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What's New in Oracle Cloud EPM Release 21.12

edited Dec 7, 2021 12:58PM in Account Reconciliation


Learn about what's new in Oracle Cloud EPM Release 21.12.

Content (required):

Please refer to the December 2021 What’s New guide to understand the new features included in Cloud EPM Release 21.12.

Of note for Account Reconciliation this month:

Global Time Zone Setting

A global time zone setting has been added to Account Reconciliation. The default setting will remain as UTC, however this global setting allows the service administrator to choose a different time zone. Reconciliations are considered late if they are not closed by midnight of the selected time zone.

Business Benefit: Companies can now choose their preferred time zone which controls when reconciliations are considered late.

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