Management Ledger Profitability and Cost Management Applications

Management Ledger applications are designed for use by analysts who have deep domain experience in the computation and reporting methods of management reporting, but who may not have much experience with Oracle Essbase and scripting syntax or programming languages.

The data for Management Ledger applications is housed in both Essbase multidimensional databases and relational databases. You create applications in the Profitability Applications Console, and define the hierarchy of accounts, activities, and operations within the organization using dimensions and dimension members.

After the application is deployed, you build the model to show the flow of funds to specific cost and revenue allocations. Both the source and destination ranges of allocations are defined as calculation rules using the Oracle Hyperion Profitability and Cost Management user interface. As for Management Ledger and Detailed Profitability application types, points of view (POVs) represent a specific instance of the model, and can be used to view or calculate different versions of a model; for example, to view values for different months or quarters, to compare budget versus actual figures, or to play scenarios to measure the impact of various changes on the bottom line.

In Management Ledger models, there is no concept of stages or layers. All structure is controlled through the organization of rule sets and rules under POVs. For each POV, calculation rules are organized into groups that run against the same or similar region of the database and at the same or similar time. These groups are called rule sets. They determine the order in which calculation rules run. Calculation rules can inherit default member selections from the POV or rule set level so users can define a region of the database once and use it many times without having to specify it each time. These defaults are called "contexts".

The model is validated after creation to ensure that all allocations are have been accounted for, and calculations are balanced. Following validation, you deploy the database, and then calculate the model, and analyze the results.

For more information, see Management Ledger Model Elements.