User's Manual

5-8 Oracle Financial Consolidation Hub User's Guide
Data Sets Attributes
Dataset Update Flag Yes
Dataset Production Flag Yes
Dataset System Code <User specified>
Note: You can only create one data type per Dataset Budget Type ID.
Note: You cannot create additional data types for Actual balances.
Additionally, set the following three parameters for data types:
• Enforce Balancing - When you perform consolidation on this data type, the
application uses suspense handling to enforce balancing.
• Apply Elimination Rules - When you perform consolidation on this data type, the
application performs intercompany eliminations.
• Apply Consolidation Rules - When you perform consolidation on this data type, the
application applies consolidation rules.
Task 4: Value Sets
Task 4 is only necessary if you need to define additional value sets in Enterprise
Performance Foundation. For Task 4, you can do the following:
• Create value sets for dimensions
• Search for and view any existing value sets
A value set is a list of dimension members that belong to a particular dimension. Value
Sets are used to separate dimension members into meaningful sets. For example, a
company may perform accounting according to local and corporate standards. It can
create a value set for each, such that natural account 1110 may correspond to Cash in
the local value set, whereas it corresponds to Accounts Receivable in the corporate
value set.
Financial Consolidation Hub offers a default value set for each dimension. Additionally,
if you use Oracle General Ledger, all the value sets associated with your chart of
accounts structures will automatically be synchronized with Enterprise Performance
Foundation. Therefore, you only need to create additional value sets in Enterprise
Performance Foundation if you are loading data from third party financial systems that