TABLE OF CONTENTS DOCUMENT HISTORY 6 MAY 2018 UPDATE 6 Revision History 6 Oracle Financial Consolidation and Close Cloud, May Update 6 Monthly Update Schedule 6 Please Join Oracle Cloud Customer Connect 7 Give Us Documentation Feedback 7 Announcements 7 Seeded System Consolidation Rule-Sets 7 New EPM Automate Utility Version 8 Microsoft Excel Version Usage in Activity Report 8 Retain Last Accessed Tab in Navigation Flow Cards 8 Enhancements to Dashboards 8 Oracle Account Reconciliation Cloud Clusters and Cards as Navigation Flows Targets 9 Removal of Support 9 Close Manager Calendar View 9 Classic Dimension Editor 21 File-Based Integration of Data Management with Oracle Fusion Financials Cloud 22 Financial Reporting Studio Desktop Client 30 Defects Fixed 10 Considerations 10 Consolidation Rules - Errors in Seeded System Rules 10 Calculation Status 10 Dashboard Folders 10 Metadata Aliases 10 Migrating Rules with Shared Members 11 Changing the Exchange Rate Type 22 Exchange Rate Type for Plug Accounts 23 Intercompany Matching Reports 23 Member Formulas in the Simplified Dimension Editor 23 Translation Rules 24 Auto Reversal Journals 24 Importing Journal Artifacts 32 Reconsolidating Data After Upgrading 24 Ownership Management Enablement 12 Adding Base Members from Dimension Editor 32 Copying and Clearing Data 32 Smart View Summary Dialog Display 32 Change in Calculation of CTA for Net Income / Retained Earnings Current Accounts 32 Self Service Upgrade 32 Editing Dates in a Collection Period 33 Entity Member Names / Aliases with ICP Property 33 Working with Metadata 14 APRIL 2018 UPDATE 14 Revision History 14 Oracle Financial Consolidation and Close Cloud, April Update 14 Monthly Update Schedule 14 Please Join Oracle Cloud Customer Connect 15 Give Us Documentation Feedback 15 2
Announcements 15 Additional Charts in Activity Report 15 Migration and Audit Cards Moved to Tools Cluster 18 Support for Infolets 19 Support for Subtitles in Infolets 19 New Financial Reporting Explore Repository 19 New Row and Column Suppression Behavior 20 Configurable Consolidations 20 Exporting Ownership Management Information 20 New Seeded Member in Other Comprehensive Income Hierarchy 21 Support for Custom Automated and Event Monitoring Integrations 21 Support for XLSX Format in Close Manager and Supplemental Data Manager Reports 21 Removal of Support 21 Classic Dimension Editor 21 File-Based Integration of Data Management with Oracle Fusion Financials Cloud 22 Financial Reporting Studio Desktop Client 22 Defects Fixed 22 Considerations 22 Changing the Exchange Rate Type 22 Restructuring Cubes 23 Configurable Consolidation Rules 23 Setting the Factor in Configurable Consolidation RuleSets 23 Exchange Rate Type for Plug Accounts 23 Intercompany Matching Reports 23 Member Formulas in the Simplified Dimension Editor 23 Translation Rules 24 Auto Reversal Journals 24 Importing Journal Artifacts 24 Reconsolidating Data After Upgrading 24 Ownership Management Enablement 24 Adding Base Members From Dimension Editor 25 Copying and Clearing Data 25 Change in Calculation of CTA for Net Income / Retained Earnings Current Accounts 25 Self Service Upgrade 25 Editing Dates in a Collection Period 25 Entity Member Names / Aliases with ICP Property 26 Working with Metadata 26 Smart View Summary Dialog Display 26 MARCH 2018 UPDATE 26 Revision History 26 Oracle Financial Consolidation and Close Cloud, March Update 27 Monthly Update Schedule 27 Please Join Oracle Cloud Customer Connect 27 Give Us Documentation Feedback 27 Announcements 27 Updated EPM Cloud Application Creation Page 27 Supplemental Data Manager Multi-Cube Support 28 Reporting Translation Process 28 Provisioned Users Audit Report 29 New Server Setting in Financial Reporting Web Studio 29 Smart View Support for Integrated Business Process Navigation Flows 29 ClearEmptyBlock Rule 29 FX Calculations in Other Comprehensive Income Hierarchy 30 3
Removal of Support 30 Classic Dimension Editor 30 File-Based Integration of Data Management with Oracle Fusion Financials Cloud 30 Financial Reporting Studio Desktop Client 30 Considerations 31 Auto Reversal Journals 31 Reconsolidating Data After Upgrading 31 Ownership Management Enablement 31 Importing Journal Artifacts 32 Adding Base Members from Dimension Editor 32 Smart View Summary Dialog Display 32 Copying and Clearing Data 32 Change in Calculation of CTA for Net Income / Retained Earnings Current Accounts 32 Comprehensive Income CTA Accounts 32 Self Service Upgrade 32 Editing Dates in a Collection Period 33 Entity Member Names / Aliases with ICP Property 33 Working with Metadata 33 Defects Fixed 33 FEBRUARY 2018 UPDATE 33 Revision History 33 Oracle Financial Consolidation and Close Cloud, February Update 33 Monthly Update Schedule 34 Please Join Oracle Cloud Customer Connect 34 Give Us Documentation Feedback 34 Announcements 34 Support for Auto-Reversing Journals 34 Journal Attachments 35 Enabling the Balance Calculation 35 Exporting Tasks From Close Manager Task Lists to Excel 35 Selectable Parameters for EPM Integrations 36 Integration Tasks for Uploading and Downloading Files Within EPM 36 New EPM Automate Utility Version 36 Application-Level Provisioning for Data Management 36 Removal of Support 37 Classic Dimension Editor 37 File-Based Integration of Data Management with Oracle Fusion Financials Cloud 37 Defects Fixed 37 Considerations 38 Reconsolidating Data After Upgrading 38 Ownership Management Enablement 39 Importing Journal Artifacts 39 Adding Base Members from Dimension Editor 40 Smart View Summary Dialog Display 40 Copying and Clearing Data 40 Change in Calculation of CTA for Net Income/Retained Earnings Current Accounts 40 Comprehensive Income CTA Accounts 40 Self Service Upgrade 40 Editing Dates in a Data Collection Period 40 Entity Member Names/Aliases with ICP Property 40 Working with Metadata 41 JANUARY 2018 UPDATE 41 4
Revision History 41 Oracle Financial Consolidation and Close Cloud, January Update 41 Announcements 41 Please Join Oracle Cloud Customer Connect 41 Monthly Update Schedule 42 Validating Metadata Option 42 Restructure Cube Job 42 Relocate EPM Cloud Environments from One Identity Domain to Another 43 New EPM Getting Started Guides 43 Give Us Documentation Feedback 44 Removal of Support 44 Classic Dimension Editor 44 File-Based Integration of Data Management with Oracle Fusion Financials Cloud 44 Defects Fixed 44 Considerations 45 Reconsolidating Data After Upgrading 45 Balance Calculation 46 Ownership Management Enablement 46 Adding Base Members from Dimension Editor 46 Smart View 46 Copying and Clearing Data 47 Change in Calculation of CTA for Net Income/Retained Earnings Current Accounts 47 Comprehensive Income CTA Accounts 47 Self Service Upgrade 47 Editing Dates in a Data Collection Period 47 Entity Member Names/Aliases with ICP Property 47 Working with Metadata 48 5
DOCUMENT HISTORY This document will continue to evolve as existing sections change and new information is added. All updates appear in the following table: Date Update Version Notes 27 APR 2018 May 2018 Update Revised May 2018 update. 05 APR 2018 April 2018 Update Revised April 2018 update. 07 MAR 2018 March 2018 Update Revised March 2018 update. 05 FEB 2018 February 2018 Update Revised February 2018 update. 22 DEC 2017 January 2018 Update Delivered new features in January 2018 update. MAY 2018 UPDATE REVISION HISTORY This document will continue to evolve as existing sections change and new information is added. All updates appear in the following table: Date Feature Notes 27 APR 2018 Consolidation Rules - Errors in Seeded System Rules Updated document. Added new consideration delivered in May 2018 update.. 26 APR 2018 Created initial document. ORACLE FINANCIAL CONSOLIDATION AND CLOSE CLOUD, MAY UPDATE This document outlines announcements, defects fixed and considerations in the upcoming Oracle Financial Consolidation and Close Cloud update. MONTHLY UPDATE SCHEDULE Oracle will apply the latest updates to your test environments starting at 22:00 UTC (15:00 PDT) on Friday, May 4, 2018 and to your production environment on Friday, May 18, 2018, also starting at 22:00 UTC. The updates will be applied to your environments during the first subsequent daily maintenance. The Oracle Help Center, which provides access to updated documentation, has a new look and feel. The updates will be available on May 4, 2018. Some of the links to new feature documentation included in this document will not work until after the Oracle Help Center update is complete. 6
NOTE: You can import backup snapshots into environments with the same, the preceding or the next update versions. For example, you can import backup snapshots from release 17.08 into releases 17.07 and 17.09. For more information about migration, see Administering Migration for Oracle Enterprise Performance Management Cloud. TIPS AND CONSIDERATIONS Backing up the daily maintenance snapshot and restoring the environment as needed are self-service operations. Oracle recommends that you download the maintenance snapshot every day to a local server. Backing Up and Restoring an Environment Using the Maintenance Snapshot in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators PLEASE JOIN ORACLE CLOUD CUSTOMER CONNECT Please take a moment to join the Cloud Customer Connect forums for EPM Cloud services. Oracle Cloud Customer Connect is a community gathering place for members to interact and collaborate on common goals and objectives. This is where you will find the latest release information, upcoming events, or answers to usecase questions. Joining takes just a few minutes. Join now! https://cloud.oracle.com/community NOTE: The Settings and Actions menu now contains a link to Cloud Customer Connect. To access this link, from the Home page, click the down arrow next to the user name (in the upper right-hand corner of the screen), and select Cloud Customer Connect. You can also access Oracle Customer Cloud Connect directly from Oracle Financial Consolidation and Close Cloud by clicking the User Assistance icon. GIVE US DOCUMENTATION FEEDBACK We welcome your comments and suggestions to improve the content of the What's New document and the product documentation. Please send us your feedback at EPMdoc_ww@oracle.com. In the body or title of the email, state that you are inquiring or providing feedback, and indicate for which EPM Cloud service and the monthly update cycle. ANNOUNCEMENTS SEEDED SYSTEM CONSOLIDATION RULE-SETS This update provides nine system rule-sets for Ownership Elimination adjustments. The seeded rules are created by the application. NOTE: Three of the rule-sets replace the previous three hard-coded rules available in prior updates. If you deployed any of the three previous rules, you will need to re-deploy them and also review the other six rules. The seeded system rule-sets are as follows: Investment (replacing existing rule) Investment PP Owner's Equity (Subsidiary/Proportional) (replacing existing rule) 7
Owner's Equity (Subsidiary/Proportional) PP Owner s Equity (Equity) Owner s Equity (Equity) PP Owner's Equity (Holding) (replacing existing rule) Net Income (Subsidiary) Net Income (Equity) Seeded Consolidation Rules in Administering Oracle Financial Consolidation and Close Cloud NEW EPM AUTOMATE UTILITY VERSION A new version of the EPM Automate Utility is available with this update. This version includes the rundailymaintenance command, which enables Service Administrators to run the daily service maintenance process as needed. For example, Service Administrators can use this command to update their service as soon as a patch to an environment is available instead of waiting for the daily maintenance window. EPM Automate Utility Commands in Working with EPM Automate for Oracle Enterprise Performance Management Cloud Setting Service Maintenance Time in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators MICROSOFT EXCEL VERSION USAGE IN ACTIVITY REPORT The Activity Report has been enhanced to include the Microsoft Excel Versions in use and the number of users who use them. Browser, Smart View, and Excel Usage Information in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators RETAIN LAST ACCESSED TAB IN NAVIGATION FLOW CARDS When working with cards in navigation flows that have multiple tabs or sub tabs, the last tab accessed by a user will be retained the next time the user accesses the card in the same session. Designing Custom Navigation Flows in Administering Oracle Financial Consolidation and Close Cloud ENHANCEMENTS TO DASHBOARDS Dashboards have been enhanced in several ways: Dashboards now present a more streamlined look. For example, scroll bars aren t displayed if they aren t needed. For many chart types, you can now opt to show or hide grid lines. You can set the horizontal alignment for values in tile chart types: Left, Center, or Right. 8
To simplify how large currency values are displayed in tile chart types, you can now scale values. For example, select the M scaling option to display the value 123,456,789 as 123M. Designing Dashboards in Administering Oracle Financial Consolidation and Close Cloud ORACLE ACCOUNT RECONCILIATION CLOUD CLUSTERS AND CARDS AS NAVIGATION FLOWS TARGETS EPM Cloud source subscriptions can now customize navigation flows to access Oracle Account Reconciliation Cloud clusters and cards (note that Oracle Account Reconciliation Cloud is only a target service when connecting subscriptions). Clusters and cards can now be directly selected from Oracle Account Reconciliation Cloud using the Add Existing Card/Cluster option. Connecting Subscriptions in EPM Cloud in Administering Oracle Financial Consolidation and Close Cloud REMOVAL OF SUPPORT CLOSE MANAGER CALENDAR VIEW For users of Close Manager within Financial Consolidation and Close Cloud, the Calendar view will not be supported effective with the August, 2018 (18.08) update. CLASSIC DIMENSION EDITOR Effective with the June 2018 (18.06) update, the Dimensions link in the Navigator will link to the Simplified Dimension Editor, which was released with the 17.05 update (May 2017). Consequently, the Classic Dimension Editor will not be supported starting with the June 2018 update to the service (June 1, 2018 for test and June 15, 2018 for production instances). Editing Dimensions in the Simplified Dimension Editor in Administering Oracle Financial Consolidation and Close Cloud FILE-BASED INTEGRATION OF DATA MANAGEMENT WITH ORACLE FUSION FINANCIALS CLOUD Oracle Fusion Financial Cloud Budgetary Control and Encumbrance Accounting is now fully integrated with Data Management. This enhancement brings the integration of Oracle Fusion Financials Cloud with Oracle Enterprise Performance Management Cloud on par with the current, out of the box, file-based integration. As a result, the file-based integration is being phased out starting the September update to the service. If you are using file-based integration between Oracle Fusion Financials Cloud and Oracle Enterprise Performance Management Cloud, Oracle recommends that you adopt this new integration as soon as possible. 9
FINANCIAL REPORTING STUDIO DESKTOP CLIENT Oracle is committed to providing a simple and intuitive user experience. To achieve this, Financial Reporting Web Studio, available since March 2016, will become the only environment for designing and building reports. Oracle is providing additional time for users to transition from Financial Reporting Desktop Studio to Financial Reporting Web Studio. Tentative plans call for functional parity between Financial Reporting Web Studio and Financial Reporting Desktop Studio in 2018, at which time, support for the Desktop Studio will transition to the Web Studio and distribution of the Desktop Studio will cease. This transition is currently planned for the 18.06 update (June 01, 2018 for test and June 15, 2018 for production environments). Oracle recommends that you transition to using Financial Reporting Web Studio at the earliest opportunity. Please send questions and concerns to Oracle using the Provide Feedback option in the service. DEFECTS FIXED Software issues addressed each month will be posted to My Oracle Support. CONSIDERATIONS CONSOLIDATION RULES - ERRORS IN SEEDED SYSTEM RULES The seeded consolidation rules do not properly cater for disposals of investments in all cases, notably full disposals after acquisitions over several periods. CALCULATION STATUS When you change Ownership Data that uses a Consolidation rule and then consolidate, the Calculation Status is not correct for the partner and entity. DASHBOARD FOLDERS In a future update (tentatively planned for the June (18.06) update), Service Administrators will have the ability to organize dashboards in folders. These folders will enable Service Administrators to apply security and permissions to folders rather than to each dashboard. Existing dashboards will be visible under the root folder in dashboards and infolets listing pages after this new feature is introduced. The form folders available in the environment will also be available for organizing dashboards because folders are shared across artifact types. All folders will be managed using a unified folder management screen. METADATA ALIASES Ensure that no alias entries are Equity. The use of Equity as an alias will cause issues with refreshing the database. 10
MIGRATING RULES WITH SHARED MEMBERS When you perform a Migration extract of a rule that contains a Target Redirection to a shared member, the extract file does not include information on the shared Dimension for that rule. When you import the extracted file, the rule is not created properly. CHANGING THE EXCHANGE RATE TYPE When you change the Exchange Rate Type for an account to a Historical Override Exchange Rate Type (for example, from No Rate to Historical Amount Override ), the shared member is not created under FCCS_Historical Accounts. When you change the Exchange Rate Type from Historical Amount Override or Historical Rate Override to another Exchange Rate Type, the system does not delete the shared members from FCCS_Historical Accounts. Workaround: When you change an Exchange Rate Type, you must manually add or delete the members from the Historical Override shared hierarchies. EXCHANGE RATE TYPE FOR PLUG ACCOUNTS The Exchange Rate Type must be the same for an Intercompany account and the plug account associated with it. For example, if the source accounts have an Exchange Rate Type of No Rate, then the Plug account Exchange Rate Type must be No Rate. If the source accounts have any of the three Historical Exchange Rate Types, then the plug account must also have the Historical Exchange Rate Type. The plug account does not have to be the exact same Historical type, but it must be one of the Historical Exchange Rate Types. INTERCOMPANY MATCHING REPORTS When a Power User has no access to an Entity or Partner in the report, the report displays #noaccess, and it also does not display the Variance. If a Power User has access to all members in the report except an Entity or one of the Intercompany Account members, the system displays An error occurred while processing. The error occurs because the Power User requires security access to both the Entity and Partner, and the Intercompany Account members. MEMBER FORMULAS IN THE SIMPLIFIED DIMENSION EDITOR In the Simplified Dimension Editor, when you add a member formula for a member that has all the Data Storage (Default/Consol/Rates) properties the same, such as Dynamic Calc, the system incorrectly changes the Consol Data Storage value to Store, and displays it as a non-compliant value. TRANSLATION RULES When you create a translation rule and specify redirection to different members, the Source POV can be any members, including parent members, and seeded and system calculated members. You cannot select parent members only as part of the Source selection. The Redirection POV must be a base member and not a system calculated member. If you create a translation rule with no redirection, using only parent members in the Source selection is not allowed. 11
AUTO REVERSAL JOURNALS If an auto reversal journal has an Approved status, you cannot unpost the corresponding auto-reversing journal. If the auto reversal journal is Rejected, then you can unpost the auto-reversing journal. IMPORTING JOURNAL ARTIFACTS When you import Journal artifacts into Oracle Financial Consolidation and Close Cloud through Migration, errors may occur and the journals are not imported. To work around this issue, after the import process fails, log out and log back in as an Administrator. From the Navigator, select Migration, and then the Snapshot tab. Expand the application. Expand Relational Data, select Journals, and click Import. RECONSOLIDATING DATA AFTER UPGRADING After you upgrade to 18.01, the first time you want to re-consolidate and re-translate any entity for a specific Scenario, Year and Period combination, you must run the Compute Rates task rule. Refresh the database and make sure that that Data Status is SC, showing that the cells are impacted. Then launch Consolidation and Translation. Subsequent re-consolidation / re-translation of the same Scenario, Year and Period combination does not require this step. The Data Storage property has changed from Dynamic Calc to Never Share for these rate accounts in the Rates Cube: FX Rates Average FX Rates Ending Additionally, due to a change in calculation for Opening Balance for Retained Earnings Prior, you may require reconsolidation of existing data if Opening Balance Adjustment entries have been made, but not otherwise. Also, enabling the Ownership Management feature requires a reconsolidation of existing data in order to populate the Proportion member of amount in the Consolidation dimension. OWNERSHIP MANAGEMENT ENABLEMENT Enabling the Ownership Management feature entails adding seeded accounts, which causes a restructuring of your application. Depending on the size of your application, the restructuring could take a considerable length of time. This can be expected to take as long as manually refreshing the database after adding accounts. If there are conflicts with aliases of existing members, an error is displayed that the system cannot enable the feature. Resolve the member alias conflict, refresh the database and then enable the feature. When the Ownership Management feature is enabled, you will need to reconsolidate all existing data in your application in order to re-populate the Proportion member in the Consolidation dimension. If you enable the Ownership Management feature, you may not be able to open some existing Financial Reporting reports due to metadata changes for Ownership Management. 12
Member and Alias Considerations in Enabling Ownership Management in Applications in Administering Oracle Financial Consolidation and Close Cloud ADDING BASE MEMBERS FROM DIMENSION EDITOR If you add a base member using the classic Dimension Editor and change the initially displayed Data Storage property on the Member Properties tab, please also check the Consol cube Data Storage option on the Member Formula tab. Ensure that the Data Storage option matches between the two settings. If it does not match, the member might not be usable. The Data Storage options can also be easily viewed and changed in the Simplified UI Dimension Editor. COPYING AND CLEARING DATA After copying data from actual to forecast, if you select the Rate option along with the Data option when clearing the forecast data, the system will clear the data as per the POV specified, but it also clears the Rate data for all Scenarios and not just the rate data as per the POV specified. SMART VIEW SUMMARY DIALOG DISPLAY In Internet Explorer, you may experience issues using the Open Summary dialog in Smart View. To work around this issue: Use the keyboard arrow keys to make your selection, then close and reopen the dialog; or Minimize and then reopen the dialog; or Use a different browser. CHANGE IN CALCULATION OF CTA FOR NET INCOME / RETAINED EARNINGS CURRENT ACCOUNTS In the August, 2017 update (17.08), the seeded Net Income hierarchy included a new member named Retained Earnings Current Opening Balance FX-CTA as a sibling of Net Income. Opening Balance calculation was done for the new member, which was automatically added during the upgrade process. Due to this change, if you have not yet done so, you must reconsolidate your historical data by running the Consolidation process. SELF SERVICE UPGRADE It is strongly recommended that you do not use the Upgrade Application Content settings in this update. Although a new Upgrade screen is available in Daily Maintenance, this feature is not fully functional. EDITING DATES IN A COLLECTION PERIOD In a Data Collection Period in Supplemental Data, editing Start, End, and Close Dates may result in an error that the date is outside the valid range. ENTITY MEMBER NAMES / ALIASES WITH ICP PROPERTY When you create an Entity with the ICP property enabled, the maximum length of the member name is 76 characters instead of 80, to allow for the ICP prefix. 13
WORKING WITH METADATA Be aware of the following considerations: You should not make metadata changes that results in changing a base member to which a journal has been posted into a parent 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 removed by either clicking 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. APRIL 2018 UPDATE REVISION HISTORY This document will continue to evolve as existing sections change and new information is added. All updates appear in the following table: Date Feature Notes 05 APR 2018 Support for Infolets Updated document. Revised feature description. 05 APR 2018 Changing the Exchange Rate Type Updated document. Added new consideration delivered in April 2018 update. 05 APR 2018 Copying and Clearing Data Updated document. Revised description. 28 MAR 2018 Created initial document. ORACLE FINANCIAL CONSOLIDATION AND CLOSE CLOUD, APRIL UPDATE This document outlines announcements, defects fixed and considerations in the upcoming Oracle Financial Consolidation and Close Cloud update. MONTHLY UPDATE SCHEDULE Oracle will apply the latest updates to your test environments starting at 22:00 UTC (15:00 PDT) on Friday, April 6, 2018 and to your production environment on Friday, April 20, 2018, also starting at 22:00 UTC. The updates will be applied to your environments during the first subsequent daily maintenance. 14
The Oracle Help Center, which provides access to updated documentation, has a new look and feel. The updates will be available on April 6, 2018. Some of the links to new feature documentation included in this document will not work until after the Oracle Help Center update is complete. TIPS AND CONSIDERATIONS Reminder: Backing up the daily maintenance snapshot and restoring the environment as needed are self-service operations. Oracle recommends that you download the maintenance snapshot every day to a local server NOTE: You can import backup snapshots into environments with the same, the preceding or the next update versions. For example, you can import backup snapshots from release 17.08 into releases 17.07 and 17.09. For more information about migration, see Administering Migration for Oracle Enterprise Performance Management Cloud. See Backing Up and Restoring an Environment Using the Maintenance Snapshot in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators for detailed procedures. PLEASE JOIN ORACLE CLOUD CUSTOMER CONNECT Please take a moment to join the Cloud Customer Connect forums for EPM Cloud services. Oracle Cloud Customer Connect is a community gathering place for members to interact and collaborate on common goals and objectives. This is where you will find the latest release information, upcoming events, or answers to usecase questions. Joining takes just a few minutes. Join now! https://cloud.oracle.com/community NOTE: The Settings and Actions menu now contains a link to Cloud Customer Connect. To access this link, from the Home page, click the down arrow next to the user name (in the upper right-hand corner of the screen), and select Cloud Customer Connect. GIVE US DOCUMENTATION FEEDBACK We welcome your comments and suggestions to improve the content of the What's New document and the product documentation. Please send us your feedback at EPMdoc_ww@oracle.com. In the body or title of the email, state that you are inquiring or providing feedback, and indicate for which EPM Cloud service and the monthly update cycle. ANNOUNCEMENTS ADDITIONAL CHARTS IN ACTIVITY REPORT The Activity Report has been enhanced to include the following charts that help you understand the processing load in your environment: 15
Number of user interface requests by hour Number of User Interface Requests by Hour Duration of user interface requests by hour Duration of User Interface Requests by Hour 16
Number of Essbase operations by hour Number of Essbase Operations By Hour Duration of Essbase operations by hour Duration of Essbase Operations By Hour 17
CPU usage CPU Usage Memory usage Memory Usage See Using Activity Reports and Access Logs to Monitor Usage in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators MIGRATION AND AUDIT CARDS MOVED TO TOOLS CLUSTER Starting with the 18.04 update, the Migration card and Audit card will be moved to the Tools cluster in the Home page. The Migration card enables Service Administrators to access and manage lifecycle management-related activities such as exporting and importing artifacts and data, working with snapshots, and viewing the Modified Since and Migration Status Report has been moved to the Tools cluster. 18
The Audit card allows Service Administrators to activate audit trails to track changes to artifacts and data. Previously, this card was included in the Application Cluster. Auditing Tasks and Data in Administering Oracle Financial Consolidation and Close Cloud Administering Migration for Oracle Enterprise Performance Management Cloud SUPPORT FOR INFOLETS Infolets, a new dashboard capability to enable data visualization, are now available in Financial Consolidation and Close. Infolets enable Service Administrators to provide enhanced graphical data presentation using charts and texts. Service Administrators can create infolets for any cube. Infolets are interactive and use progressive disclosure to display high-level, aggregated, essential information for quick consumption at a glance. Users can act upon the information in the infolets as needed. They can be flipped and resized to display up to three charts or sets of values. Service Administrators can create an infolets page that contains one or more infolets. An Infolets page houses a container that manages the space occupied by the infolets and rearranges them depending on the size of the browser and the size of the infolets. Service Administrators can customize the application interface to enable end users to access infolets from the Home page using the Navigation Flow Designer. NOTE: Although you can design infolets on the 18.04 Test environment, they will not work in Production before 18.04 is applied. If you try to apply the infolets in Production 18.03, the infolet dots will be displayed, but you may not see any content upon accessing the infolet pages. When 18.04 is applied to the Production environment, you will be able to access infolets in the Navigation Flows. Designing Infolets in Administering Oracle Financial Consolidation and Close Cloud Viewing Key Information with Infolets in Working with Oracle Financial Consolidation and Close Cloud SUPPORT FOR SUBTITLES IN INFOLETS Service Administrators can now add subtitles to infolets after the infolet header. The infolet header remains the same for all views of an infolet, but you can now add an optional subtitle which can be customized to display different text for each view of an infolet. To add subtitles to an infolet, open an infolet in the Infolets Designer and hover over the upper right corner of the infolet to view the Infolet Menu. Under Layout, select Subtitle. For more information, see Using the Infolets Designer in Administering Oracle Financial Consolidation and Close Cloud. NEW FINANCIAL REPORTING EXPLORE REPOSITORY For new subscriptions, Financial Reporting has implemented a new Explore repository, which is very similar to the existing Explore repository. 19
Existing subscriptions will be migrated to the new Explore repository in a near term release. The Explore repository documentation has been updated. See Working with Financial Reporting for Oracle Enterprise Performance Management Cloud. NEW ROW AND COLUMN SUPPRESSION BEHAVIOR Service administrators can use the Smart View Suppression Behavior option to change suppression behavior when both the Smart View No Data/Missing and Zero suppression options for rows, or columns, or both are selected. If the Smart View Suppression Behavior option in the web application is set to: Legacy Only suppresses rows or columns containing either all No Data/Missing or all Zeros. Does not suppress rows or columns containing a combination of No Data/Missing and Zeros. For example, in Smart View, if both the No Data/Missing and Zero suppression options are selected for rows, and a row contains both zeroes and Missing labels, then the row is displayed; it is not suppressed. Standard Suppresses rows or columns containing all No Data/Missing or all Zeros, or a combination of both. For example, in Smart View, if both the No Data/Missing and Zero suppression options are selected for columns, and a column contains both zeroes and Missing labels, then the column is suppressed; it is not displayed. TIPS AND CONSIDERATIONS This feature was introduced with the 18.03 update. Smart View Administrators: See Specifying Smart View Settings in Administering Financial Consolidation and Close Cloud. Smart View Users: See Data Options in Working with Oracle Smart View for Office. CONFIGURABLE CONSOLIDATIONS You now have the ability to develop consolidation and elimination adjustment rules specific to your application. You can create rules for consolidation requirements that are not already provided by the system seeded rules. You can create one or more rule-sets, each defining a Source POV and Global conditions and representing a consolidation adjustment journal. Within each rule-set, you can then define individual rules, each representing the individual detail lines of the journal. Source POV members can also be re-directed within the rules to post to alternative target members based on one or more conditions. You can deploy the consolidation rules when needed. For more information, see About Configurable Consolidation Rules in Administering Oracle Financial Consolidation and Close Cloud. EXPORTING OWNERSHIP MANAGEMENT INFORMATION You can now import and export Ownership Management information. 20
For more information, see Importing and Exporting Ownership Data in Administering Oracle Financial Consolidation and Close Cloud. NEW SEEDED MEMBER IN OTHER COMPREHENSIVE INCOME HIERARCHY The seeded Other Comprehensive Income hierarchy in the Account dimension now includes a base member named FCCS_OR_OBFXCICTA, Other Comprehensive Income Opening Balance FX CICTA. It is used to carry forward Opening Balance for all revenue and expense accounts within Other Reserves (the parent member of Total Other Comprehensive Income). For more information, see FX Calculations in Other Comprehensive Income Hierarchy in the Seeded Dimension Members section in Administering Oracle Financial Consolidation and Close Cloud. SUPPORT FOR CUSTOM AUTOMATED AND EVENT MONITORING INTEGRATIONS Close Manager now includes the ability to create Process Automated and Event Monitoring tasks for external applications. A new EPM Adapter allows you to create connections and integration flows in Integration Cloud Service using Oracle EPM Cloud and other cloud and on-premises applications. For more information, see Creating Custom Close Manager Integrations in Administering Oracle Financial Consolidation and Close Cloud. SUPPORT FOR XLSX FORMAT IN CLOSE MANAGER AND SUPPLEMENTAL DATA MANAGER REPORTS When you generate reports for Close Manager and Supplemental Data Manager, the output format options now include XLSX format, in addition to PDF, HTML, and XLS formats. For more information, see Generating Custom Reports for Close Manager and Supplemental Data Manager in Administering Oracle Financial Consolidation and Close Cloud. REMOVAL OF SUPPORT CLASSIC DIMENSION EDITOR Effective with the June 2018 (18.06) update, the Dimensions link in the Navigator will link to the Simplified Dimension Editor, which was released with the 17.05 update (May 2017). Consequently, the Classic Dimension Editor will not be supported starting with the June 2018 update to the service (June 1, 2018 for test and June 15, 2018 for production instances). Editing Dimensions in the Simplified Dimension Editor in Administering Oracle Financial Consolidation and Close Cloud 21
FILE-BASED INTEGRATION OF DATA MANAGEMENT WITH ORACLE FUSION FINANCIALS CLOUD Oracle Fusion Financial Cloud Budgetary Control and Encumbrance Accounting is now fully integrated with Data Management. This enhancement brings the integration of Oracle Fusion Financials Cloud with Oracle Enterprise Performance Management Cloud on par with the current, out of the box, file-based integration. As a result, the file-based integration is being phased out starting the September update to the service. If you are using file-based integration between Oracle Fusion Financials Cloud and Oracle Enterprise Performance Management Cloud, Oracle recommends that you adopt this new integration as soon as possible. FINANCIAL REPORTING STUDIO DESKTOP CLIENT Oracle is committed to providing a simple and intuitive user experience. To achieve this, Financial Reporting Web Studio, available since March 2016, will become the only environment for designing and building reports. Oracle is providing additional time for users to transition from Financial Reporting Desktop Studio to Financial Reporting Web Studio. Tentative plans call for functional parity between Financial Reporting Web Studio and Financial Reporting Desktop Studio in 2018, at which time, support for the Desktop Studio will transition to the Web Studio and distribution of the Desktop Studio will cease. This transition is currently planned for the 18.06 update (June 01, 2018 for test and June 15, 2018 for production environments). Oracle recommends that you transition to using Financial Reporting Web Studio at the earliest opportunity. Please send questions and concerns to Oracle using the Provide Feedback option in the service. DEFECTS FIXED Software issues addressed each month will be posted to My Oracle Support. CONSIDERATIONS CHANGING THE EXCHANGE RATE TYPE When you change the Exchange Rate Type for an account to a Historical Override Exchange Rate Type (for example, from No Rate to Historical Amount Override ), the shared member is not created under FCCS_Historical Accounts. When you change the Exchange Rate Type from Historical Amount Override or Historical Rate Override to another Exchange Rate Type, the system does not delete the shared members from FCCS_Historical Accounts. Workaround: When you change an Exchange Rate Type, you must manually add or delete the members from the Historical Override shared hierarchies. 22
RESTRUCTURING CUBES After you upgrade to 18.04, you must run the Restructure Cubes job, due to a change in the position of the Entity dimension that will result in significant performance gains. First run the Restructure Cubes job for the Consol cube and then re-run it for the Rates cube. NOTE: If you import an LCM zip file that is created from a prior release, after the LCM import process, the Entity dimension reverts to its original position. To correct the dimension order, after the import process, navigate to the Enable Features screen and click Enable, without making any other changes. Then proceed with the Restructure Cube steps. Also, if you import an LCM zip file created in this release to a previous release, you must perform the same steps. For details, see Restructuring Cubes in Administering Oracle Financial Consolidation and Close Cloud. CONFIGURABLE CONSOLIDATION RULES If you were using 18.03 with Ownership Management enabled and the three Configurable Consolidation seeded rules deployed, after you upgrade to 18.04, the seeded rules will be displayed as Undeployed. SETTING THE FACTOR IN CONFIGURABLE CONSOLIDATION RULESETS If the None entry is selected in the first of the Rule-Set factor drop down boxes, ensure that the second drop down box has no selection (i.e. no entry / null and not None). If the second drop down box has a selection, then the factor cannot be saved in the individual rules. EXCHANGE RATE TYPE FOR PLUG ACCOUNTS The Exchange Rate Type must be the same for an Intercompany account and the plug account associated with it. For example, if the source accounts have an Exchange Rate Type of No Rate, then the Plug account Exchange Rate Type must be No Rate. If the source accounts have any of the three Historical Exchange Rate Types, then the plug account must also have the Historical Exchange Rate Type. The plug account does not have to be the exact same Historical type, but it must be one of the Historical Exchange Rate Types. INTERCOMPANY MATCHING REPORTS When a Power User has no access to an Entity or Partner in the report, the report displays #noaccess, and it also does not display the Variance. If a Power User has access to all members in the report except an Entity or one of the Intercompany Account members, the system displays An error occurred while processing. The error occurs because the Power User requires security access to both the Entity and Partner, and the Intercompany Account members. MEMBER FORMULAS IN THE SIMPLIFIED DIMENSION EDITOR In the Simplified Dimension Editor, when you add a member formula for a member that has all the Data Storage (Default/Consol/Rates) properties the same, such as Dynamic Calc, the system incorrectly changes the Consol Data Storage value to Store, and displays it as a non-compliant value. 23
TRANSLATION RULES When you create a translation rule and specify redirection to different members, the Source POV can be any members, including parent members, and seeded and system calculated members. You cannot select parent members only as part of the Source selection. The Redirection POV must be a base member and not a system calculated member. If you create a translation rule with no redirection, using only parent members in the Source selection is not allowed. AUTO REVERSAL JOURNALS If an auto reversal journal has an Approved status, you cannot unpost the corresponding auto-reversing journal. If the auto reversal journal is Rejected, then you can unpost the auto-reversing journal. IMPORTING JOURNAL ARTIFACTS When you import Journal artifacts into Oracle Financial Consolidation and Close Cloud through Migration, errors may occur and the journals are not imported. To work around this issue, after the import process fails, log out and log back in as an Administrator. From the Navigator, select Migration, and then the Snapshot tab. Expand the application. Expand Relational Data, select Journals, and click Import. RECONSOLIDATING DATA AFTER UPGRADING After you upgrade to 18.01, the first time you want to re-consolidate and re-translate any entity for a specific Scenario, Year and Period combination, you must run the Compute Rates task rule. Refresh the database and make sure that that Data Status is SC, showing that the cells are impacted. Then launch Consolidation and Translation. Subsequent re-consolidation / re-translation of the same Scenario, Year and Period combination does not require this step. The Data Storage property has changed from Dynamic Calc to Never Share for these rate accounts in the Rates Cube: FX Rates Average FX Rates Ending Additionally, due to a change in calculation for Opening Balance for Retained Earnings Prior, you may require reconsolidation of existing data if Opening Balance Adjustment entries have been made, but not otherwise. Also, enabling the Ownership Management feature requires a reconsolidation of existing data in order to populate the Proportion member of amount in the Consolidation dimension. OWNERSHIP MANAGEMENT ENABLEMENT Enabling the Ownership Management feature entails adding seeded accounts, which causes a restructuring of your application. Depending on the size of your application, the restructuring could take a considerable length of time. This can be expected to take as long as manually refreshing the database after adding accounts. If there are conflicts with aliases of existing members, an error is displayed that the system cannot enable the feature. To work around this issue, log off, and then log back in. Resolve the member alias conflict and refresh the database. 24
NOTE: If you try to refresh the database without re-logging into the session, a server crash may occur. When the Ownership Management feature is enabled, you will need to reconsolidate all existing data in your application in order to re-populate the Proportion member in the Consolidation dimension. If you enable the Ownership Management feature, you may not be able to open some existing Financial Reporting reports due to metadata changes for Ownership Management. For more information, see Member and Alias Considerations in the Enabling Ownership Management in Applications section in Administering Oracle Financial Consolidation and Close Cloud. ADDING BASE MEMBERS FROM DIMENSION EDITOR If you add a base member using the classic Dimension Editor and change the initially displayed Data Storage property on the Member Properties tab, please also check the Consol cube Data Storage option on the Member Formula tab. Ensure that the Data Storage option matches between the two settings. If it does not match, the member might not be usable. The Data Storage options can also be easily viewed and changed in the Simplified UI Dimension Editor. COPYING AND CLEARING DATA Be aware of the following issues relating to copying and clearing data: When copying override rates or amounts from one entity to another, the Calculation Status of the target entity should change from No Data to Impacted, but currently it does not. The source entity's Calculation Status is also incorrectly impacted. When copying an entity with a Calculation Status of No Data, the target should also have a Calculation Status of No Data. The Copy Data process is incorrectly setting the Calculation Status to Impacted. CHANGE IN CALCULATION OF CTA FOR NET INCOME / RETAINED EARNINGS CURRENT ACCOUNTS In the August, 2017 update (17.08), the seeded Net Income hierarchy included a new member named Retained Earnings Current Opening Balance FX-CTA as a sibling of Net Income. Opening Balance calculation was done for the new member, which was automatically added during the upgrade process. Due to this change, if you have not yet done so, you must reconsolidate your historical data by running the Consolidation process. SELF SERVICE UPGRADE It is strongly recommended that you do not use the Upgrade Application Content settings in this update. Although a new Upgrade screen is available in Daily Maintenance, this feature is not fully functional. EDITING DATES IN A COLLECTION PERIOD In a Data Collection Period in Supplemental Data, editing Start, End, and Close Dates may result in an error that the date is outside the valid range. 25
ENTITY MEMBER NAMES / ALIASES WITH ICP PROPERTY When you create an Entity with the ICP property enabled, the maximum length of the member name is 76 characters instead of 80, to allow for the ICP prefix. WORKING WITH METADATA Be aware of the following considerations: You should not make metadata changes that results in changing a base member to which a journal has been posted into a parent 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 removed by either clicking or selecting periods that are in the application and selecting. 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. SMART VIEW SUMMARY DIALOG DISPLAY In Internet Explorer, you may experience issues using the Open Summary dialog in Smart View. To work around this issue: Use the keyboard arrow keys to make your selection, then close and reopen the dialog; or Minimize and then reopen the dialog; or Use a different browser. MARCH 2018 UPDATE REVISION HISTORY This document will continue to evolve as existing sections change and new information is added. All updates appear in the following table: Date Feature Notes 07 MAR 2018 FX Calculations in Other Comprehensive Income Hierarchy Updated document. Added new feature delivered in March 2018 update. 07 Mar 2018 ClearEmptyBlock Rule Updated document. Added new feature delivered in March 2018 update. 02 MAR 2018 Updated EPM Cloud Application Creation Page Updated document. Revised landing page for this feature. 23 FEB 2018 Created initial document. 26