EPBCS/Planning: Implementation of 'Best Practice' solutions
Summary: 1) Finance: Planning of additional details to support Account level. 2) Projects/Capital: Loading of Opening balances from prior year.
We have had similar questions from 2 clients and would like to get some feedback regarding best practice solutions:
1. Capital/Projects: Both clients would like to ‘carry-over’ or start their new budget with ‘opening balances’ from the prior year.
- What is ‘best practice’ to accommodate Capital-Projects with opening balances?
2. Finance: The clients would like to plan detail behind some of the G&A Expense accounts i.e. Consulting fees is made up by certain line items. Supporting details are too cumbersome. We suggested to the client that we can either use a custom cube with an interface to Finance or provide a dimension for ‘Item details’ in OEP_FS.