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Hyperion Financial Management User Guide

Entities in an organization are dependent, base, or parent entities. Steps to perform consolidation ©Business Intelligence Solution Providers learnhyperion.wordpress.com [email protected] 25 26. Various hierarchies can correspond to geographic consolidation, legal consolidation, or consolidation by activity. Release Take a Survey Contact Us Release EPM System Installation For the Oracle Enterprise Performance Management System Supported Platform Matrix, click here: http://www.oracle.com/technetwork/goto/epmcertmatrix Oracle Hyperion Enterprise Performance http://technewsonline.net/hyperion-financial/hyperion-financial-management-11-1-1-3-admin-guide.html

These applications are opened in Financial Management for data retrieval and data output. Ø Centralized repository of key dimensional elements for different products. Ø Centralized console for controlling data flow between These controls can be preventive or detective in nature. Account Dimension The Account dimension represents a hierarchy of natural accounts. It contains time periods and frequencies by displaying the time periods in a hierarchy. get redirected here

All members below a parent are referred to as descendants. This is a reserved dimension that is used in combination with the Account dimension and any custom dimension. You can use custom dimensions to store additional details associated with accounts, such as products, markets, channels, balance sheet movement, or types of elimination.

For example, the Salaries account member might be a base-level member whose value is calculated based on head count and salary rate. It communicates with the application tier. http://learnhyperion.wordpress.com THE POWER OF GOOD DIMENSIONALITY ©Business Intelligence Solution Providers learnhyperion.wordpress.com [email protected] 14 15. The Budget scenario can contain data that reflects the targeted business operations.

Consultant at Citi at Citi Oracle HFM Hyperion Financial Management Videos and Books Online Sharing $14 9GB http://www.dbmanagement.info/Tutorials/HFM.htm 5 months ago Reply Are you sure you want to Yes No Please try the request again. If your browser supports JavaScript, it provides settings that enable or disable JavaScript. Your cache administrator is webmaster.

It also contains Architect for managing metadata. Lock data After you receive the approval for the submitted data, you can lock the data to prevent further modifications. What is needed is a single version of the truth-one view of financial and operational results integrated from multiple systems - without delays. http://learnhyperion.wordpress.com Approve data After data is consolidated, you can submit the data for review and approval.

The data tier contains the relational databases for Financial Management metadata and source data. ©Business Intelligence Solution Providers learnhyperion.wordpress.com [email protected] 5 6. Please try the request again. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Continue to download.

Please try the request again. have a peek at these guys Your cache administrator is webmaster. Consolidation is the process of gathering data from descendants and aggregating the data to parent entities. All rights reserved.

The Forecast scenario typically contains data that corresponds to predictions for upcoming periods. http://learnhyperion.wordpress.com FINANCIAL CLOSING The financial close process is important to a company as it is the function directly related to producing company financial results for each period end. byEdgewater Ranzal 27221views HFM Business Rule Writing Tips and ... check over here Generated Thu, 24 Nov 2016 17:01:54 GMT by s_wx1196 (squid/3.5.20) ERROR The requested URL could not be retrieved The following error was encountered while trying to retrieve the URL: Connection

Data values from Total Revenues and Total Costs are then rolled up to their parent, Gross Margin. ©Business Intelligence Solution Providers learnhyperion.wordpress.com [email protected] 24 25. The elements that comprise a dimension are called members. In some cases, data for base-level members is calculated.

Dimensions describe your organization’s data.

  1. Embed Size (px) Start on Show related SlideShares at end WordPress Shortcode Link Oracle hfm beginner's guide part i 33,445 views Share Like Download Amit Sharma, CEO and Founder BISP
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  3. Parent entities contain one or more dependents that report directly to them.
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  5. It includes these features: • Process management for tight control of the review and approval process. • Data validation. • Currency translation to support multiple local currencies. • Automatic eliminations for
  6. In the illustration in the slide, the data values from the base-level members are rolled up to the parent-level members—Total Revenues and Total Costs.
  7. After loading or entering data into base level entities we run a consolidation for a selected scenario or period to aggregate data throughout the organization.

Except as expressly permitted in your license agreement or allowed by law, you may not use, copy, reproduce, translate, broadcast, modify, license, transmit, distribute, exhibit, perform, publish or display any part, All members below a parent are referred to as descendants. http://learnhyperion.wordpress.com Problem and Challenges Many finance executives face the daunting task of consolidating their company’s financial and operating results using spreadsheets that are difficult to maintain and audit. http://learnhyperion.wordpress.com Complex Organizational Consolidation • Multiple Transactional Currencies • Intercompany Transactions • Minority Interest • Maintaining Historical Representation of Data • Ability to handle Journals • Full Audit Trails – –

You can also run intercompany matching reports to view intercompany transactions. ©Business Intelligence Solution Providers learnhyperion.wordpress.com [email protected] 20 21. Create a clipboard You just clipped your first slide! You can use Financial Management to consolidate data from diverse general ledger systems and locations around the globe. ©Business Intelligence Solution Providers learnhyperion.wordpress.com [email protected] 9 10. this content You define attributes for Entity dimension members, such as the default currency and security class, and to specify whether the entity allows adjustments and stores intercompany detail.

Please try the request again. Why not share! Examples of dimensions are Account, Entity, and Period. http://learnhyperion.wordpress.com THE REPORT GENERATED Financial Management Dimensions Dimensions describe an organization’s data and usually contain groups of related members.

You follow a typical task flow for a monthly financial cycle.