FCCS: Clear Data and Consolidation

Financial Consolidation and Close Cloud Service

FCCS Clear Data Options
  • 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.
FCCS Consolidation Process
  • When clearing data in FCCS, users have the option to clear by Scenario, Year, Period, Data Source, and Entity.
  • However, there is no option to clear by Consolidation.
  • 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.
FCCS Data Validation
  • By processing this step, it can prevent from data overlapping at consolidated level.
  • It will also cause confusion on data validation.

FREE CONSULTATION

Schedule your Free Consultation, to see it in action!

Contact Us!

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