EPM · Oracle FCCS · Consolidation · Multi-GAAP · Intercompany · XBRL
Your Group Consolidation Takes 5 Days.Oracle FCCS Closes It in Hours. Group financial consolidation is one of the most technically complex processes in finance — multiple legal entities, multiple GAAPs, intercompany relationships, currency translation, and ownership hierarchies that change throughout the year. Done manually, it takes days. Done in Oracle FCCS, it takes hours. Symhas implements Oracle Financial Consolidation and Close Cloud Service — automated intercompany elimination, multi-GAAP reporting from a single data load, minority interest and partial ownership calculation, and XBRL filing — connected directly to your Oracle Fusion Finance GL data.
5d→HoursConsolidation cycle reduction — typical Symhas Oracle FCCS deployment outcome
100%First-submission audit pass rate on group financial statements across all FCCS engagements
Multi-GAAPIFRS, US GAAP, and local GAAP reported simultaneously from a single Oracle FCCS data load
12wkOracle FCCS implementation — multi-entity consolidation, fixed price
Oracle EPM specialists available now
Active
5d→Hours
Consolidation cycle reduction after Oracle FCCS deployment — days of manual work automated
100%
First-submission audit pass rate on group financial statements prepared in Oracle FCCS
Multi-GAAP
IFRS, US GAAP, and local statutory reporting from a single Oracle FCCS data load
12wk
Oracle FCCS implementation — multi-entity, multi-currency, multi-GAAP — fixed price
What We Deliver
Core Capabilities.Production-Deployed in Oracle EPM. Every capability configured inside Oracle EPM Cloud — integrated with your Oracle Fusion Finance actuals. Fixed price. Fixed timeline. Finance team independent at go-live.
Multi-Entity Consolidation & EliminationEntity hierarchy · Ownership · Minority interest · Intercompany · Elimination
Oracle FCCS automates the group consolidation process — currency translation, intercompany matching and elimination, minority interest calculation, and journal adjustments — across your full legal entity hierarchy.
Group P&L and balance sheet consolidated in hours — not assembled over 5 days by 12 people
Entity hierarchy configuration — legal entities, sub-groups, and group structure
Ownership management — percentage ownership, acquisition dates, and disposal accounting
Minority interest and non-controlling interest calculation — automatic across all entities
Intercompany matching — automated identification and elimination of intercompany balances
Consolidation journal workflow — elimination journals proposed and approved in Oracle FCCS
Multi-GAAP & Currency TranslationIFRS · US GAAP · Local GAAP · CTA · FX revaluation
Oracle FCCS supports simultaneous multi-GAAP reporting from a single data submission — entities submit once, FCCS applies the translation, adjustment, and reclassification rules needed to produce IFRS, US GAAP, and local statutory reports from the same data.
One submission, multiple GAAP outputs — entities submit their local numbers once and FCCS does the rest
Multi-GAAP reporting — IFRS and US GAAP simultaneously from a single entity submission
Local statutory adjustments — country-specific reclassifications applied automatically
Currency translation — current rate, historical rate, and average rate by account type
Cumulative translation adjustment (CTA) calculation and equity roll
FX revaluation — monetary balance revaluation at closing rate with gain/loss to P&L
Consolidation Close ManagementClose tasks · Submission status · Data quality · Approval · Audit trail
Oracle FCCS close management tracks consolidation submissions, data quality checks, and approval status across every entity in real time — so the group finance team sees exactly where the consolidation stands and what is blocking progress.
Group finance controller sees the consolidation status in real time — not in a chain of email replies
Submission status dashboard — entity-by-entity submission, review, and approval tracking
Data quality rules — automated validation of entity submissions before consolidation runs
Consolidation lock — entities locked from further changes once consolidation is complete
Audit trail — every journal, adjustment, and approval timestamped and attributed
Prior period comparative — prior year consolidation locked and available for comparison
XBRL & Regulatory FilingXBRL · iXBRL · ESEF · SEC · Companies House
Oracle FCCS Narrative Reporting produces XBRL and iXBRL tagged financial statements for regulatory submission — SEC filing, ESEF compliance for EU-listed entities, and Companies House filing — directly from the consolidated FCCS data.
Regulatory filing produced from the same data as the management accounts — no separate tagging exercise
XBRL taxonomy mapping — IFRS or US GAAP taxonomy applied to Oracle FCCS account structure
iXBRL generation — ESEF-compliant inline XBRL for EU-listed entity annual reports
SEC filing support — 10-K and 20-F XBRL preparation from Oracle FCCS data
Validation and filing review — XBRL validation before submission to avoid rejection
Comparison to prior year — tagged data compared to prior filing for consistency review
Delivery Model
Requirements to Production.Finance Team Certified and Independent. Four structured phases with go/no-go gates. Fixed price agreed before week one. Your finance team runs the EPM process independently before Symhas steps back.
01
Consolidation Design & Entity Mapping
Weeks 1–3
Legal entity hierarchy review. Ownership structure and minority interest mapping. Intercompany relationship matrix. Multi-GAAP adjustment requirements documented. Chart of accounts mapping to FCCS dimensions designed.
02
FCCS Configuration & Data Integration
Weeks 4–8
Oracle FCCS application configured. Entity hierarchy, ownership, and dimension structure built. Oracle Fusion Finance data integration built and tested. Intercompany matching rules configured. Currency translation rules set.
03
Consolidation Testing & XBRL
Weeks 9–10
Full consolidation cycle tested with actual data — entity submissions, eliminations, and group P&L validated. Multi-GAAP outputs reconciled to existing manual process. XBRL taxonomy mapping completed and validated.
04
Parallel Close & Go-Live
Weeks 11–12
Full parallel consolidation alongside existing process. Results reconciled to prior method. Group finance team certified. First live consolidation completed. XBRL filing tested. Symhas moves to advisory.
Financial Services · Oracle FCCS
US Financial Institution.
Consolidation from 5 Days to Same Day. Clean Audit. A US financial institution with 34 legal entities across 12 countries was running its monthly group consolidation through a combination of Oracle Hyperion Financial Management (HFM), Excel adjustment workbooks, and manual intercompany reconciliation. The consolidation took 5 working days and required 8 finance team members working full-time. Symhas migrated from HFM to Oracle FCCS — automated intercompany elimination across all 34 entities, multi-GAAP reporting (US GAAP and local statutory) from a single submission, and XBRL filing from the same Oracle data. Consolidation reduced from 5 days to same-day. Discuss Your Programme
Consolidation from 5 Days to Same Day. Clean Audit. A US financial institution with 34 legal entities across 12 countries was running its monthly group consolidation through a combination of Oracle Hyperion Financial Management (HFM), Excel adjustment workbooks, and manual intercompany reconciliation. The consolidation took 5 working days and required 8 finance team members working full-time. Symhas migrated from HFM to Oracle FCCS — automated intercompany elimination across all 34 entities, multi-GAAP reporting (US GAAP and local statutory) from a single submission, and XBRL filing from the same Oracle data. Consolidation reduced from 5 days to same-day. Discuss Your Programme
5d→SameConsolidation cycle
34Entities consolidated
CleanAudit opinion
12wkTo production
What was delivered
Oracle FCCS — Financial Services Consolidation Deployment
→Oracle FCCS configured — 34 legal entities, 12 countries, 8 currencies, US GAAP and local statutory GAAP
→Entity data integration — Oracle Fusion Finance GL actuals loaded to FCCS automatically at period close
→Intercompany elimination — 127 intercompany relationships matched and eliminated automatically
→Minority interest calculation — 11 partially-owned entities with non-controlling interest calculated automatically
→Multi-GAAP — US GAAP and local statutory financial statements produced from single entity submission
→XBRL filing — US GAAP XBRL taxonomy mapped, 10-K filing produced from FCCS data
“We spent 5 days every month reconciling intercompany balances between 34 entities. Now Oracle does it automatically and flags exceptions for our review. We closed the books on the same day the period ended for the first time in our history.”
— Group Financial Controller, US Financial Institution
Oracle EPM Modules
The Oracle EPM Cloud ModulesWe Configure for This Capability. Every module configured to your chart of accounts, legal entity structure, and planning calendar. Not a generic template.
Oracle EPM
Oracle FCCS (Consolidation Cloud)
Core consolidation engine — entity hierarchy, ownership, currency translation, intercompany elimination, and group P&L.
Entity hierarchy and ownership management
Intercompany matching and elimination
Currency translation and CTA
Consolidation journal workflow
Oracle EPM
Oracle FCCS Data Integration
Automated data loading — Oracle Fusion Finance GL actuals, adjustments, and supplemental data loaded to FCCS at period close.
Oracle Fusion Finance integration
EPM Data Integration (DI) configuration
Data validation and quality rules
Prior period comparative loading
Oracle EPM
Oracle FCCS Close Management
Close task tracking — entity submission status, data quality monitoring, approval workflow, and consolidation audit trail.
Submission status dashboard
Data quality rule validation
Consolidation lock and approval
Full audit trail with timestamps
Oracle EPM
Oracle Narrative Reporting
Financial statement production — group P&L, balance sheet, cash flow, and XBRL/iXBRL from FCCS consolidation data.
Financial statement templates
XBRL taxonomy mapping
iXBRL generation for ESEF
Prior year comparison and review
Oracle EPM
Oracle Smart View
Excel-based consolidation analysis — ad-hoc analysis and supplemental schedule preparation connected to live FCCS data.
Live FCCS data in Excel
Ad-hoc consolidation analysis
Supplemental schedule preparation
Consolidation data drill-through
Oracle EPM
Oracle Account Reconciliation (ARCS)
Balance sheet reconciliation integrated with FCCS close — subsidiary-level account reconciliation feeding the group consolidation.
Subsidiary account reconciliation
Balance to FCCS data matching
Reconciliation status in close dashboard
Risk-based reconciliation prioritisation
Why Symhas
Oracle EPM Expertise From45+ Enterprise Deployments.
Intercompany Matrix Built Before Configuration Starts
Intercompany elimination failures are the most common FCCS go-live issue. Symhas documents every intercompany relationship before configuration begins — elimination rules are tested against real intercompany balances, not discovered in the first live close.
Multi-GAAP Adjustments Designed with the Technical Accounting Team
Multi-GAAP configuration requires accounting knowledge, not just Oracle configuration skills. Symhas works with your technical accounting team to design every GAAP adjustment — so the FCCS output agrees to the adjustment memos, not to a configuration guess.
Consolidation Cycle Duration Committed in Writing
We define a target consolidation cycle duration before the engagement starts. If the first live close exceeds the agreed target, we continue tuning within the fixed price until it does not.
XBRL Filing Tested Before Go-Live
XBRL validation errors after submission waste weeks. Symhas validates XBRL output against the relevant taxonomy and runs a test submission before the engagement ends — so the first real filing is not the first test.
Audit-Ready Documentation Produced at Handover
Every FCCS implementation produces a configuration documentation pack for the external auditor — consolidation rules, elimination logic, GAAP adjustment descriptions, and ownership structure. Clean audit opinion on the first consolidated statements is a go-live target.
Group Finance Team Runs the Close Independently
By go-live your group finance team manages the full consolidation cycle — entity submissions, eliminations, adjustments, and XBRL filing — without Symhas involvement. Certified and independent before the engagement ends.
Also in EPM
Explore the OtherEPM Capabilities.
Planning & Budgeting (PBCS)
Oracle PBCS — driver-based planning and rolling forecast connected to the same FCCS consolidated actuals.
Account Reconciliation (ARCS)
Oracle ARCS — subsidiary account reconciliation that feeds clean, reconciled balances into the FCCS consolidation.
Narrative Reporting
Oracle Narrative Reporting — automated group financial statements and XBRL filing produced from FCCS consolidation data.
Next Step
Tell Us How Many Entities Your Group Consolidation Covers.We Will Tell You What Oracle FCCS Can Do to Your Close Cycle. A 30-minute Oracle EPM assessment with a Symhas FCCS specialist. We will review your entity structure, intercompany complexity, and multi-GAAP requirements — and tell you what a 12-week FCCS engagement would deliver, including a target consolidation cycle duration we commit to. No pitch deck. No sales process. An honest conversation about your Oracle EPM environment.