Hyperion Financial Management


Hyperion Financial Management

Overview:
Hyperion Financial Management (HFM) is the centralized, scalable, financial management and reporting solution. HFM users can unify their financial information (actuals, budgets, forecasts, and statistics) in a single Web-based application. It best suits for the financial managers the ability to rapidly consolidate and report financial results, meet global regulatory requirements, reduction of the cost of compliance and deliver confidence in the numbers.
Training Objectives of Hyperion HFM:
Oracle Hyperion Financial Management (HFM) is the powerful consolidation tool. At the core is a well-designed relational database that provides a foundation for many features. Its main feature is web interface allows for faster rollout and adoption between the web interface and the database is an application layer. This application layer activates the tool to scale as a Organization grows and evolves. You will learn to enter and process journals and inter-company data, calculate, and consolidate data, deploy rules, manage the review and approval process of financial data, and apply security system to Financial Management data.
Target Students / Prerequisites:
Students must have basic knowledge on Excel or Lotus 1-2-3 skills, Basic accounting concepts and Microsoft Windows skills are required.
1.Introduction to Financial Management
About Enterprise Performance Management
2.HFM Basics
Dimensions
Define Application Profile
Create application
3.Loading Metadata from a File
About Metadata Load Files
Loading Metadata
Manage Metadata
Prepare own Metadata
4.Configuring Accounts and Custom Dimensions
About Accounts and Custom Dimensions
Setting Up Account Types and Hierarchies
Setting Up Accounts and Custom Dimensions
Intercompany Account and Other Account Properties
5.Setting Up Entities, Calendars, and Scenarios
Setting up Entities
Setting Up Calendars
Setting Up Scenarios
6.Loading Data
Loading Data Files
Extracting Data
Copying and Removing Data
7.Creating Tasklist and Data Forms
About Data Forms
Accessing the Form Builder
Defining the Point of View
Defining Columns and Rows
Setting Row and Column Options
Exporting Data to Spreadsheets
8.Entering Data Using Data Grids
About Data Grids and Accessing Data Grids
Changing the Grid Layout and Display
Selecting Members for Dimensions
Selecting Members
Saving Grid Settings
Entering Data and Filling Multiple Cells
Spreading and Calculating Data
Adding Cell Text and Line-Item Detail
9.Creating Member Lists in Financial Management
About Member Lists
System and User-Defined Member Lists
Creating Member Lists
Identifying Member Lists in a File
Creating Static Member Lists
Creating Dynamic Member Lists for the Entity Dimension and Other Dimensions
Loading and Extracting Member Lists
10.Entering Intercompany Data
About Intercompany Transactions
Intercompany Account Balances
Elimination Process
Plug Accounts
Intercompany Eliminations and the Value Dimension
Setting Up Entities and Accounts for Intercompany Data
Creating and Running Intercompany Matching Reports
11.Adjusting Data with Journals
About Journals and Journal Benefits and Adjusting Data
Journals Review Process and the Value Dimension
Multiple Journal Postings, Accessing Journals and Opening Periods for Journal Entry
Creating Journal Templates and Journal Balance Types
Creating Journals and Entering Journal Data
Creating, Previewing, Running and Viewing Adjustments with the Entity Details Report
Setting Journal Report Properties and Selecting Columns and Filters
Saving Journal Reports Locally and Remotely
12.Running Consolidations and process management
Consolidation Process and Percentages
Entering Consolidation Information Using Ownership Management
Running Consolidations
Checking Consolidation Status
Data Translation
Entering Exchange Rates
13.Analyzing Data Using Smart View
About Smart View
Smart View Installation and Components
Connecting to a Data Source
Entering Data with Web Data Forms
Functions in Smart View
14.Rule
About Rules and Rules Syntax
Rule Types and Rules Files
Objects and Functions in Rules
Assigning Values to Accounts
Account Expressions
Setting Values for Multiple Accounts
Subcubes, Data Retrieval, and Rules
Loading and Extracting Rules