Working with Configurable Calculations

Within the consolidation process, internally Financial Consolidation and Close performs a set of calculations, then performs the standard translations and FX calculations, and finally performs the standard consolidation and elimination.

In addition, Financial Consolidation and Close allows you to include additional calculation rules for your applications. The system provides insertion points within the default consolidation process where you can include your own calculation rules.

You write rules in script format using Calculation Manager, and then deploy them to Financial Consolidation and Close. For information on using Calculation Manager, see Designing with Calculation Manager for Oracle Enterprise Performance Management Cloud.

The following security access is required for configurable calculations:

  • To create, modify, and delete rules, you must be the Service Administrator.

  • To view rules, you must be a Service Administrator or Power User.

See these topics: