About Business Rules

Calculation Manager enables you to create, validate, deploy, and administer sophisticated multidimensional business rules.

You typically create business rules to:

  • Allocate costs among entities

  • Model revenues

  • Model expenses

  • Prepare a balance sheet

  • Calculate cash flow

  • Calculate currency translation adjustments

  • Calculate group and minority interest

  • Calculate deferred taxes

Before you create a business rule, you should be familiar with the database outline and the application with which you are working. Having this information helps you to create business rules more efficiently. You should also understand the following about your data:

  • How the data is stored and aggregated

  • At what level the data gets loaded into the database

  • Calculation order

  • Key assumptions that drive the calculations

You can create business rules using components such as formulas, scripts, loops, data and member ranges, templates, and variables, including runtime prompt variables. (See Using Components to Design Business Rules and Templates.)

As you create business rules, you can leave the components, templates, and variables you are working with open. Calculation Manager displays these objects in a tabbed interface so you can move easily among the tabs as you create the rules. You can have as many as ten tabs open. For optimum performance, however, you should not open more than ten objects simultaneously.

To launch a business rule in Planning, the administrator must give launch privileges to the rule.

Note:

You can also create a business ruleset of two or more related rules (or rulesets) that you can launch simultaneously or sequentially. See Designing Business Rule Sets.