Tasks
A task is a unit of action within Financial Close Management, for example, data entry or data consolidation. Power users define the tasks that comprise a close process. Users can read task instructions, answer questions, submit, reassign, approve, or reject tasks, and can access tasks from email notifications or by logging on to Financial Close Management.
Integration Types
An Integration Type is a definition of a service provided by an application. For example, the Consolidate Integration Type for Oracle Hyperion Financial Management, Fusion Edition contains parameters such as the Point of View dimensions to run the consolidation. A standard set of Integration Types that are integrated with other Oracle applications is included with the installation.
Task Types
Task Types identify and categorize tasks commonly performed during a close period, for example, Data Entry, or G/L Extract. The Task Type enables you to set default information, such as settings that need to be input by the user, and questions or instructions that are shared by all tasks of that type. Task Types are often based on Integration Types.
Templates
A template is a set of tasks that are repeatable over close periods. Administrators can create templates for different types of close periods, such as monthly or quarterly.
Schedules
A schedule defines the chronologically ordered set of tasks that must be executed for a specific close period, and is the alignment of a template's generic close days to actual calendar dates.
Dashboard
The Dashboard view presents a portal-style interface with views into schedules and task lists, as well as high-level summaries into which you can drill down for greater detail.
Alerts
Alerts are notifications from Financial Close Management users on issues that they encounter during the close process, such as hardware or software issues. Users create alerts identifying a problem, and assign them to be resolved.
Report Binders
Report Binders are summaries of close process activity. They contain a description of all the task details that were executed as part of the close schedule. Report Binders enable administrators and others to review and adjust activities for future periods and are useful for audit purposes.