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Oracle FCC – Combining Year and Period as a Single Dimension

Comparative analysis of financial data over multiple periods and years with more flexibility just got a lot easier with FCC's new feature called SingleTime dimension. This is a system replacement dimension that combines the period and year dimension. For example, Jan...

EPM Application Migration using Clone Snapshot

The introduction of the Clone Snapshot functionality in EPM is a significant improvement compared to the traditional EPM Automate process for migrating EPM applications from source to target applications. Below is a comparison of a typical application migration steps...

Data Management – Override Data Load in FCC

Introduction Some balance sheet accounts are translated at historical rates, meaning that the standard balance sheet translation methodology using the period end rate does not apply. This is one of the requirements unique to foreign entities in a multi-currency...

Loading Exchange Rate with Data Management

Introduction The exchange rate is essential for consolidation and translation in a multi-currency FCC application. The data can be submitted using the pre-built data forms or loaded directly from source systems (direct integration or via flat file) using Data...

Oracle FCC Translated Currency Input Journal

Introduction The consolidation process for the finance organizations could be as easy as a simple aggregation of data in a single currency organization to complex ownership structure in a multi-currency organization, multiple reporting standards, etc. One of the...