Learn about Redwood and be one of the first to join the conversation

Visit Redwood Community
Out of the box calculations — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Out of the box calculations

Received Response
24
Views
2
Comments
edited Sep 23, 2020 11:26AM in Financial Consolidation and Close 2 comments

Summary

Out of the box calculations / objects in groovy

Content

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.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!