Submitting Consolidations - Oracle Financial Consolidation Hub User Manual

• In the Data Preparation category, you can view which dimension members of an
operating entity have not been mapped to the consolidation chart of accounts.
See: Value Set Map Validation Report, page 18-6
• Useful error messages if the category results in an error.
Viewing Results
After the consolidation process completes, you can review the results at each level of
the consolidation hierarchy by clicking the appropriate View Results icon. This opens
the Consolidation Trial Balance report in Excel or Acrobat format which shows the
results for each child at that level, the elimination results, and the consolidated totals, all
broken out by line item. More flexible reporting capabilities are offered through
Financial Consolidation Hub's analytical reporting, but this is offered as a quick way to
spot-check results.
See: Consolidation Trial Balance Report , page 18-1
Locking Results
If the consolidation process completes with no warnings or errors, then the results may
be locked. This prevents any re-runs of the consolidation. If you need to reconsolidate
locked results, you must unlock them first. Unlocking results is a function that can be
secured to a select group of users.
Process History
Consolidation is typically an iterative process. You can run consolidations every day or
multiple times per day during the month-end close. Within the Consolidation Monitor,
you can access the results of all previous consolidations.

Submitting Consolidations

Consolidations can be submitted in two ways: using the Consolidation Monitor or by
submitting a concurrent request.
Before submitting a consolidation, you can select one of two consolidation execution
modes: Full or Incremental. For the first run in a period, you can only run in Full mode.
For subsequent runs within a period, this option determines whether to reconsolidate
the entire hierarchy, or only those parts of the hierarchy that have changed since the last
run.
See: Impacted Status, page 15-2
15-4 Oracle Financial Consolidation Hub User's Guide
Note:
If you change intercompany or consolidation rules between runs,