FCCS

Starting date of IFRS 16: January 1, 2019: ends the distinction in terms of classification and accounting treatment, between operating leases and finance leases: the right to use the asset in leasing and the commitment assumed will emerge in the balance sheet in terms of assets and financial liabilities. The potential of Oracle FCCS for the management … Read More

We think that, by developing our FCCS consolidation template we will find so many matches with ESSBASE functionalities. And so, we try to report here. Let’s talk about metadata development in FCCS: here we can use the IMPORT METADATA function, so we build a TXT file with the dimensions we want to import into the … Read More

We have started developing our FCCS application for statutory consolidation. We start from the multi-year experience in the implementation of ORACLE HFM and ESSBASE applications. Learn more about FCCS features and functionalities: email support@experlab.it

We are just talking about pre-configured dimensions and hierarchies, but in FCCS Movement dimension was designed to facilitate the creation of Cash Flow Statement: Movement dimension members are appropriately grouped by Cash Flow sections: Operating Activities, Investing Activities, and Financing Activities. In addition, the FCCS_CashFlow hierarchy lays out the Cash Flow Statement design where more … Read More

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: … Read More