What is the impact of not Assign Financial Categories to the Natural Accounts

Omran Zeaiter

One of the prerequisites for implenting a reporting tool such as OTBI and FDI , is to assign financail categories to the natural accounts.
What is the impact on not doing this step.

Regards,
Omran

Sumanth V -Oracle

@Omran Zeaiter - Assigning Financial Categories to Natural Accounts in Fusion Data Intelligence (FDI) is a critical prerequisite to ensure accurate data alignment and reporting.

Financial categories act as metadata that classify natural accounts into predefined groups (e.g., revenue, expense, asset). This mapping allows the system to interpret and organize data effectively for analytics and reporting.

Many out-of-the-box (OOTB) metrics in FDI rely on financial categories. Not mapping these correctly can lead to incomplete or incorrect key metrics.

Without assigning financial categories:

• Critical analytics, such as profit and loss summaries, balance sheets, or cash flow statements, may fail to function as expected.
• Errors or missing data can occur in FDI processes, leading to inefficiencies in data validation and troubleshooting.

Hope this helps!