Thank you for supporting the Cloud Customer Connect Community in 2024. It's a gift to work with you!

Look back
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

What's New in EPM Cloud Release 20.12

edited Dec 2, 2020 4:32PM in Financial Consolidation and Close 3 comments

Summary

Learn about what's new in EPM Cloud Release 20.12.

Content

Check out the December 2020 What's New to understand new features included in EPM Cloud Release 20.12.

Of interest for Financial Consolidation and Close:

Entity Dimension Consolidation Enhancements

Enhancements have been added to the Entity Dimension to amend data input restrictions and consolidation scope on top entities to improve performance, and also allow you to run the consolidation process from the Entity top member.

The new behavior will be applied by default wherein data is not translated to parent currency or consolidated to Contribution / Contribution Total for the “top” entities in the Entity dimension (“Total Geography” and any siblings). This is because there is no valid parent entity for which a default currency is defined, and no valid parent entity to which to contribute (the “Entity” member of the dimension is deemed to be a dimension label rather than an entity). However, the entity dimension label (“Entity”) can be selected when invoking a consolidation process. This will allow all hierarchies in the entity

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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