Administering Cloud EPM: The Platform Beneath the Business Processes · Module 1 · The Cloud EPM and EDM Landscape
The close and consolidation family
Lesson 7 of 201 · 2 min
Financial Consolidation and Close. Consolidation and reporting with predefined dimensions, currency translation and FX adjustment, automated cash flow, close calendar task management, supplemental schedules and enterprise journals. Account Reconciliation, and it has two modules worth naming separately. Reconciliation Compliance manages the process — mapping balances to reconciliations, due dates, notifications. Transaction Matching automates high-volume matching and feeds the results into compliance tracking. Tax Reporting. Current and deferred tax at national and regional level, unified with the financial close — tax automation, provision calculation, return-to-accrual, country-by-country reporting. The platform implications. These carry the heaviest workflow and notification load, which is what makes email configuration in the operations module non-trivial rather than a checkbox. Account Reconciliation has its own metrics section in the activity report. Task Manager and Supplemental Data extensions apply here. And Account Reconciliation is the one business process that does not use Smart View as its primary client. And…
The full lesson is part of the course
The video, the complete written lesson and the module quiz are included in Administering Cloud EPM: The Platform Beneath the Business Processes, with a certificate on completion and a fourteen-day refund window.
In this module: Module 1 · The Cloud EPM and EDM Landscape
- 1A suite, not a productFree preview
- 2The planning family
- 3The close and consolidation family
- 4The analysis and reporting family
- 5Enterprise Data Management and Cloud EDM
- 6The platform underneathFree preview
- 7Navigating an environment
- 8Where the Center of Excellence fits
- 9Lab: name the suite, scope three clients, draw the platform