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Description

Session ID: 11092

Abstract: Financial rounding and footing is a common request from clients during the implementation of Hyperion Financial Management. Typically, any rounding and scaling is accomplished in Financial Reporting Studio on the underlying data. We offer an automated approach to financial rounding that will offer both vertical (sub accounts foot to the parent of those accounts) and horizontal (child entities add up and foot to their rounded parent entity) rounding and footing. This approach will reduce the amount of manual work that needs to be done by Financial Reporting

Objective 1: Propose a solution to financial rounding that will offer both vertical (sub accounts foot to the parent of those accounts) and horizontal (child entities add up and foot to their rounded parent entity) rounding and footing.

Objective 2: Convert and Apply HFM on premise Rounding rules to FCCS

Objective 3: Tally your reports horizontally and vertically

Audience: Financial or Internal Control Manager

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