How to Load Metadata in a Planning Application

How to create planning application

by

A Step-by-Step Guide: How to Create a Planning Application with Oracle Planning and Budgeting Cloud Service (PBCS)

Introduction

In today’s dynamic business environment, accurate and efficient financial planning is essential for organizations to make informed decisions and achieve their goals. Oracle Planning and Budgeting Cloud Service (PBCS) is a powerful tool that enables businesses to create and manage effective planning applications to streamline their budgeting, forecasting, and reporting processes. In this guide, we will walk you through the process of creating a planning application using Oracle PBCS.

Step 1: Accessing Oracle PBCS

To begin, ensure that you have access to an Oracle PBCS instance. This requires having valid credentials and permissions. Once you’ve logged in, you’ll be greeted by the PBCS dashboard.

Step 2: Creating a New Application

  1. On the PBCS dashboard, navigate to the “Navigator” menu.
  2. Select “Application” under the “Overview” section.
  3. Click on the “+ New Application” button to start creating your new planning application.

Step 3: Basic Application Information

  1. Enter a name for your application. This could be related to the purpose of the application, such as “Annual Budget Planning.”
  2. Provide a description that offers a brief overview of the application’s purpose and usage.
  3. Select the appropriate plan type based on your organization’s needs, such as “Budgeting and Forecasting.”
  4. Choose a currency that aligns with your financial reporting requirements.
  5. Specify the starting and ending years for the planning cycle.

Step 4: Configuring Plan Settings

  1. Define the level of detail by selecting the members that represent the dimensions in your application. Common dimensions include “Accounts,” “Regions,” “Products,” “Time,” and more.
  2. Configure the time periods for your planning cycle, such as months, quarters, or custom periods.
  3. Set up any additional dimensions that are relevant to your planning process.

Step 5: Creating Members

  1. Navigate to the “Navigator” menu and select “Dimensions.”
  2. Choose the dimension for which you want to create members (e.g., “Accounts”).
  3. Click on the “+ New Member” button to add new members. These could include revenue, expenses, and other relevant categories.

Step 6: Building Data Forms

Data forms allow users to input and view data within your planning application. Here’s how to create one:

  1. Go to the “Navigator” menu and select “Application.”
  2. Click on “Data Forms” under the “Design” section.
  3. Choose the dimension for which you want to create a data form.
  4. Click on the “+ New Form” button to start designing your data form.
  5. Define the rows and columns of your data form by selecting the appropriate members from your dimensions.
  6. Configure data entry options, validations, and other settings to enhance user experience.

Step 7: Loading Data

  1. Navigate to the “Navigator” menu and select “Data.”
  2. Click on “Load Data” under the “Integration” section.
  3. Choose the dimension for which you want to load data (e.g., “Accounts”).
  4. Select the source of your data, which could be spreadsheets, databases, or other systems.
  5. Map the source data to the corresponding members in your planning application.
  6. Run the data load process and verify that the data has been successfully imported.

Step 8: Security and Access Control

  1. To ensure data security, navigate to the “Navigator” menu and select “Security.”
  2. Define user roles and permissions to control access to different parts of the application.
  3. Assign users to roles based on their responsibilities and authorization levels.

Step 9: Testing and Validation

  1. Before deploying your planning application for widespread use, thoroughly test its functionality and data integrity.
  2. Conduct trial runs of budgeting, forecasting, and reporting processes to identify any issues or discrepancies.

Step 10: Deployment and Training

  1. Once you’re satisfied with your planning application, deploy it for users to start utilizing.
  2. Provide training and support to users, ensuring they understand how to input data, generate reports, and utilize the application effectively.

Conclusion

Creating a planning application with Oracle Planning and Budgeting Cloud Service (PBCS) empowers organizations to enhance their financial planning and decision-making processes. By following the step-by-step guide outlined above, you can create a robust planning application tailored to your organization’s unique requirements. Oracle PBCS streamlines budgeting, forecasting, and reporting, ultimately helping businesses achieve greater efficiency and accuracy in their financial management endeavors.

Leave a Comment