This month, Oracle will update Account Reconciliation Cloud Service (ARCS). In this blog post, we’ll outline enhancements, updates, and considerations for August.
We’ll let you know any time there are updates to ARCS or any other Oracle EPM cloud products. Check the US-Analytics Oracle EPM & BI Blog every month.
The monthly update for Oracle ARCS will occur on Friday, August 18 during your normal daily maintenance window.
Notes
Account Reconciliation Cloud no longer supports migration of snapshots from the latest service version to an earlier service version (for example, when moving snapshots between test and production pods during the window when test is upgraded before production.)
Migration between the same versions will still be supported. Some objects, such as Profiles, may still be moved from the latest to an earlier version outside of migration snapshots by exporting them from the latest service version and importing them into the earlier version.
Upload an Attachment to Multiple Reconciliations or Transactions
Users can now upload a file attachment or URL reference to multiple reconciliations or transactions at one time from the Reconciliation List or Transactions List in Reconciliation Compliance.
Imports Allow Choice of File Delimiter (Comma or Tab)
In Reconciliation Compliance, a File Delimiter field was added to import dialogs to allow users to select either a Comma or Tab delimiter.
View Additional Rows by Using a Compact View Toggle Switch
In Reconciliation Compliance, users can display additional rows when in List or Group View by using a Compact toggle switch.
Bulk Actions Available on Reconciliations or Transactions
A Service Administrator can use a new Configuration Setting in Reconciliation Compliance to allow users to perform Submit, Approve, Reject, Claim or Release on multiple reconciliations or transactions at one time.
Many Type Rules in Transaction Matching Now Support Data Source Attribute in Adjustment Details
When an Adjustment is created and the attribute of the Adjustment is copied from the Many side of a 1- Many or Many-1 match, the attribute value gets copied from the first transaction that was loaded of the Many.
New Rest APIs for Reconciliation Compliance and Transaction Matching
You can now use a REST API to import balances within Reconciliation Compliance. In Transaction Matching, you can use a REST API to import pre-mapped balances, pre-mapped transactions,`and to run auto match.
Processing Oracle General Ledger Adjustment Periods in Data Management
Data Management now has the option to include adjustment periods from an Oracle General Ledger source system in the Oracle Financials Cloud when loading balances to an EPM cloud application
Data Management Integration with the Financials Accounting Hub (FAH) and Financial Accounting Hub Cloud Service (FAHCS)
Data Management supports the Financials Accounting Hub (FAH) and the Financial Accounting Hub Reporting Cloud Service (FAHRCS) as part of its integration with the Oracle General Ledger.
Fixed Defects
| 26086848 | Intermittent failure viewing child reconciliation details from the summary reconciliation with the 'other attributes' section expanded. |
Considerations
- When using EPM Automate, log out and log in again after importing a Financial Close Management (FCM) snapshot to refresh the icons on the Home page.
- You may receive inaccurate messages from Navigator if pop-up blockers are enabled. Disable pop-up blockers in your browser to avoid this.
- In the Academy, some pages and icons may appear different in the video and the Cloud service.
