What's New

June 2024 Update

Revision History

This document will continue to evolve as existing sections change and new information is added. All updates appear in the following table:

Overview

HAVE AN IDEA?

We’re here and we’re listening. If you have a suggestion on how to make our cloud services even better then go ahead and tell us. There are several ways to submit your ideas, for example, through the Ideas Lab on Oracle Customer Connect. Wherever you see this icon after the feature name it means we delivered one of your ideas.

GIVE US FEEDBACK

We welcome your comments and suggestions to improve the content. Please send us your feedback at oracle_fusion_applications_help_ww_grp@oracle.com.

DISCLAIMER

The information contained in this document may include statements about Oracle’s product development plans. Many factors can materially affect Oracle’s product development plans and the nature and timing of future product releases. Accordingly, this Information is provided to you solely for information only, is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described remains at the sole discretion of Oracle.

This information may not be incorporated into any contractual agreement with Oracle or its subsidiaries or affiliates. Oracle specifically disclaims any liability with respect to this information. Refer to the Legal Notices and Terms of Use for further information.

Feature Summary

Account Reconciliation (NSAR)

Monthly Update Schedule

Test Environments: Oracle will apply this monthly update during the first daily maintenance that occurs at or after 22:00 UTC on Friday, June 7, 2024.

Production Environments: Oracle will apply this monthly update during the first daily maintenance that occurs at or after 22:00 UTC on Friday, June 21, 2024.

NOTE: The monthly update will not be applied to any environment for which this monthly update is requested to be skipped using the EPM Automate skipUpdate command or service request to Oracle. The monthly update will also not be applied to any environment on a one-off patch where the fix for the underlying issue is not in this monthly update.

NOTE: Backing up the daily maintenance snapshot and restoring the environment as needed are self-service operations. Oracle strongly recommends that you download the maintenance snapshot every day to a local server.

The Oracle Help Center provides access to updated documentation. The updates will be available in the Help Center on Friday, June 7, 2024.

NOTE: Some of the links to new feature documentation included in this readiness document will not work until after the Oracle Help Center update is complete.

Helpful Information

Documentation Updates Available One Week After Readiness Documents

Updated documentation is published on the Oracle Help Center on the first Friday of each month, coinciding with the monthly updates to Test environments. Because there is a one week lag between the publishing of the readiness documents (What's New and New Feature Summary) and Oracle Help Center updates, some links included in the readiness documents will not work until the Oracle Help Center update is complete.

https://docs.oracle.com/en/cloud/saas/epm-cloud/index.html

Fixed Issues and Considerations for EPM Cloud Platform

Software issues addressed each month and considerations are posted to a knowledge article on My Oracle Support. Click here to review. You must have a My Oracle Support login to access the article.

NOTE: Fixed issues for EPM Cloud Platform components (Smart View for Office, EPM Automate, REST API, Migration, Access Control, Data Management/Data Integration, Reports, Financial Reporting, and Calculation Manager) are available in a separate document on the My Oracle Support “Release Highlights” page.

This provides visibility into EPM Cloud release contents.

Business Benefit: These resources can help you optimize your EPM implementation and user experience by providing valuable information and user assistance.

EPM Cloud Platform

Oracle Cloud Infrastructure

Oracle-Managed OCI Migration for Classic UK Government Environments

One of Oracle's latest advancements, Oracle Cloud Infrastructure (OCI) is the foundation of Oracle's second-generation cloud. OCI, a purpose-built, best-in-class platform for running enterprise applications, is engineered from the ground up to run mission-critical databases, workloads, and applications while providing end-to-end security. Oracle's data centers around the globe are standardizing on the new OCI architecture which will deliver even greater performance and reliability. There are a lot of EPM Cloud features that are available only in OCI. See Features Available only in OCI EPM Cloud Environments in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators.

Oracle has already sent, in the beginning of April 2024, notifications about the upcoming migration. Please follow the instructions in the notification. Your OCI environments will be available in May 2024. When you receive the OCI environments, complete the optional activities documented at Oracle-Managed Migration before July 2024. 

In July 2024, while applying the monthly update 24.07 during the daily maintenance window, Oracle will automatically clone your OCI environments from Classic environments, change the DNS configuration so that the existing Classic service URLs are routed to the OCI environments, and terminate Classic environments. Cloning of test environments will be done on the first Friday of July 2024. Cloning of production environments will take place on the third Friday of July 2024.

Business Benefit: OCI provides you a purpose-built, best-in-class platform that is engineered from the ground up to run mission-critical databases, workloads, and business processes while providing end-to-end security. This new architecture delivers greater performance and reliability, and a number of EPM Cloud features that are not available in Classic EPM Cloud.

Steps to Enable

You don't need to do anything to enable this feature.

Key Resources

• Features Available only in OCI EPM Cloud Environments in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators

• Oracle-Managed Migration in Oracle Enterprise Performance Management Cloud Operations Guide

60-Day Retention for Backups from OCI (Gen 2) Test Environments

The daily backups of OCI (Gen 2) test environments are now retained for an extended period of 60 days. Previously, the backups of production environments were retained for 60 days while those of test environments were retained for 30 days only.

Business Benefit: Extended retention of backups of OCI (Gen 2) test environments addresses the customer's audit and security requirements.

Key Resources

• Backup Data Residency and Retention on OCI (Gen 2) in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators

Security & Access

Information on Setting Multiple Password Policies

To satisfy the requirement for distinct password restrictions across different users, groups, and roles, you have the option to create multiple password policies and assign them to various IDCS groups. Users belonging to a specific IDCS group adhere to the password policy designated for that group. This information is now available in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators.

Business Benefit: By implementing custom password policies across user roles and group memberships, customers can enforce stringent security protocols and operational efficiency.

Key Resources

• See Setting Password Policies in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators

Rest APIs

New Role Assignment Report for Users (v2) REST API

A new Role Assignment Report for Users (v2) REST API is available that generates a Role Assignment Report of users in the environment. The report lists the roles assigned to users. It identifies the user's login name, first name, last name, email address and assigned roles. The report can be created for a specific user or a role or a combination of users and roles. The report includes:

• Predefined roles (such as Service Administrator)
• Application roles (such as Approvals - Assign Ownership, Approvals - Supervise, Approvals - Administer, and Approvals - Design Process)

Business Benefit: As opposed to the v1 version of the Role Assignment Report REST API, this API is synchronous and returns the report content in the response. It also lets you filter the report for a particular user or group.

Steps to Enable

Review the REST service definition in the REST API guides to leverage (available from the Oracle Help Center > your apps service area of interest > APIs & Schema). If you are new to Oracle's REST services you may want to begin with the Quick Start section.

Tips And Considerations

Use these Implementation Best Practices to ensure success with your REST API projects.

Key Resources

• Role Assignment Report for Users (v2) in REST API for Oracle Enterprise Performance Management Cloud

Access Requirements

• Service Administrator or Access Control Manager

Accessibility

Accessibility Keys for EPM Cloud Platform Tasks

The non-standard access keys for navigating the Member Selector dialog box of the Edit Member Properties page in Forms 2.0 and Dashboard 2.0 are now documented in the Oracle Enterprise Performance Management Cloud Accessibility Guide.

Business Benefit: The non-standard accessibility options aid in efficient navigation of EPM Cloud environment, business processes, and common platform components. This ensures inclusivity and compliance with accessibility standards, enhancing user experience and facilitating seamless interaction with the platform for all users.

Key Resources

• See Access Keys for EPM Cloud Platform Tasks in Oracle Enterprise Performance Management Cloud Accessibility Guide

User Interface

Ability to Add a Custom Logo for Redwood Experience Themes

You can now update Redwood Experience themes (Oracle, Custom Dark, and Custom Light) with a custom logo.

To add a custom logo, click Tools, click Appearance, and then select Enable Redwood Experience (if it's not already selected). To replace the default Oracle logo with your own logo image, select Upload File to choose a locally stored custom image file, or select Provide URL to choose a custom image URL.

Business Benefit: This enhancement enables you to further customize your environment while using the Redwood Experience.

Key Resources

• Configuring EPM Cloud Appearance in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators

Account Reconciliation

New Bank Statement Verification Option for Account Reconciliation BAI Statement Balances

Account Reconciliation customers can now verify that the correct bank statement is being loaded using the Bank Statement Verification feature in Data integration. When enabled, the system compares the current period expected ending balance to the ending balance provided in the BAI file being loaded.

To calculate the current period expected ending balance, the system adds the net total of the current day transactions to the previous period ending balance for the Account ID.  If a difference is detected or any error is encountered, the transactions remain in the Workbench; however, they are not exported to transaction matching.

Business Benefit:  Bank Statement Verification enables you to identify:

• duplicate transactions and duplicate data loads
• missing balances or transactions
• statements loaded in the incorrect order (that is, non-chronological order)
• incorrect currency codes

Key Resources

• Verifying BAI Bank Statement Balances in Administering Data Integration for Oracle Enterprise Performance Management Cloud

IMPORTANT Actions and Considerations

One-Week Lag Between Readiness Documents Live and Help Center Live

Because Oracle readiness documents (What's New and New Feature Summary) are live one week before the monthly update is applied to Test environments, some links to documentation included in the readiness documents will not work until after the Oracle Help Center update is complete when the monthly update is applied to Test environments.

This update includes Important Actions and Considerations for:

• EPM Cloud Platform
• Account Reconciliation

EPM CLOUD PLATFORM

Install the Newest Version of EPM Automate

Oracle strongly recommends that you install and use the latest version of EPM Automate. The best practice is to update EPM Automate every month so that you get to take advantage of the latest new features, bug fixes, and stability, security, and reliability improvements.

• Installing EPM Automate
• Upgrading EPM Automate

Upgrade to the Redwood Experience and the Removal of Non-Redwood Themes

In the July update (24.07) of EPM Cloud, Oracle will automatically update all EPM Cloud environments that use a non-Redwood theme to the Redwood Experience. As a result, themes outside of the Redwood Experience will no longer be supported.

Customers who are currently using non-Redwood themes are encouraged to switch to the Redwood Experience as soon as possible to take advantage of its numerous features, including compact navigation and theme background choices with support for custom logos and background. Oracle recommends that you use a maximum Windows display scale setting of 125% when using the Redwood Experience.

For more information on the Redwood Experience, see these information sources in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators:

• About Redwood Experience
• Configuring EPM Cloud Appearance

NOTE: Non-Redwood themes will no longer be supported starting with the June (24.06) release of Enterprise Data Management only.

Allow access to static.oracle.com

Customers are reminded to allow access to static.oracle.com. For the Oracle Redwood Experience to work, Customers must allow access to static.oracle.com, which provides image files, JavaScript, and other static content.

See About Redwood Experience in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators.

Announcement: Data Management Feature Migration to Data Integration

The user interface pages listed in the table below are no longer available in Data Management, but are available in Data Integration. Data Integration is available from the Data Exchange card from the home screen in the Cloud EPM Business Process, and users can access these features in the current Cloud EPM update. Data Management is not going away – we are only moving a few features now that have 100% parity with Data Integration. Profitability and Cost Management customers are not affected by the migration and do not see a change in their Data Management user interface. REST APIs are not impacted by this change.

Data Integration is the next generation of the Data Management user interface, enabling users to easily build and manage Cloud EPM integrations. As feature parity between Data Integration and Data Management becomes complete, Data Management features will be turned off, and users will use the new Data Integration user interface instead.

This transition is gradual; future What's New documents will include information about the first set of planned changes as well as updates about additional changes planned for the future.

All Data Integration features discussed in this document are currently generally available in the Cloud EPM business processes.

Integration definitions built with Data Management are also visible in Data Integration, which enables an easy transition. (Data Integration is a new user interface on the Data Management data model and does not require migration of content from Data Management to Data Integration).

Please note that additional new integration features will only be included in Data Integration, and will not be back-ported to Data Management. Critical bug fixes and security fixes will still be made to Data Management until all features are fully migrated. In addition, all features from Data Management will be migrated to Data Integration with the exception of the following:

• The batch feature will be replaced by the new Pipeline feature. The Pipeline feature was available in the June (23.06) update.

• The Report Definition feature will not be migrated, only the Report Execution feature. Please note that Account Reconciliation, Financial Consolidation and Close, Planning and Tax Reporting provide a feature to report against the Data Integration relational tables using a custom SQL and a BI Publisher report template via Task Manager.

• The ability to create new Custom Applications in Data Management will no longer available, and customers should use the “Data Export to File” application type instead. (Existing integrations using a custom application will not be impacted.) See Custom Application in Data Management under EPM Cloud Platform in the Important Actions and Considerations section of this document.

For reference, please see the Data Integration guide available from the documentation library for your specific EPM business process. Select the desired business process, then Books, and then scroll down to the Administering Data Integration for Oracle Enterprise Performance Management Cloud documentation link.

See Administering Data Integration for Oracle Enterprise Performance Management Cloud for more information.

Removal of Support for Custom Application in Data Management

Since the September (23.09) update, custom target applications can no longer be added in Data Management. (Existing integrations that use a custom target application will not be impacted, and will still run without any changes.) This type of application was used to extract data from the EPM Cloud, and then the data was pushed into a flat file instead of being loaded to an EPM Cloud application. The custom application was superseded by the Data Export to File feature in an earlier update. The Data Export to File feature has enhanced functions and capabilities.

If you still have a custom target application, it is recommended that you use the Upgrade Custom Applications option to migrate your existing custom target application to a data export to file application. For more information, see Upgrade Custom Applications at: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/erpia/upgrade_custom_applications_100x438d5119.html.

The migration converts existing file formats from the custom target application to the file formats used in the data export to file option and retains all the existing setup. When the custom target application has been converted, you can run same integration as before. Data export file applications are available both in Data Management and Data Integration.

Oracle Financial Reporting Statement of Direction

Please refer to the Statement of Direction for Oracle Financial Reporting:

Oracle Support Document 2910806.1 (EPM Cloud Financial Reporting Statement of Direction)

Please note that the Oracle Financial Reporting tentative deprecation dates have been moved to mid-to-late CY24.

For more information:

• See Appendix B in the Designing with Reports Guide: Migrating Reports from Financial Reporting.

• On June 8, the most recent Oracle Cloud Customer Connect event, Migrating Your Financial Reporting to Reports, was presented. There is a presentation, an event recording, and an FAQ sheet accessible. In order to view the event recording and documentation, you must log in to Cloud Customer Connect.

ACCOUNT RECONCILIATION

Change to Matched By Attribute Value for Auto Matched Transactions

Currently when transactions Auto Match, the value inserted into the "Matched By" attribute is defaulted to "TM_SYSTEM"; however, in a future update the attribute will instead display the user name of the user who runs the Auto Match. Due to this change, customers will need to use other attributes of "Rule Type" and "Rule Name" to determine if a transaction was Auto Matched or Manually Matched. There will also be 3 new attributes added for Last Updated By, Last Update On, and Last Action to further assist.

Changes to Profile Segments

Starting in a future update, you will only be able to modify profile segments using the Profile Segments tab. To access this tab: 1. From the Home page, select Application, and then Configuration. 2. Click System Attributes, and then the Profile Segments tab. Profile segments are visible, but read-only in Attributes. To access attributes, select Application, then Configuration, and then Attributes. This includes loading of List attribute values.

1:1 Currency Rates Are No Longer Required

Updates have been made throughout the application to automatically convert between currencies at a 1:1 rate when the currency codes are the same. For example, when the amount in the Entered bucket is USD and needs to be converted to USD in the Functional bucket, a 1:1 rate is automatically assumed, and therefore does not need to be loaded into currency rates. This simplifies configuration for customers with either single or multi-currency requirements.

Change in the Default Format When Exporting to Microsoft Excel

In a future update, the default format for exporting the table data to Microsoft Excel will be changed to .XLSX instead of .XLS.