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FCCS: Scenario Override Option for Opening Balance

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edited Dec 2, 2020 5:33PM in Financial Consolidation and Close 2 comments

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Hi all

We would like to take advantage of this feature which was introduced this year, but we have a doubt: 

http://https://www.oracle.com/webfolder/technetwork/tutorials/obe/cloud/epm/fcc/openingbalance/index.html

According to the documentation, is it necessary to consolidate the scenario Actual (the source) in order to apply the data in the opening balance?

Can someone please explain to me the reasoning behind the consolidation? if we have to consolidate the Scenario Actual if we want to apply the Opening Balance from Actual to another Scenario?

For example if I want to create a new scenario in FY20 with OpeningBalance from Actual, do I have to consolidate Actual FY19?

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