Oracle Financial Consolidation Hub User Manual page 21

Issue Functionality
Incremental Incremental consolidation
consolidation processes areas impacted by
processing. changes.
Monitor Icons display up to the minute
consolidation in real status for all subsidiary and
time. consolidation points.
Compare and audit Store details for every
results. consolidation run and you can
audit this using drill-down reports.
Allow adjustments. Provides spreadsheet uploads for
consolidation and operating
adjustments.
Automate Intercompany rules automate both
intercompany intercompany and intracompany
eliminations. eliminations.
Automatically create You can automatically create
consolidation entries. entries using consolidation rules.
Perform currency Automatically performed any time
standardization. an entity's currency differs from
that of its parent.
Reconcile legal and Creates both results as part of a
management results. single consolidation.
Lock results. Locks results against changes at
any level.
Enforce security. Provides ability to secure
consolidation processing and
results by hierarchy.
Certify financial Certifies financial statements and
statements. business processes.
Reference
•
Submitting Consolidations, page 15-4
•
Process Status, page 15-2
•
Process History, page 15-4
•
Adjustments, page 16-5
•
Matching, page 10-1
•
Consolidation Rule Steps, page 9-2
•
Overview, page 12-1
•
Creating and Sharing Reports, page 19-11
•
Locking Results, page 15-4
•
Role-Based Security, page 21-1
•
Locking Results, page 15-4
•
Integrating with Internal Controls Manager,
page 22-1
The Oracle Financial Consolidation Hub Solution 2-3