Oracle Financial Consolidation and Close Cloud Service (FCCS)
Oracle Financial Consolidation and Close Cloud Service (FCCS) is a cloud-based configurable solution to ensure that financial consolidation processes are compliant, auditable, timely, and transparent. It’s a subscription-based service built for, and deployed on, Oracle Cloud. That means no hardware setup, and minimal IT support, which makes it simple and quick to deploy.
Developed by an industry expert with over 5+ years of expertise in the Oracle EPM domain, the Oracle Financial Consolidation and Close Cloud Service training offers a meticulously crafted curriculum to empower learners with comprehensive knowledge and proficiency in this field.
In This Module We Will Learn :
- Course Agenda
- Acronyms
- Financial Close Cycle
- Financial Consolidation
- Need for Consolidation
- Introduction: Consolidation, Elimination & Translation.
- Use Case : Deployment
- FCCS Concepts
- IC Elimination Setup
- Translation
- Currency Translation
- Consolidation Dimension
- Introduction to FCCS Components
- Services
- Core Consolidation
- Close Management
- Iaas and Paas Benefits together Copy
- Financial Reports, SmartView & Connections
- Creating a FCCS Application – Part 1
- Creating a FCCS Application – Part 2
- Module 3 – Agenda
- Dimensionality
- System Dimensions
- Common Properties
- Scenario Dimension
- Account Dimension
- Year & Period Dimension
- View Dimension
- Entity Dimension
- Entity Properties
- Intercompany Dimension
- Account Dimension Properties
- Currency Dimension
- Consolidation Dimension
- Data Source Dimension
- Movement Dimension
- Multi GAAP Dimension
- LAB
- Using SmartView
- Data Management
- Designing Reports
- Financial Close Management Module
- Supplemental Data Management Module
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