Bug #5583
closedMastering OCI_RISE Course | Data Movement between OCI and EPM
0%
Description
Updated text: Through the integration of OCI and EPM systems, data exchange is facilitated to enable planners to view, report, and analyze information. This integration ensures a seamless transfer of data from OCI to the EPM FinPln and FinRpt cubes. By connecting these systems in a streamlined manner, consolidated income statement reports at the JLL level can be generated effectively. This integration serves as a single source of truth for data movement with downstream systems, such as PeopleSoft, ensuring accuracy and consistency throughout the process.
It is important to emphasize that capex and associated depreciation planning exclusively take place in EPM. Following this, the depreciation data is then transferred back to the respective income statement accounts in OCI. It should be noted that planners do not have the capability to edit or update these depreciation values, with the exception of LATAM business units.
Files
Updated by Pankajini Tandi 10 months ago
- Status changed from New to Resolved
Darshan S wrote:
Updated text: Through the integration of OCI and EPM systems, data exchange is facilitated to enable planners to view, report, and analyze information. This integration ensures a seamless transfer of data from OCI to the EPM FinPln and FinRpt cubes. By connecting these systems in a streamlined manner, consolidated income statement reports at the JLL level can be generated effectively. This integration serves as a single source of truth for data movement with downstream systems, such as PeopleSoft, ensuring accuracy and consistency throughout the process.
It is important to emphasize that capex and associated depreciation planning exclusively take place in EPM. Following this, the depreciation data is then transferred back to the respective income statement accounts in OCI. It should be noted that planners do not have the capability to edit or update these depreciation values, with the exception of LATAM business units.
Updated by Pankajini Tandi 10 months ago ยท Edited
- File clipboard-202409091634-vqrmu.png clipboard-202409091634-vqrmu.png added
- File clipboard-202409091635-dply9.png clipboard-202409091635-dply9.png added
- Status changed from Resolved to Re-opened
"It is important to emphasize that" text is not there in the course
Updated by Pankajini Tandi 10 months ago
- Assignee changed from Pankajini Tandi to Leena Krishnan
Darshan S wrote:
Updated text: Through the integration of OCI and EPM systems, data exchange is facilitated to enable planners to view, report, and analyze information. This integration ensures a seamless transfer of data from OCI to the EPM FinPln and FinRpt cubes. By connecting these systems in a streamlined manner, consolidated income statement reports at the JLL level can be generated effectively. This integration serves as a single source of truth for data movement with downstream systems, such as PeopleSoft, ensuring accuracy and consistency throughout the process.
It is important to emphasize that capex and associated depreciation planning exclusively take place in EPM. Following this, the depreciation data is then transferred back to the respective income statement accounts in OCI. It should be noted that planners do not have the capability to edit or update these depreciation values, with the exception of LATAM business units.
Updated by Leena Krishnan 10 months ago
This is intentional. I have discussed this with the client. I am updating my reply to the client accordingly.
Updated by Leena Krishnan 10 months ago
- Status changed from Re-opened to Resolved
- Assignee changed from Leena Krishnan to Darshan S
This is post discussion with the client. I have updated my reply to the client's comment.
Updated by Pankajini Tandi 10 months ago
- Status changed from Resolved to Closed
Darshan S wrote:
Updated text: Through the integration of OCI and EPM systems, data exchange is facilitated to enable planners to view, report, and analyze information. This integration ensures a seamless transfer of data from OCI to the EPM FinPln and FinRpt cubes. By connecting these systems in a streamlined manner, consolidated income statement reports at the JLL level can be generated effectively. This integration serves as a single source of truth for data movement with downstream systems, such as PeopleSoft, ensuring accuracy and consistency throughout the process.
It is important to emphasize that capex and associated depreciation planning exclusively take place in EPM. Following this, the depreciation data is then transferred back to the respective income statement accounts in OCI. It should be noted that planners do not have the capability to edit or update these depreciation values, with the exception of LATAM business units.