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Oracle Financial Consolidation and Close Cloud (FCCS) - May 2018 Updates

Tanya Heise
Sr Principal Technical Support Engineer

The following announcements and considerations are outlined in the upcoming Oracle Financial Consolidation and Close Cloud (FCCS) update:

Oracle Financial Consolidation and Close Cloud (FCCS)
May 2018

Monthly Update Schedule:

Oracle will apply the latest updates to your test environments starting at 22:00 UTC (15:00 PDT) on Friday, May 4, 2018 and to your production environment on Friday, May 18, 2018, also starting at 22:00 UTC. The updates will be applied to your environments during the first subsequent daily maintenance.

Announcements and New Features:

  • Seeded System Consolidation Rule-Sets
  • New EPM Automate Utility Version
  • Microsoft Excel Version Usage in Activity Report
  • Retain Last Accessed Tab in Navigation Flow Cards
  • Enhancements to Dashboards
  • Oracle Account Reconciliation Cloud Clusters and Cards as Navigation Flows Targets

Removal of Support:

  • Close Manager Calendar View
  • Classic Dimension Editor
  • File-Based Integration of Data Management with Oracle Fusion Financials Cloud
  • Financial Reporting Studio Desktop Client


Defects Fixed:
  • Software issues addressed each month will be posted to Enterprise Performance Management Cloud Release Highlights (Doc ID 2055579.1)


  • Calculation Status
  • Dashboard Folders
  • Metadata Aliases
  • Migrating Rules with Shared Members
  • Changing the Exchange Rate Type
  • Exchange Rate Type for Plug Accounts
  • Intercompany Matching Reports
  • Member Formulas in the Simplified Dimension Editor
  • Translation Rules
  • Auto Reversal Journals
  • Importing Journal Artifacts
  • Reconsolidating Data After Upgrading
  • Ownership Management Enablement
  • Adding Base Members from Dimension Editor
  • Copying and Clearing Data
  • Smart View Summary Dialog Display
  • Change in Calculation of CTA for Net Income / Retained Earnings Current Accounts
  • Self Service Upgrade
  • Editing Dates in a Collection Period
  • Entity Member Names / Aliases with ICP Property
  • Working with Metadata


Refer to the following links and documents for further information:

  • Oracle Cloud Release Readiness - Get up to speed on the latest cloud release and ensure your upgrade is a success with Oracle's Release Readiness assets. To access this broad range of assets, locate your service on the left, then choose a release from the service's drop-down menu. Learn and how to plan your upgrade by reviewing expanded discussions of new features,including capability overviews, business benefits, setup considerations and usage tips.
  • My Oracle Support (MOS) Knowledge Article: Enterprise Performance Management Cloud Release Highlights Doc ID 2055579.1



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