FCC: Key User (2 days)

Audience

Key users.

Learning Objectives

Enable Key Users to engage with FCC and understand various methods of data entry, how to run consolidations and report on data in Oracle’s Financial Consolidation and Close (FCC) applications.

Course Description

An in-depth introduction to FCC covering everything that key users need to know to work effectively with FCC.This course explores FCC dimensionality and how data can be entered, loaded, adjusted, translated, consolidated and then analysed using data forms, dashboards, financial reports and ad-hoc spreadsheet analysis.

Explore the look, feel and functionality of the FCC interface. Gain familiarity with the menu structure, clusters and cards available for navigation. Find out about the close process and discover how to submit and approve close tasks. Learn about creating and submitting journals and how to enter and report on Intercompany balances.

Get an understanding of the submission workflow and find out how to trigger business rules to run consolidation and other calculations. Create smart forms and custom dashboards. Perform ad-hoc analysis and learn how to write functions in Smart View and run Financial Reports.

Course Information

Audience: Key users

Duration: 2 days

Pre-requisites: None

Delivery method:

Classroom: Private - In Person or Live Online (contact us to schedule)

Advanced preparation: None

Recommended CPE credits: 14 credits

Day Summary

Day 1: Overview, navigation, FCC dimensionality, the close process, intercompany processing, working with journals.

Day 2: Consolidation, calculation, translation, exchange rates, manage approvals, data forms, Smart View ad hoc analysis and functions, running Financial Reports.

Detailed Agenda

FCCS Overview

Navigating FCCS
Setting the Point of View

FCC Dimensions

Metadata and Smart View
Review Seeded Dimension Members

Navigation Flows - Navigation flows allow custom views of clusters and cards.Cards can be setup to access other cloud services e.g. PBCS

Customized Clusters & Cards
Infolets

The Close Process

Loading Data using Data Management
Running Calculations
Review Income Statement
Review Balance Sheet
Entering Balance Sheet Movements
Review Cash Flow
Entering Supplemental Data

Intercompany Processing - Enter and review intercompany balances by running the

pre-built Intercompany Matching Report

Elimination
Matching Reports

Working with Journals - Create, submit, approve and post journals. Run pre-built Journal reports and track the journal using the Data Source dimension

Journal Templates
Create Submit & Post Journals
Journal Reports

Consolidating Data - Calculation, translation and aggregation of data

Review Exchange Rates
Translation Settings
Calculation Status

Manage Approvals Data Forms

Composite Forms
Smart Forms
Customising Dashboards

Smart View

Data Forms
Smart View OptionsAd Hoc Analysis
Setting the POV
Zoom in/ Out
Keep/ Remove Only

Writing Smart View Functions

Smart View Extensions - Extensions are downloaded to provide additional functionality when working in Smart View

Close Manager
Entering Supplemental Data

Financial Reports - Create management and statutory reports and books of reports

Running Reports
Working with Books

Register

This course is offered through our strategic partnership with Keyteach, using state-of-the-art technology and a live Cloud environment for hands-on labs. Contact us to schedule a private class, or view the public class schedule.