FCCS: Clear Data and Consolidation

Written By: Henry Lin - EPM Cloud Consultant
Publication Date: 1/07/202020

Need help with Oracle FCCS?

Get Help


Financial Consolidation and Close Cloud Service

Oracle's Financial Consolidation and Close Cloud Service (FCCS) has the option for clearing data by: Scenario, Year, Period, Data Source, and Entity. However, some users may find themselves confused when attempting to validate the data at different level.

save time

During consolidation, the data gets translated from FCCS_Entity Input to FCCS_Entity Total at consolidated level. When clearing data, all the data resides in level 0 will get cleared. However, since in Clear Data option, there is no option to select by Consolidation, the data at Consolidated level (FCCS_Entity Total) will remains within the application.

save money

By processing this step, it can prevent from data overlapping at consolidated level. It will also cause confusion on data validation.

easy


Paradigm SES

Paradigm SES provides EPM and BI solutions to companies across the globe. Our team of experts have over 30 years of hands-on functional experience. We deliver process improvements, data management, data visualization and reports, and greater insights to multiple fortune 500 companies.

Our experience in hundreds of different functions allows us to quickly identify proven solutions that will work within most any area of a business environment. We are passionate about creating better work environments through efficiency and imaginative solutions.



FREE DEMO

Ready to start consolidating with FCCS?

Call Us Schedule your Free FCCS Demo, to see it in action!

We offer Autonomous Systems for EPM Cloud Applications such as Oracle Planning & Budgeting Cloud Service (PBCS)/EPBCS, Financial Close & Consolidations Cloud Service (FCCS), Hyperion Financial Management (HFM), Account Reconciliation Cloud Service (ARCS), Profitability & Cost Management (PCM) and more.