your entity structures. You will learn how to analyze intercompany eliminations using data grids, BI+ Financial Reporting, and system intercompany matching reports.
By fully utilizing HFM’s intercompany features, you will not only make your consolidation process much more efficient, but will also provide valuable, detailed intercompany information to both end-users and management. The availability of that intercompany detail can drive critical management decisions and can greatly increase the value of your HFM applications within your organization.
Getting the Most Out of EPM: A deep dive into Account Reconciliation Managerfinitsolutions
Since its introduction in version 11.1.2.2 Oracle Hyperion Account Reconciliation Manager has become one of the fastest growing products in the EPM suite. Join us to hear about how clients are realizing the benefits of real-time visibility into the account reconciliation process while ensuring consistency across all reconciliations. We will discuss the standard ARM functionality, some of the customizable features that can greatly enhance your account reconciliation process, and the features that are being planned for future releases.
In this tutorial we are providing a step by step guide on how to create a Oracle Hyperion Planning data forms (both simple and composite).
This guide is presented to you by epmvirtual.com
Finit solutions getting the most out of hfm - web data forms tips and tricksfinitsolutions
One of the great features in HFM is the ability to create web data forms in which users can enter data directly, without the need for account mappings, journals, or Smart View sheets. These web data forms can be designed in ways that provide very tight security and control over the data that users can enter into HFM. At the same time, the web data forms can be formatted to be very user-friendly and intuitive, so that users find the process simple and easy to follow.
On September 15, you will learn about the pros and cons of using HFM web data forms versus other methods of getting data into HFM, such as data loads, journals, Smart View, and data grids. We will talk about the considerations for each method and why web data forms may or may not be the right choice for various types of data. We will also discuss ways in which data entered via web data forms can be ‘protected’ during iterative trial balance data loads, so that the data entered via web data forms is not erased when loading a trial balance data file in ‘Replace’ mode.
During this webinar, you will also learn some of the more advanced design, formatting, and functions for web data forms, including:
SCalcs
Dimension / member overrides
Colors / fonts / general formatting
Dynamic row expansion
Exporting / importing from Excel
Opening web data forms in Smart View
In this session you will learn how you can use the supplemental data features within FCCS to gather and report on data in a level of detail greater than what you have in a typical multi-dimensional model. The full range of features, including data input, workflow, integration, and reporting will covered.
EPM, ERP, Cloud and On-Premise – All options explained - OOW CON9532Ray Février
Oracle Enterprise Performance Management provides multiple and extensive integration options with both Oracle and non-Oracle enterprise resource planning systems, both on premises and in the cloud. This session explains all the options and their respective benefits, plus it discusses the future roadmap for integration functionality.
I Can do WHAT with PCMCS? Features and Functions, Business Benefits, and Use...Alithya
Profitability is a major indicator of business performance. Unfortunately, the typical financial system manages expenses and revenues from different perspectives. As a result, finance teams often rely on large, complex allocation models (sometimes “black box” systems) to provide management with the strategic P&Ls by geographical area, business unit, product, segment, and more—all in an attempt to pivot from “what it is,” to “what it’s for.” Regardless of industry, company size, or function, more strategic insight into underlying cost structures and their impact on profitability is necessary.
Oracle Hyperion Profitability and Cost Management Cloud Service (PCMCS) is a performance management application that introduces a world of possibilities for organizations to enhance financial data generated through their general ledgers and EPM systems into meaningful, accurate, and consumable information. Unlike traditional profitability systems, which require a large investment in both infrastructure and related technical overhead, PCMCS allows business users to easily create and manage their profitability systems with unparalleled speed and efficiency, supporting numerous use cases in both the financial close and management reporting domains, including IT financial management, operational transfer pricing, expense allocations, fully allocated P&L, strategic P&Ls, and operational profitability.
Attend this session to learn how PCMCS is an effective solution with benefits for every industry—one that empowers business users to gain insight into hidden profit and cost across key business dimensions. The presentation provides an overview of business needs using a perspective around corporate and shared service allocations. You’ll also gain insight into the PCMCS solution capabilities and functionality, including a comparison to other EPM tools, and we’ll share specific use cases.
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MAGNIFIC trainings are pioners in offering real time industrail experts hands on training on SAP online TRAINING.
SAP technologies like HANA, ABAP, FI-CO, CRM, SAP-BO, EPM GRC MDG MDM Oil and Gas EP EHS PM, SAP MM SD BO BI crm HR SRM,POSDM, PI XI,TRM,FSCM.
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Oracle Sales Planning Cloud is a new addition in Oracle Enterprise PBCS solution stack keeping same EPBCS frameworks. Oracle Sales Planning focuses on a) Planning, directing, evaluating sales b) Sales quotation planning at territory or resource level c) Benchmark for evaluating sales effectiveness d) Sales commission planning.
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Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
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Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
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1. FINANCIALS WORKFORCE CAPEX PROJECTS CRM
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Oracle Financial Consolidation and Close Cloud
Understanding Oracle FCCS Dimension Structure
www.bispsolutions.com
2. FCCS Dimension Overview
Oracle Financial Consolidation and Close Cloud provides a set of consolidation and
close features that includes out-of-the-box translations, consolidation, eliminations
and adjustments.
Financial
Consolidation
Currency
Translation
Intercompany
Elimination
Adjustments
www.bispsolutions.com
4. www.bispsolutions.com
FCCS Dimension Overview
The Account dimension
represents a hierarchy of
natural accounts. Accounts
store financial data for entities
and scenarios in an
application. Each account has
a type, such as Revenue or
Expense, that defines its
accounting behaviour. Every
application must include an
Account dimension.
Account
5. www.bispsolutions.com
FCCS Dimension Overview
Period The Period dimension represents time periods, such as quarters and months. It
contains time periods and frequencies by displaying the time periods in a hierarchy.
12-months. If you select 12-months, you must then specify the first
period of the Fiscal Year. The default value is 12 months, with January as
the beginning of the Fiscal Year. If you use 12 months, all periods default
to the calendar months with period labels of January, February, March,
and so on.
13-period. If you select 13-periods, all periods default to period labels
P1, P2, P3, and so on.
6. www.bispsolutions.com
FCCS Dimension Overview
Data Source The Data Source dimension is used to track the source of data, to determine
whether data is manually entered or loaded from a General Ledger, journal
posting, or from supplemental detail.
7. www.bispsolutions.com
FCCS Dimension Overview
FCCS_Data Input—Stores all manual data entry or ASCII data load values.
FCCS_Intercompany Eliminations (Optional Only if tracking intercompany eliminations is
selected during application creation). Stores the intercompany elimination to track
elimination by entity. When you view the data in the Contribution member, you can view the
data from Data Input separately from the Intercompany Eliminations Data Source member,
even though the Total Data Source could be zero.
FCCS_Supplemental Managed Data (Optional - Only if selected during application
creation). Stores all Supplemental detail data entered and posted through
Supplemental Data Manager.
8. www.bispsolutions.com
FCCS Dimension Overview
1. FCCS_Journal Input (Optional - Only if selected during application creation). Used for data
generated from posting of journal adjustments.
2. FCCS_PCON—Used for storing the Percent Consolidation.
3. FCCS_TotalInputAndAdjusted—A dynamic calculation member that is the parent of various
data source inputs (Data Input, Supplemental Data, Other Load, Journal Input). If you want
to track other sources of data, you can manually create additional members under this
Parent member.
9. www.bispsolutions.com
FCCS Dimension Overview
Consolidation
The Consolidation dimension enables you to report
on the details used to perform the different stages of
the consolidation process. It provides an audit trail of
the transactions applied to data during the
consolidation process. It shows the consolidation
path for an entity reporting to its parent, from Entity
Input to Contribution.
10. www.bispsolutions.com
FCCS Dimension Overview
When you create an application, the system creates the Consolidation dimension with the
following hierarchy:
Entity Input - The member that is used for all user input, including journal inputs.
Entity Total - The dynamic aggregation of Entity Input and Entity Consolidation.
This is the starting point for translation and proportional consolidation.
Proportion - For a specified entity, this member stores the values obtained after applying
the percentage contributed to its parent, to the Entity Total.
11. www.bispsolutions.com
FCCS Dimension Overview
Elimination - Stores the Intercompany elimination values. The calculation is done as part of
the Consolidation business rule.
Contribution - The consolidated result of a single Entity for a specific Parent Entity. This
includes the Proportion data, Elimination data and Contribution Adjustments for the
Parent/Child entity.
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FCCS Dimension Overview
Currency Currencies store translated values for entities. Every application must include a
Currency. The Currency dimension must include a currency for each default
currency assigned to an entity in the Entity dimension.
13. www.bispsolutions.com
FCCS Dimension Overview
Entity
The Entity dimension stores the entity hierarchy and represents the organizational structure
of the company, such as the management and legal reporting structures. Entities can
represent divisions, subsidiaries, plants, regions, countries, legal entities, business units,
departments, or any organizational unit.
14. www.bispsolutions.com
FCCS Dimension Overview
Intercompany
The Intercompany dimension represents all intercompany balances that exist for an account. It
is used to store the Entity members for Intercompany transactions. If you enable this option
when you create an application, the system creates an Intercompany dimension containing
system members.
15. www.bispsolutions.com
FCCS Dimension Overview
To set up an application for intercompany transactions, you must perform these
actions:
• When defining accounts, specify the accounts that perform intercompany transactions and
specify a plug account for each intercompany account
• When defining entities, specify the entities that perform intercompany transactions
No Intercompany - This member is used in member intersections to store
information such as currency rates. It cannot be renamed or edited.
• Intercompany Entities - This member is the parent member under which all
ICP entities are created.
• Total Intercompany - This member is the top-most member in the hierarchy.
16. www.bispsolutions.com
FCCS Dimension Overview
Movement
The Movement dimension captures the movement details of an account. By default, the
system provides members in the Movement dimension to capture the Opening Balance,
Closing Balance, changes, and FX calculations.
17. www.bispsolutions.com
FCCS Dimension Overview
Movement
The Movement dimension captures the movement details of an account. By default, the
system provides members in the Movement dimension to capture the Opening Balance,
Closing Balance, changes, and FX calculations.
18. www.bispsolutions.com
FCCS Dimension Overview
Cash Flow - Movements Sign Reversal Logic
Indirect Cash Flow presents cash flow in terms of the movements of non-cash accounts
(that is, the sources and uses of cash). When you record a movement on a non-cash account,
any increase in assets or expenses (DR "normal sign" accounts) causes a matching decrease in
cash. Equally, any increase in liabilities, equity or revenue (CR "normal sign" accounts) causes
an increase in cash.
19. www.bispsolutions.com
FCCS Dimension Overview
Scenario
The Scenario dimension represents a set of data
such as Actual, Budget, or Forecast. For example,
the Actual scenario can contain data that reflects
current business operations. The Budget scenario
can contain data that reflects targeted business
operations. The Forecast scenario typically
contains data that corresponds to predictions for
upcoming periods. A Legal scenario can contain
data calculated according to legal GAAP format
and rules.
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FCCS Dimension Overview
Year The Year dimension represents the fiscal or
calendar year for data.
When you create an application, you
specify the range of years for the
application.
The system builds the Year dimension
based on the range that you specified. You
can increase the range of years after the
application is created. However, you cannot
decrease the range.
21. www.bispsolutions.com
FCCS Dimension Overview
View The View dimension represents various modes of calendar intelligence such as
Periodic, Year-to-Date, and Quarter-to-Date frequencies. If you set the View to
Periodic, the values for each month are displayed. If you set the View to Year-to-Date
or Quarter-to-Date, the cumulative values for the year or quarter are displayed.
22. www.bispsolutions.com
FCCS Dimension Overview
Multi-GAAP
The Multi-GAAP dimension is an
optional dimension that is used if
you need to report your financial
statements in both local GAAP
and in IFRS or other GAAP. This
dimension tracks the local GAAP
data input as well as any GAAP
adjustments.
23. www.bispsolutions.com
FCCS Dimension Overview
Enter Adjustment —You can select this option to enter GAAP adjustments manually. You enter
data in the "FCCS_Local GAAP" member. Adjustments to local GAAP for IFRS are entered in the
"FCCS_Adjustments" member. The IFRS amount will be calculated.
Calculate Adjustment —Select this option to allow the system to automatically calculate the
adjustment amount based on the Local GAAP and IFRS amount entered. You enter data in the
"FCCS_Local GAAP" and "FCCS_IFRS" members. The Adjustments amount will be calculated in
the Adjustments member.
