Oracle® Hyperion Financial Close Management

New Features

Release 11.1.2.3


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Authors: EPM Information Development Team

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Table of Contents:

Features Introduced in Release 11.1.2.2.350

Features Introduced in Release 11.1.2.2.300

Documentation Now Certified on Apple Mobile Devices

Features Introduced in Earlier Releases

Features Introduced in Release 11.1.2.2.350

Semi-Automated Tasks

Task owners can now delay setting required parameters for automated tasks until the point when the task is ready to execute. If they do not set them in time, an email notification is sent and the task is delayed until the required parameters are entered.

Actual Time to Complete Column Attribute

This Close Manager feature displays the Actual Duration in the Task list, Gantt View and BI dashboards.

Hide Checkbox Options to Formats

Account Reconciliation Manager now has hide check boxes for the subsystem balances and unexplained difference rows on balance comparison method.

Net Activity Attribute - from Prior Reconciliation

Account Reconciliation Manager now has the ability to measure the amount change in any account from the last reconciliation performed for the account.

Frequency Relationship

You can now explicitly select the “include” frequencies which allows you to specify which frequencies to use in each period.

Enhanced Data Load Options

When you import balances, a “Full Refresh” option purges the existing data and re-imports clean data. New Data Load cannot be initiated on a location until all the stages are finished for the existing Data Load.

Advanced User Assignments

The Advanced Team Assignments feature includes 3 parts:

  • Team Assignments: This feature enables Preparers, Reviewers, Viewers, and Commentators to be assigned to Teams (defined and maintained in ARM) or Shared Services Groups

  • Backup Assignments: This feature enables an administrator or power user to specify a backup preparer or reviewer for a profile or reconciliation instance. Reconciliations revert to the backup assignment when the primary user is out of office.

  • Reassignment Requests: This feature enables preparers and reviewers to dispute a preparer/reviewer assignment on one or more reconciliations by submitting a request to administrators and power users to reassign the reconciliations.

Add Scheduling option to Data Load

These features enable data loads to be run on a scheduled basis. Administrators can create a data load in Account Reconciliation Manager, and then schedule it to run at a specific date/time using any scheduler such as Windows Task Scheduler or Cron. The status of any scheduled data load execution could be monitored in Account Reconciliation Manager.

Edit Currency UI

Custom Currencies enable customers to add new currency codes which can be used throughout Account Reconciliation Manger just like seeded currencies.

Extension to Auto Reconciliation

Auto Reconciliation is expanded to include 5 new methods:

  • Balance is zero and no activity

    The Source System Balance is zero, and the Source System Balance is the same as the prior reconciliation Source System Balance.

  • No activity

    The Source System Balance is the same as the prior reconciliation.

  • Balance is within range

    The Source System Balance is within an authorized range.

  • Balance is within range and no activity

    The Source System Balance is within an authorized range, and the Source System Balance is the same as the prior reconciliation Source System Balance.

  • Balance match (# tolerance)

    The difference between the Source System Balance and the Subsystem Balance is less than or equal to a tolerance value; the tolerance value is specified on the profile.

Summary Reconciliations

Summary Reconciliations enable organizations to prepare reconciliations at one level, and then perform a second compilation and review at a higher level. For example, reconciliations may be prepared in-country at the Company-Account level, and then consolidated and reviewed again at Corporate for all Companies at the Account level.

Features Introduced in Release 11.1.2.2.300

Oracle Browser Look and Feel

The Oracle Browser Look and Feel (BLAF+) provides a consistent look and feel (blue and beige versus deep blue for Fusion), consistent interaction model, and ultimately a consistent user experience across the entire suite of Oracle eBusiness products. With this release, by default, Financial Close Management is BLAF compliant. This is a user-specific change.

Close Manager Launching Options

Financial Close Management now supports expanded launch options to include specifying a schedule and view type. If specified, this will override the default behavior of showing what the user was viewing the last time they exited the application.

Close Manager System Automation Enhancements

With this patch, Close Manager greatly expands its system automations ability with 3rd party applications. Close Manager now supports synchronous Web services and the ability to support multiple invocations within one system-automated task execution. These two changes allow Close Manager to integrate with current and legacy financial applications. Please refer to the “Oracle® Hyperion Financial Close Management, Release 11.1.2.2 Integration Guide” available on the Oracle Technology Network.

User Interface System Automation Updates

The Oracle Hyperion Financial Close Management Administrator's Guide procedure will be updated:

On the Integration Type dialog, you select from the following Web services:

  • Asynchronous

    Starts each operation only after the preceding operation is completed

  • Synchronous

    Allows automated integration types to support quick, simple. For example, you can invoke a Web service that starts a job. Web services such as these are always synchronous. To support this call in the previous Close Manager release, the client would have to wrap the synchronous Web service in an asynchronous one.

  • Polling Synchronous

    Repeatedly invokes the designated synchronous Web service until the Web service responds, stating that the process is complete or a stated time period has expired.

Global Integration Tokens in Close Manager

The Global Integration Tokens feature enables creation of parameterized URL's. The URL's can be used for a variety of purposes, including launching OBIEE reports which require provision of parameters in order to display filtered report content.

Global Integration Tokens in Account Reconciliation Manager

The Global Integration Tokens feature enables creation of parameterized URL's. The URL's can be used for a variety of purposes, including launching OBIEE reports which require provision of parameters in order to display filtered report content.

Period Activity Enhancement in Account Reconciliation Manager

There are two new attributes:

  • Prior Period - Gives the source system balance of the reconciliation in the prior period.

  • Period Activity - Gives the difference between the source system balance of the reconciliation in the prior period and the current period. To facilitate these new attributes, there is a new field in the Period definition dialog Prior Period which states the prior period of the current period. Once a period is opened, you can no longer change the prior period.

Adding Custom Currencies to Account Reconciliation Manager

You can now add custom currencies to the list of available currencies. You insert the currency into the database.

Documentation Now Certified on Apple Mobile Devices

Documentation files for Release 11.1.2.3 are now available in two mobile formats: .mobi files, available previously, and .epub files. Oracle Enterprise Performance Management System ePub documentation files are supported on all Apple Mobile devices (iPad, iPhone, and iPod Touch). ePub files are supported on many mobile devices; however, they are certified only on Apple Mobile devices. Additional devices will be certified over time.

Features Introduced in Earlier Releases

If you are coming from Release 11.1.2.0, 11.1.2.1, or 11.1.2.2, use the Cumulative Feature Overview tool to review the list of new features added between those releases. This tool enables you to identify your current products, your current release version, and your target implementation release version. With a single click, the tool quickly produces a customized set of high-level descriptions of the product features developed between your current and target releases. This tool is available here:

https://support.oracle.com/oip/faces/secure/km/DocumentDisplay.jspx?id=1092114.1