Defining Rule Sets

Rule sets help organize allocation and calculation rules in several ways (Working with Rule Sets).

For a tutorial about rule sets, see this video:

Managing Rule Sets in Oracle Profitability and Cost Management Cloud

To define a rule set for one POV of an application:

1. In the Manage Rules screen (Figure 8-2, enter the year and period for a valid POV, and then click the Refresh button,
2. In the Rule Sets area, click or select Actions and then select Create Rule Set (Figure 8-3).

   Figure 8-3 Rule Set Definition Area

   
   
   
3. Enter a name for the rule set.
4. Optional: In the Description box, enter a description of the rule set. Using clear descriptions is highly recommended.
5. Enter a Sequence number to determine the order in which the rule set runs.
6. Optional: Select Enabled to indicate that the rule set is active when the calculation is performed.
7. Select an execution type to indicate how the rule set calculations should run:

   • Serial Execution, the default, runs all rules in the rule set sequentially, depending on their sequence number.

   • Parallel Execution runs rules with the same sequence number at the same time if computer hardware supports that.

   • Iterative Execution runs the rule set multiple times in sequence; Number of Iterations indicates the number of iterations to run.

     These settings support reciprocal allocations.

8. If selected, Use Global Context indicates that the global context should be applied to the current rule set, if one has been defined.
9. Optional: Define a rule set context to apply dimension defaults to all rules in the rule set (Defining and Managing Rule Set Contexts).
10. When the rule set definition is complete, click (Save).

• To edit and delete rule sets, see Managing Rule Sets.

• To define a rule set context and set defaults for all rules in the rule set, see Defining and Managing Rule Set Contexts.