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Oracle Financial Consolidation and Close Cloud (FCCS) - June 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)
June 2018

Monthly Update Schedule:

Oracle will apply the latest updates to your test environments starting at 22:00 UTC (15:00 PDT) on Friday, June 1, 2018 and to your production environment on Friday, June 15, 2018, also starting at 22:00 UTC. The updates will be applied to your environments during the first subsequent daily maintenance.

Backing up the daily maintenance snapshot and restoring the environment as needed are self-service operations. Oracle recommends that you download the maintenance snapshot every day to a local server. Refer to Backing Up and Restoring an Environment Using the Maintenance Snapshot in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators.

NOTE: You can import backup snapshots into environments with the same, the preceding or the next update versions. For example, you can import backup snapshots from release 17.08 into releases 17.07 and 17.09. For more information about migration, see Administering Migration for Oracle Enterprise Performance Management Cloud.

Announcements and New Features:

  • Power Users Can Lock and Unlock Data
  • Referential Integrity for Configurable Consolidation Rules
  • New Version of Oracle Smart View for Office
  • Updates to Snapshot Retention Policy
  • Forms Listing as a Hierarchy in Navigation Flows Artifact Library
  • More Intuitive POV Bar in Dashboards
  • Specify a Maximum Email Attachment Size When Scheduling Batches
  • Remove Time Stamp From File Name When Bursting Batch Reports

Upcoming Changes:

  • New Data Exchange Card in Oracle EPM Cloud
  • Classic Dimension Editor
  • Composite Form Creation Capability
  • 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)

Considerations:

  • Consolidation Rules - Errors in Seeded System Rules
  • Calculation Status
  • Metadata Aliases
  • Changing the Exchange Rate Type
  • Exchange Rate Type for Plug Accounts
  • Intercompany Matching Reports
  • Translation Rules
  • Reconsolidating Data After Upgrading
  • Ownership Management Enablement
  • Importing Journal Artifacts
  • Adding Base Members From Dimension Editor
  • Smart View Summary Dialog Display
  • Copying and Clearing Data
  • Change in Calculation of CTA for Net Income / Retained Earnings Current Accounts
  • Self Service Upgrade
  • Editing Dates in a Data 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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