1. Administering Financial Consolidation and Close
  2. Creating a Financial Consolidation and Close Application
  3. Enabling Application Features
  4. Consolidation, Supplemental Data, and Enterprise Journals Features

Consolidation, Supplemental Data, and Enterprise Journals Features

Financial Consolidation and Close provides a centralized monitoring of all business process tasks by defining your business process activities for the period. You can enable the Consolidation feature to calculate and aggregate data throughout the organization. You can then calculate and adjust data, perform currency translation and run consolidation rules. When you enable the Supplemental Data feature, you can manage supplemental transaction details for financial analytics and disclosure. When you enable the Enterprise Journals feature, you can manage the preparation and approval of manual journal entries for inclusion in the general ledger posting, and provide an integrated solution with the Enterprise Standard ERPs.

When you create an application, by default, Consolidation and Task Manager features are enabled.

Supplemental Data and Enterprise Journals features are optional. You can enable them during or after you create an application.

To enable features, see Enabling Application Features.

Consolidation Features

The following features are only available if the Consolidation module is enabled. If it is not enabled, you cannot access these features from either the Home page or the Navigator.

  • Balance Sheet Hierarchy
  • Financial Dashboards
  • Journals
  • Approvals
  • Rules
  • Valid Intersections
  • Data Management Integration
  • Action Menus
  • Smart Lists
  • Variables
  • Reporting
  • Workflow

Supplemental Data Features

The following features are only available if the Supplemental Data feature is enabled. If it is not enabled, you cannot access these features from either the Home page, Downloads page, or the Navigator.

  • Create and Manage Supplemental Data
  • Smart View Extension for Supplemental Data Management

Enterprise Journal Features

The following features are only available if the Enterprise Journal feature is enabled. If it is not enabled, you cannot access these features from either the Home page, Downloads page, or the Navigator.

  • Dashboards
    • Overview/Compliance
    • Build your own custom
  • Journals list
  • Journal Detail page
    • Header and Line item sections
    • Attach Supporting Documents
    • Audit Trail
  • Templates
    • Design preferred journal layout
    • Set up recurring journals
  • Workflow
  • Oracle Smart View for Office
  • Smart View Extension for Enterprise Journals
  • EPM Integration & Posting to any ERP, including External Validation Prior to Approval & Post