Archivi categoria: Fin. Consolidation and Close Cloud Service (Fccs)

HFM vs. FCCS dimensionality

Oracle Hyperion Financial Management (HFM) on premise application is based on 12 dimensions: Scenario; Year; Period; View; Entity; Value; Account; Intercompany partner; Custom1; Custom2; Custom3; Custom4. We can use more than 12 dimensions if we make applications with more than 4 Custom dimensions.

Oracle Financial Consolidation and Close Cloud Service (FCCS) starts with 13 dimensions: Scenario; Year; Period; View; Consolidation; Datasource; Currency; Entity; Account; Movement; Intercompany partner; Custom1; Custom2.

FCCS “Consolidation” dimension recalls the old HFM “Value” dimension which means how data go up from my local currency balances to the contribution to a Consolidation Node.  FCCS “Datasource” dimension recalls the old HFM “Nature” dimension: we can upload data manually or from TXT or from FdmEE, we can make adjustments in Local or consolidation currency, Fccs performs intercompany eliminations during consolidation process: all these different “nature” of data entry and manual / automatic journals are mapped into the “DATASOURCE” FCCS dimension. FCCS “Movement” dimension recalls the old HFM “Flows” dimension: this shows for istance the info about a fixed asset Opening Balance, an Acquisition, a Disposal and all the movements useful to the Note to Financial Statements.