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Oracle FCCS Certification Training

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Reviews 4.9 (4.6k+)

Rated 4.7 out of 5

Learners : 1080

Duration : 25 Days

About Course

Course Overview

This course provides a comprehensive understanding of Oracle FCCS (Financial Consolidation and Close Cloud Service) . It focuses on automating financial consolidation, reporting, and close processes using Oracle’s cloud-based EPM solution. Learners gain hands-on experience in configuration, data integration, and financial reporting.

Key Features

In-depth coverage of Oracle FCCS modules and consolidation concepts.
Real-time project scenarios and practical exercises.
Expert-led online training with access to cloud environments.
Focus on automation, currency translation, and intercompany eliminations.
Step-by-step guidance on reporting and close management.

Course Outcomes

Configure and manage Oracle ARCS applications.
Automate consolidation and financial close processes.
Perform intercompany eliminations and currency translations.
Create financial reports and dashboards.
Gain expertise to support real-time Oracle FCCS implementations.

Oracle FCCS Training Course Syllabus

Introduction to Oracle EPM Cloud and Oracle FCCS

Overview of Oracle EPM Cloud suite
Introduction to Oracle FCCS
Key benefits and architecture of Oracle FCCS
Understanding financial close and consolidation processes

FCCS Application Setup

Creating and configuring FCCS applications
Understanding dimensions and metadata
Setting up entities, accounts, scenarios, and currencies
Security roles and access management

Consolidation and Data Management

Data loading and validation methods
Intercompany eliminations and ownership management
Currency translation and consolidation rules
Data mapping and integration with external systems

Business Rules and Calculations

Overview of calculation manager
Creating and managing consolidation rules
Managing journal adjustments and overrides
Configuring system calculations and translations

Task and Close Management

Setting up task lists and close templates
Workflow and approval management
Automating close processes
Monitoring close status and managing approvals

Reporting and Analysis

Creating financial reports and dashboards
Using SmartView for ad hoc analysis
Customizing reports with financial data quality
Building reports for management and audit requirements

Administration and Maintenance

Lifecycle management and application migration
Managing backups and snapshots
Performance monitoring and troubleshooting
Managing updates and version control

Oracle FCCS Course Key Features

Live Instructor based training with software
Certification Oriented content
Hands-on complete Realtime training
Flexible schedule demo's & classes
Live recorded videos access
Study material provided
JOB Assistance

Course completion certificate

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Oracle FCCS Online Training FAQ'S

What is Oracle FCCS, and how does it differ from on-premises HFM?

Oracle Financial Consolidation and Close Cloud Service (FCCS) is a cloud-based solution for automating financial consolidation and close processes. Unlike HFM (Hyperion Financial Management), FCCS offers prebuilt consolidation features, automatic updates, built-in best practices, and seamless integration with other Oracle EPM Cloud services without requiring on-premises infrastructure.

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What are the key dimensions in an FCCS application?

FCCS includes predefined dimensions such as Entity, Account, Consolidation, Scenario, Year, Period, Currency, and Movement. These dimensions are essential for performing consolidation, currency translation, and reporting across entities and time periods.

How does FCCS handle intercompany eliminations?

FCCS automates intercompany eliminations using the Intercompany dimension. When transactions between entities are loaded, FCCS automatically matches and eliminates intercompany balances based on the ownership structure and predefined consolidation rules.

What is the purpose of the Close Manager in FCCS?

Close Manager is used to streamline and monitor the financial close process. It allows users to define close tasks, assign responsibilities, set due dates, automate task execution, and track progress to ensure timely completion of financial close activities.

How is currency translation managed in FCCS?

FCCS performs automatic currency translation using exchange rates defined in the system. It converts local currency balances into reporting currency during consolidation based on predefined rules and translation methods configured for each account type.

Reviews

    
 
 
         
   Tharak 
 
 
 
 Trustindex verifies that the original source of the review is Google. Excellent Experience. I would Recommend others to Join this course Oracle OTM & GTM.
  
 
        
   S I V A ROCK 
 
 
 
 Trustindex verifies that the original source of the review is Google. I recently completed the Oracle 19c DBA course at VISWA Online Trainings, and it was an excellent learning experience. The trainer explained every topic clearly with real-time examples and practical sessions. The hands-on labs helped me gain confidence in database administration. I highly recommend this course to anyone who wants to build a career as an Oracle DBA.
  
 
        
   Nikil 
 
 
 
 Trustindex verifies that the original source of the review is Google. The course was very well structured. I have taken Weblogic Admin Training. My learning journey was excellent at VISWA Online Trainings!
  
 
        
   Monica Benny 
 
 
 
 Trustindex verifies that the original source of the review is Google. I recently completed the Oracle Analytics Cloud (OAC) and Fusion Data Intelligence (FDI) training program with Viswa Training, and it has been an exceptional learning experience from start to finish. The entire journey was well-supported. Chaithanya was extremely responsive, ensuring seamless coordination and assistance throughout the learning process. The instructor brought a high level of expertise and depth to the classroom. Their extensive knowledge of the subject matter made complex analytical concepts easy to grasp and highly applicable to real-world scenarios. Thanks to this structured curriculum and expert instruction, I now have a robust, comprehensive understanding of Oracle Analytics Cloud technology. Highly recommended for anyone looking to upskill in enterprise analytics!
  
 
        
   Manoj 
 
 
 
 Trustindex verifies that the original source of the review is Google. Oracle FDI Training.... Very good instructor. The instructor is well experienced and has clarity about the topics. He is very welcoming about new topics and suggestions. Also, Chaitanya/Viswa trainings is very accommodating about our availability. I would recommend Mahesh as FDI instructor and Viswa institute for professional trainings.
  
 
        
   A Ravi 
 
 
 
 Trustindex verifies that the original source of the review is Google. Good training with knowledgeable instructors and well-organized content. I would appreciate more practical sessions and assignments. Overall, a great learning experience.
  
 
        
   Venkat Nune 
 
 
 
 Trustindex verifies that the original source of the review is Google. Excellent teaching here, Administrative also very Good
  
 
        
   Nandini Pillipaka 
 
 
 
 Trustindex verifies that the original source of the review is Google. I got a job, just wanted to take a moment to thank you for the great training sessions you've provided. Your expertise and knowledge of the subject matter has been invaluable in helping me to understand and apply what I've learned. I got a good package.☺️ Thank you very much for a great training session. The program was enjoyable, and I learned a lot from it. You're the best trainer that I've ever worked with. Thank you Thank you so much aditya sir 🙏☺️☺️ I cleared my certification . Thank you so much from your wonderful supporting.
  
 
        
   krishna reddy 
 
 
 
 Trustindex verifies that the original source of the review is Google. Thanks to the knowledgable & approachable trainers of Viswa Technologies, the course helped me get promoted to Data Analyst from Quality Analyst with a 50% hike in salary!

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