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What's New in EPM Cloud Release 20.07

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Summary

Learn about what's new in EPM Cloud Release 20.07.

Content

Check out the July 2020 What's New to understand new features included in EPM Cloud Release 20.07.

Of note for Financial Consolidation and Close (note that updated documentation links will be available Friday, July 3rd):

Additional Consolidation Dimension Members

The Consolidation dimension now includes additional members if the Translated Currency Input, Parent Input and Contribution Input features were selected during application creation or enabled subsequently. The additional members are:

  • Translated Currency Input
  • Parent Input
  • Parent Total
  • Contribution Input
  • Contribution Total

You can now enter Currency Adjustment journals to any input currency. These adjustments are then applied to the matching parent currency or reporting currency after translation / FX / CTA has been calculated. When you enable Translated Currency Input during application creation, the system creates an additional member in the Consolidation dimension named FCCS_Translated Currency Input. You can select the FCCS_Translated Currency Input member when you create journals, journal templates, and journal reports, and export and import journals through the Journals module. In addition, the FCCS_Translated Currency Input member is available for selection in On-Demand Rules.

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