Financial Consolidation and Close Cloud Overview

• Describe the financial consolidation and close processes
• Describe Financial Consolidation and Close Cloud related components

Creating an FCCS Application

• Describe the workflow for creating a Financial Consolidation and Close application
• Create a Financial Consolidation and Close application
• Explain application features available to be enabled
• Design application framework (metadata and user-defined elements)
• Design and implement importing and exporting metadata
• Design and implement importing and exporting data

Consolidation Module – Dimensions

• Explain system dimensions and pre-seeded members including
• Requirements and restrictions
• Design and set up the Account dimension
• Explain Data Source dimension and guidelines for adding member hierarchies
• Explain Consolidation dimension
• Explain the Currency dimension
• Design and set up Entity dimension
• Design and set up Inter company dimension
• Design Cash Flow reporting, FX calculations, and Currency
• Translation Adjustments using Movement dimension
• Design GAAP and IFRS financial reporting using Multi-GAAP dimension

Consolidation Module – Consolidations, Eliminations, and Translations

• Describe the sequence of events in the consolidation process
• Diagnose data flow of the consolidation process and the role of Consolidation dimension
• Diagnose anatomy of the elimination process and the role of Inter company dimension
• Explain default currency translations for a multi-currency application and methods applied
• Diagnose the anatomy of converting reporting currencies as it relates to Entity Currency and Parent Currency
• Describe calculation status and what actions can change them

Consolidation Module – Building out a Financial Consolidation Application

• Set up Financial Consolidation and Close security
• Set up valid intersections for data entry and business rules
• Create data forms
• Execute intercompany matching reports with options
• Manage the approval process

Data Management

• Describe use cases for Data Management
• Perform administration tasks: predefined system setting profiles, set up source systems, register target applications, set up drill through
• Set up definitions for import format, locations, period mappings, category mappings
• Perform loading data tasks: create member mappings, define data load rules, run or schedule data load rules

Financial Close Manager Module

• Set up the close process
• Manage task types and templates
• Manage close schedules

Oracle EPM Cloud Foundation

• Set up and configure Cloud security
• Perform system maintenance
• Build EPM Cloud automation routines – Job Scheduler, EPM Automate

Supplemental Data Module

• Create data sets and dimension attributes

Smart View

• Explain user tasks in Smart View
• Analyze data using ad hoc and Smart Form/ul>s b

Enterprise Reporting using FCCS

• Design reports using Reporting Web Studio
• Previewing Reports
• Setting Preferences, Card,Cluster Infolet
• Printing Reports and Snapshots

Managing Journal