What's New in EPM Cloud Release 20.12
SummaryLearn about what's new in EPM Cloud Release 20.12.
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