Eliminations
Discussion List
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Considerations for Posting Journals to a Plug Account in FCCSSummary: Are there any concerns or best practices when posting journals directly to a plug account in Oracle FCCS? Content (please ensure you mask any confidential infor…Bjoern Schumacher 54 views 6 comments 0 points Most recent by Ashutosh Bhatikar-Oracle Financial Consolidation and Close -
eliminationSummary: Alternate hierarchy doesn’t roll up correctly for the Alternate hierarchy parent Entity due to missing elimination. Content (please ensure you mask any confiden…Gayathri C 12 views 1 comment 0 points Most recent by Jack Burton-Support-Oracle Financial Consolidation and Close
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Unexpected behavior on intercompany eliminations on Disposals in a staged Entity's hierarchySummary: I have two hierarchies with the same base members: one flat another staged. In the flat hierarchy, the disposal of entity RU83 is treated correctly by the nativ…Fabio Fiore 32 views 6 comments 0 points Most recent by Ajay Kumaran-Oracle Financial Consolidation and Close -
Subsidiary owned 100% gets proportion effect up to its parent equal to ownership % of its subsidiaryHi, We have a situation where a new entity gets activated in April FY23 as a 100% owned subsidiary (E122), which consolidates to a parent that is 45% owned (using propor…
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Elimination is not working in shared account structureWe have created alternate account structure for segment reporting and shared Balance sheet members from primary hierarchy to shared hierarchy. It seems elimination is no…JyotiSharma 22 views 4 comments 0 points Most recent by Ajay Kumaran-Oracle Financial Consolidation and Close
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Defining Entity HierarchySummary: Hello Experts We have following entity hierarchy. There, we have defined the Company X as a subsidiary. However we have following doubts to be cleared. 01. We h…Kalana Prasad 1 view 6 comments 0 points Most recent by Ashutosh Bhatikar-Oracle Financial Consolidation and Close
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is there any way to get all the eliminations and journals in one report in FCCS?We have one requirement from client to have one report containing all the eliminations and journals, is this possible in FCCS?Ethien Eid 42 views 6 comments 0 points Most recent by Dhanasekaran Kasimani-Oracle Financial Consolidation and Close
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Plan Type in Entity DimensionSummary: Hi All, Please explain as to whats the purpose of having the 'Plan Type' while creating members in the 'Entity' dimension as 'Consol' and 'Rates' since the FCCS…Vipusha Chandrakumaran 22 views 3 comments 0 points Most recent by Ashutosh Bhatikar-Oracle Financial Consolidation and Close
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How to disable out of box ICP Elimination rules in FCCS?Summary: Hi - The out of the box elimination rules is not working for our organization as they need elimination to be written to a different entity rather than the 1st c…Pranab Kumar-279997 51 views 4 comments 0 points Most recent by Dhanasekaran Kasimani-Oracle Financial Consolidation and Close
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Delete file from inboxSummary: Hi all, i'm facing the following issue while deleting file from inbox/outbox explorer through using REST api from groovy script. "A method called by the script …SRAD 34 views 4 comments 0 points Most recent by Ashutosh Bhatikar-Oracle Financial Consolidation and Close
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Alternate Hierarchy IssuesSummary: Hi All, We've created an alternative hierarchy and shared few parent and base members within it. However, we're currently facing issues with viewing the correct…
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Implementation of financial notes eligible for eliminationSummary: We need to implement financial note accounts which are eligible for elimination, but we need to input values in summary, not per ICP in detail. So, we tried to …
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Input data for a Parent EntitySummary Input data for a Parent EntityContent Hi All, my client need to input data directly in a Parent Entity. Is it possible in FCCS? Thanks so much, AntonioAntonio Barbaro 40 views 5 comments 0 points Most recent by Ashutosh Bhatikar-Oracle Financial Consolidation and Close -
What is best practice when handling acquisitions and disposals of subsidiaries in FCCS?Summary: In order to handle the calculations and eliminations associated with acquiring and disposing of subsidiaries some consolidation systems provide tools that are r… -
Minority Interest getting calculated at the common parent even when Cumulative Ownership % is 100Summary: Hi, We have an entity that is owned by two different parent entities by 99.99% and 0.01%. It means that there is no Minority Interest on the top of that group. …Harshith J Rao 156 views 15 comments 0 points Most recent by Harshith J Rao Financial Consolidation and Close
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Out of Balance in Proportion after changing the consolidation methodSummary: Out of Balance in Proportion after changing the consolidation method Content (required): Hi experts, After changing the conslidation method from Equity to FullC…Magdalena Rønneberg 217 views 28 comments 0 points Most recent by Ajay Kumaran-Oracle Financial Consolidation and Close -
How does Intercompany Elimination works when a shared member creates a "FCCS_Mvmts_Disposals"Summary: Content (please ensure you mask any confidential information): Hi all I need an explanation as to how this works: How intercompany eliminations works in the cas… -
How do we eliminate difference in goodwillSummary: Hello, We have performed P13 Adjustments on Undiv Profits and performed consolidation. After checking the consolidated results, we have noted the difference are…Martha Pauline Malaluan 34 views 1 comment 0 points Most recent by Maggie Reed-Oracle Financial Consolidation and Close
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Currency translation - ERP vs FCCSWe need to setup a multicurrency application with IC eliminations. We are contemplating if there is a need to set up reporting ledgers and perform currency translation i…RajuNaidu 45 views 3 comments 0 points Most recent by Hari Nagumalli - Oracle EPM-Oracle Financial Consolidation and Close
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Retained Earning Elimination queryContent Hi all We have an issue where some elimination is not happening, and we do not understand the reason behind it: Example: This account (FCCS_Retained Earnings) ha…NK2025 48 views 6 comments 0 points Most recent by Ashutosh Bhatikar-Oracle Financial Consolidation and Close
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FCCS Rule-Net Income (Equity) cannot limit the loss to the amount of investment cost- Joint VentureSummary: Accounting for Joint Venture (JV) using Equity method. The share of loss cannot exceed the investment cost as the Joint Venture is a limited company. The standa…Vani-Oracle 33 views 1 comment 0 points Most recent by Pavan-Oracle Financial Consolidation and Close -
Data Load Rule Only Pull One Level and not the roll upsHi, I'm currently working on a data load rule that pulls just intercompany elimination at just a parent entity level. I'm running into an issue where it pulls the child …Sarah Paroya 41 views 6 comments 0 points Most recent by Ashutosh Bhatikar-Oracle Financial Consolidation and Close
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Sequence of Elimination and Translation for Disposal Movement Member - Historical AccountSummary: How is the sequence of elimination process and translation process for disposal movement member? I created configuration rule that get the source from fccs_pare…
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How can I close the intercompany accounting accounts?Summary: How can I close the intercompany accounting accounts? I am in a new implementation where there are 80 different legal entities but they all have the same ledger…Pedro Carlin 45 views 4 comments 0 points Most recent by Pedro Carlin Financial Consolidation and Close
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Historical Amount Override to be input for Investment and Equity EliminationsSummary: While for Historical amount override accounts, we are loading its USD Override value at Base Non USD entity as well as Parent non USD entity. But when Equity Hi…
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Goodwill is not being calculated and consolidation is not happening in Oracle FCCSHi all, I am very new to Oracle FCCS and learning it with some test case scenarios. I have configured the application and input the following data. Below screenshot prov…Ram Kashyap 85 views 1 comment 0 points Most recent by Ajay Kumaran-Oracle Financial Consolidation and Close
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Elimination rule based on a specific condition in FCCSSummary: We have a requirement to eliminate some amount on the basis of a specific condition: The sum of Entity's data with ICP and ICP's data with Entity -> if it is le…Aditya Mehta 33 views 1 comment 0 points Most recent by Ajay Kumaran-Oracle Financial Consolidation and Close
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FCCS Rule warning errorSummary: Any insight on the following warnings will help to understand the FCC behavirour. Also, any reference for standard rule writing practice. Content (please ensure…AlokPriyadarshi-Oracle 71 views 4 comments 0 points Most recent by Ashutosh Bhatikar-Oracle Financial Consolidation and Close
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Balance Sheet is out because of CTA deriving on Elimination due to NetIncome(Subsidiary) Config RuleSummary: There are translation issues because on Entity currency, Balance Sheet is matching and on Parent Currency, Balance Sheet is going out. When further analyzed, se… -
How to replicate a Custom Calculation from HFM in FCCS?Summary: We are reviewing a migration for a customer who is currently using HFM and would like to use FCCS. It was identified that in this client there is a customized a…Rafael A. Bianchi 63 views 5 comments 1 point Most recent by Unknown Financial Consolidation and Close