Oracle Financial Consolidation and Close Cloud What s New in the December Update (16.12) December 2016
TABLE OF CONTENTS REVISION HISTORY... 3 ORACLE FINANCIAL CONSOLIDATION AND CLOSE CLOUD, DECEMBER UPDATE... 4 ANNOUNCEMENTS AND NEW FEATURES... 4 Monthly Update Schedule... 4 New REST APIs... 4 Access Logs that List Daily User Activity... 4 Alternate Hierarchy... 5 Currency Translation for Supplemental Data... 5 Move Override Members from Data Source Dimension to Consolidation Dimension... 5 Simplified Dataset Load... 6 Saved Views in Close Manager and Supplemental Data Manager... 6 Validation of Supplemental Data Total... 6 Supplemental Data Manager Reassigning Users... 6 Related Content: Financial Reporting Web Studio... 6 Hide Grid Lines in Financial Reporting Web Reports... 6 Add a Filter to Repository Items... 6 Data Management... 7 Working with Metadata... 7 DEFECTS FIXED... 9 2
REVISION HISTORY This document will continue to evolve as existing sections change and new information is added. All updates are logged below, with the most recent updates at the top. Date What's Changed Notes 15 DEC 2016 Monthly Update Schedule Modified section. 23 NOV 2016 Initial Document Creation 3
ORACLE FINANCIAL CONSOLIDATION AND CLOSE CLOUD, DECEMBER UPDATE This guide outlines the announcements and fixed issues in the upcoming Oracle Financial Consolidation and Close Cloud update. ANNOUNCEMENTS AND NEW FEATURES MONTHLY UPDATE SCHEDULE After applying the December updates to the test instances on December 2, 2016, additional testing uncovered a regressive defect that affected the connection between Oracle Smart View for Office and Oracle Enterprise Performance Management Cloud. As a result, the planned update to production instances on Friday, December 16, 2016, has been deferred until the January update cycle when this defect will be corrected. No customer action is required. NEW REST APIS You can now use REST APIs to get and set substitution variables. See the Oracle Cloud REST API for Oracle Enterprise Performance Management Cloud guide available on the Oracle Financial Consolidation and Close Cloud Help Center. ACCESS LOGS THAT LIST DAILY USER ACTIVITY You can now download a daily access log, a Comma Separated Value (CSV) file, which provides detailed information on the resources that users accessed, duration of user activity, the IP addresses from which users connected to the service, and the action that users performed in the service. The access log is generated each day. To download an Access Log: 1. Access the service. 2. Click or tap Application, then Overview, and then Activity Reports. Available Activity Reports and Access Logs for the last 60 days are listed. 4
3. Under Access Log, click Download to download the activity log of a day. A sample access log: ALTERNATE HIERARCHY This update includes support for alternate hierarchies in the Entity dimension. One entity can have multiple parents, and contribute differently to each parent. These members are called Partial Shared entities, where only a part of input data is shared across all instances of the entities. See the Oracle Financial Consolidation and Close Cloud Administrator s Guide. CURRENCY TRANSLATION FOR SUPPLEMENTAL DATA Administrators and Power Users may now set up currency translation calculations in data sets to allow global companies to enter data in local currency and translate to the currency of the parent company for reporting purposes. See the Oracle Financial Consolidation and Close Cloud Administrator s Guide. MOVE OVERRIDE MEMBERS FROM DATA SOURCE DIMENSION TO CONSOLIDATION DIMENSION This update provides support for entering different override amounts and rates for different source members. To support this, these members have been added to the Consolidation dimension: FCCS_Overrides, FCCS_Rate Override, and FCCS_Amount Override. See the Oracle Financial Consolidation and Close Cloud Administrator s Guide. 5
SIMPLIFIED DATASET LOAD Administrators and Power Users may now bulk load data directly into data sets. This allows for preloading of rows in forms and the data that the rows contain. See the Oracle Financial Consolidation and Close Cloud Administrator s Guide. SAVED VIEWS IN CLOSE MANAGER AND SUPPLEMENTAL DATA MANAGER Users may now name and save views of dashboards. This includes the column layout, sort order and filters associated with the dashboard. Administrators may publish the saved dashboard views to make them available to all users. See the Oracle Financial Consolidation and Close Cloud User s Guide. VALIDATION OF SUPPLEMENTAL DATA TOTAL You can validate the supplemental data total against an account balance. This is useful when you are loading account balances from various General Ledger systems into your consolidation system and use Supplemental Data Manager to collect parts or the sum of that account balance. See the Oracle Financial Consolidation and Close Cloud Administrator s Guide. SUPPLEMENTAL DATA MANAGER REASSIGNING USERS The Reassign User capability is now available for Supplemental Data Manager. This feature provides the capability to reassign workflow actions to a different user during the close process. See the Oracle Financial Consolidation and Close Cloud User s Guide. RELATED CONTENT: FINANCIAL REPORTING WEB STUDIO Related content in Financial Reporting Web Studio allows designers to set up links to Financial Reporting documents and custom URL links. A user, when viewing a report in HTML in the Explore Repository, can drill into a related content link and execute the linked report or URL. Related content is supported in dynamic and snapshot reports and books. HIDE GRID LINES IN FINANCIAL REPORTING WEB REPORTS When you create a grid in Financial Reporting Web Studio in grid properties, you can select to hide the grid lines in HTML Preview. ADD A FILTER TO REPOSITORY ITEMS You can filter the types of objects displayed in the Financial Reporting Web Studio repository panel. For example, you could select to display only reports, saved grids, saved images, saved charts, row and column templates, and so on. 6
DATA MANAGEMENT Oracle Financial Consolidation and Close Cloud as Source System Oracle Financial Consolidation and Close Cloud can be used as a source system in the import format. In this way, you can use Oracle Financial Consolidation and Close Cloud as a source system, and then use a different cloud service (such as Oracle Enterprise Planning and Budgeting Cloud, Oracle Account Reconciliation Cloud, Oracle Planning and Budgeting Cloud, Oracle Profitability and Cost Management Cloud) as a target, and move data from Oracle Financial Consolidation and Close Cloud to these other cloud services. Additionally, you can pull data from Oracle Financial Consolidation and Close Cloud and push the data to a file for use in another application. Data Management support of Multiple Periods Data Management now supports Oracle Financial Consolidation and Close Cloud Period dimensions as columns in a data file. If you have data for multiple periods in a single file, then you can include the year and period on each row of the data file that gets loaded to the target application. Data Management Considerations Be aware of the following considerations when working with Data Management: After you create an application and use Migration to import an extract, the Data Integration link may not appear in the Navigator after enabling a data load. If you log out and log in again, it will appear. WORKING WITH METADATA Considerations Be aware of the following considerations: The replace export option will replace all data for the combination of scenario, year, period, entity and data source member. Make sure that users with the Power User role have access to all data for the combination of these dimensions for which they are loading data. You should not make metadata changes that result in the following: o Making a base member to whom a journal has been posted a parent member o Deleting a member If there are Journals or Supplemental Data posted to those members, these changes can cause problems when accessing Journals or importing existing journals. When you use ad hoc grids in Smart View with Financial Consolidation and Close Cloud, do not add a root "Period" member on the grid. Make sure the root "Period" member is 7
removed by either clicking "Remove Only" or selecting periods that are in the application and selecting "Keep Only". If a Period member is left on the grid, then any changes to data that you make will fail to properly set the impact status of the Entities. 8
DEFECTS FIXED Defect Number Description 24926908 When an account has an account type of Saved Assumption and Time Balance of Flow, the data should accumulate over time. 24905454 Data Entity Input Intersections do not always clear for Parent entities. --- 9
Copyright 2016 Oracle and/or its affiliates. All rights reserved. This document is provided for information purposes only, and the contents hereof are subject to change without notice. This document is not warranted to be error-free, nor subject to any other warranties or conditions, whether expressed orally or implied in law, including implied warranties and conditions of merchantability or fitness for a particular purpose. We specifically disclaim any liability with respect to this document, and no contractual obligations are formed either directly or indirectly by this document. This document may not be reproduced or transmitted in any form or by any means, electronic or mechanical, for any purpose, without our prior written permission. Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners. Intel and Intel Xeon are trademarks or registered trademarks of Intel Corporation. All SPARC trademarks are used under license and are trademarks or registered trademarks of SPARC International, Inc. AMD, Opteron, the AMD logo, and the AMD Opteron logo are trademarks or registered trademarks of Advanced Micro Devices. UNIX is a registered trademark of The Open Group. 16.12, v2 10