Thursday, January 30, 2025

What is new in Oracle Hyperion 11.2.20 - Released Jan 2025

 Oracle recently released 11.2.20 which includes the following new features

  • Java 8 Update 431.
  • WebLogic Patch Set Update 12.2.1.4.241008
  •  Application Data Framework (ADF) Bundle Patch 12.2.1.4.240905
  •  Oracle HTTP Server (OHS) 19c Bundle Patch 12.2.1.4.240906
  • There are no Oracle Data Integrator (ODI) Patches in Release 11.2.20
  • Support for Keyboard Shortcut Keys in Oracle Enterprise Performance Management System Taskflow.
  •  Support for Special Characters in Service Account Password.
  •  WebLogic Administrator Password Change.
  • The dependency on Microsoft Visual C++ 2010 has been removed.
    • – Starting with Release 11.2.17,Oracle Enterprise Performance Management System will no longer install Visual C++ 2010.
    • – Oracle Enterprise Performance Management System will function correctly
      with or without Visual C++ 2010.
    • – If Visual C++ 2010 is already installed, it will not be uninstalled automatically.
Supported Platforms

Information about system requirements, browser support, supported languages and supported platforms for Oracle Enterprise Performance Management System products is available in spreadsheet format in the Oracle Enterprise Performance Management System Certification Matrix. This matrix is posted on the Supported Platforms Matrices page on Oracle Technology Network (OTN):

Oracle Enterprise Performance Management System - Certification Matrix.

Supported Paths

Oracle recommends that you apply the set of Oracle Enterprise Performance Management System Release 11.2.20 product Opatches together, using the ApplyUpdate script. If you are updating from an earlier release, you must first update to Release 11.2.15.

  • EPM System updates are released on a quarterly basis, generally in January, April, July, and October.
  • Updates include changes for all embedded components, such as WebLogic and Java, as needed.
  • Updates are applied in place.
  • Any customer patches that were released are rolled into the next update.
  • Updates are expected to be easy to apply and have minimum impact for you to absorb.

Monday, January 27, 2025

Oracle TRCS Tax Reporting Cloud Service

- TRCS leverages EDM Enterprise Data Management and existing entities setup in TRCS for tax provision purposes with the ability to tag “in-scope” entities of the GloBE rules with “Pillar two entity” attribute and appropriate jurisdiction.

- TRCS automates the income or loss calculation via the trial balance integration with Financial Close Consolidation (FCC). 

- SmartView can also be used to pull worldwide data from FCC and push worldwide data to TRCS. Additionally, data can be shared between Multi-GAAP and/or Scenario dimensions

- TRCS leverages the temporary differences from tax provision calculation and has the ability to produce jurisdiction level current and deferred tax plus global minimum tax

- TRCS has the ability to perform transitional safe harbor tests by leveraging appropriate CbCR and financial accounting data. 

- Only one of the three tests is required to pass safe harbors (the de minimus test, the Simplified ETR test, and the routine profits test)

- Appropriate tax is calculated at the tax paying entity level


In general, TRCS can automate up to 80% or more calculation which is supported by process documentation and system testing and validation




Friday, January 3, 2025

Oracle SmartView for Google Workspace and Required Settings

Oracle Smart View for Google Workspace

You can now view and analyze data from Cloud EPM business processes in Google Sheets with the new Oracle Smart View for Google Workspace.

Applies to: Enterprise Profitability and Cost Management, Financial Consolidation and Close, FreeForm, Planning, Tax Reporting

Oracle Smart View for Google Workspace enables users of Google Workspace to access Cloud EPM data, work on forms, and perform ad hoc analysis from Google Sheets. You can view, import, manipulate, distribute, and share data in Google Sheets using Smart View.

Oracle Smart View for Google Workspace supports the following Cloud EPM data source providers:

  • Enterprise Profitability and Cost Management
  • Financial Consolidation and Close
  • FreeForm
  • Planning
  • Tax Reporting

Key features include:

  • Form operations such as Open and Refresh Forms, Submit Data from Forms, Copy Versions, and Instructions
  • Ad hoc analysis operations such as Zoom, Pivot, Keep/Remove Only, Insert Attribute, and Save Ad Hoc Grids
  • Multiple Connections in the Same Sheet
  • Multiple Grid Ad Hoc Sheets
  • Smart View Options and Cell Styles
  • Member Selection, Cell Actions, and Supporting Details
  • Drill Through in Web Browser only
  • Adjust, Grid Spread, and Mass Allocate
  • User Variables and Preferences
  • Flex Forms, Business Rules, and Member Formulas
  • Task Lists, Approvals, and Job Console
  • Functions: HsGetValue, HsSetValue, HsAlias, and HsGetSheetInfo
  • Free-Form Mode
  • Favorites and Actions Menu

NOTE: At this time, Oracle Smart View for Google Workspace only supports Google Sheets. Google Docs and Google Slides are not yet supported.

Business Benefit: Users who use Google Workspace for their daily business activities can now use Smart View features to view and analyze Cloud EPM data in Google Sheets.

Steps to Enable

The Oracle Smart View add-on extension is available on the Google Workspace Marketplace. Users can install and use this add-on in Google Sheets using the Google Workspace accounts provisioned for them by their organization.

To take advantage of the Smart View functionality in Google Sheets, you need Cloud EPM 25.01 or later. Service Administrators must enable support for Google Sheets in the application settings of their respective Cloud EPM business processes.

To enable the Smart View add-on extension for Google Sheets:

  1. Open the web application for your business process.
  2. Click Applications, and then click Settings.
  3. In the Smart View Add-on section, select the Google Sheets check box.
  4. Click Save.