Out of the box calculations
SummaryOut of the box calculations / objects in groovy
FCC supports Configurable Calculations (Insertion Point Rules) and On Demand Rules (ODRs). Users can customize their business processes by writing custom calculations in essbase calc script format using these powerful tools. It requires users to understand how to write effective essbase calc script. With some coding efforts and multiple rounds of fine tuning the scripts, users get both, the results and the performance.
But what if FCC can provide its users out of the box calculations or objects that call be called without writing a single line of calc script? Example, if a user needs to calculate Opening Balance, without running Consolidation, user just need to call calculateOpeningBalance("Actual", "FY20", "Jan", "East Sales"). I am sure there will be much more such business process in your mind that you would like FCC to support.