tips and tricks for implementing htp
TRANSCRIPT
Hyperion Tax Provisioning (HTP)10 Tips and Tricks Implementing HTP
Chris D. Teske, PMP
Consulting Manager, Edgewater Ranzal
Who We Are
Edgewater Ranzal is a full-service Oracle
Platinum Consulting Partner with premier services
in North America and regional offices in the
United Kingdom
We deliver Business Analytics solutions that
include Oracle Hyperion Enterprise Performance
Management (EPM) and Business Intelligence (BI)
Our multiproduct focus offers domain expertise and technical leadership using
the Oracle Hyperion Product Suite
We have industry expertise and specializations to help us deliver end-to-end
solutions for each client’s business needs
Our Services
Financial Close & Consolidations
BusinessIntelligence
EnterprisePlanning & Analytics
Data IntegrationServices
Training &Support Services
Advisory Services
Infrastructure
Costing &Profitability
Mgmt
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•Scorecards & Dashboards; Mobile Delivery
•Prepackaged Analytic Applications (OBIA)
•BI Foundation (OBIEE / Essbase)
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•Reporting & Publishing
•Visual Exploration
•Information Discovery (Endeca)
Financial Close & Consolidations
•Legal, Segment, & Mgmt Reporting
•Financial Performance & Close
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•Regulatory Requirements
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•ERP Integration
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Costing & Profitability Management
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•Customer, Product, Segment & LOB Profitability
What is HTP?
An “Application” deliverable that resides on top of HFM
In order to implement correctly, you will need to “Configure” the OOTB
Application to meet your needs
Commercially available since 2013, they currently support versions: 11.1.2.2
through 11.1.2.4
In June of 2014, the first successful “Go Live” of HTP at a Canadian based
“upstream” oil company. White Paper available:
ranzal.com/htp
Since then, several additional companies are live and Oracle Product
development continues an aggressive development track
HTP: Under the Hood
11.1.2.4 - Complete list of HTP Functional Content:
Dimensions (13)
Eight (8) Standard and Five (5) Customs
Rollforward
Jurisdiction
ReportingStandard
DataCategory
TaxType
Data Forms (81)
Task Lists (0)
Tax Automation (1)
Reports (71)
Tip / Trick #1:
Know your HTP User Community!
HTP is a Application Deliverable that sits on top of HFM, allowing you to take
advantage of Oracles EPM deck capabilities:
Need to leave your “Consolidations” hat at the door
ERP:ERP:
OracleOracleJDEJDESAPSAPSub-Sub-
LedgerLedgerOthersOthers
Metadata Metadata ManagemManagem
entent
DataDataQualityQuality ManagementManagement
&&Financial Financial ReportingReporting
SmartViewSmartView
Financial Close ManagementFinancial Close Management
BI – Finance DashboardBI – Finance Dashboard
Tax ProvisionTax Provision
Financial ConsolidationFinancial Consolidation
ERP:ERP:
OracleOracleJDEJDESAPSAPSub-Sub-
LedgerLedgerOthersOthers
Transactions Assurance Reporting
Metadata Metadata ManagemManagem
entent
DataDataQualityQuality ManagementManagement
&&Financial Financial ReportingReporting
SmartViewSmartView
Financial Close ManagementFinancial Close Management
BI – Finance DashboardBI – Finance Dashboard
Tax ProvisionTax Provision
Financial ConsolidationFinancial Consolidation
Tip / Trick #2:
Measure Twice, Cut Once!
Make sure the following Phases are complete before moving onto Build, Test
and Roll Out:
Requirements: Tax Process Reengineering, “As Is” and “To Be” Confirmation:
Design: Data Integration, Application Design and Rules File Updates:
Tip / Trick #3:
Confirm Your HTP Design is Complete (use Excel to confirm mapping of the following User
Defined (UD) Fields)!
Entity: 5
Accounts:
Book: 1
Tax
Permanent Differences: 4
Temporary Differences: 8
TARF: 1
Jurisdiction: 3
Data Category: 1
Tax Automation: Tax Accounts
Tip / Trick #4:
Tax Automation and Trace: Confirming the “Book” to “Tax” Account Relationship!
Tax Automation takes “Book” values from source and Conditions differences
for the “Tax” Account:
Tax Automation Trace allows confirmation of the formula used (in Cell Text):
Tip / Trick #5:
Modifications to the HTP Rules File!
If your implementation requires OOTB changes to the HTP Rules File, Oracle HTP
Product Development provides sub routine placeholders (14 of 36):
Tip / Trick #6:
Building in “Classic” v. “EPMA”!
You have two choices of configuration environments when
implementing HTP, considerations of each are explained below:
Classic
Comes that way OOTB
Rules File (No Calculation Manager)
EPMA
Will need to convert from Classic
Upgrade migration Path may be more intensive
Tip / Trick #7:
Modifications to the User Interfaces: Task Lists, Data Forms and Reports!
There are no OOTB Task Lists, but plenty of Data Forms and Reports
Task Lists (0)
Monthly
FIN 18 (Quarterly)
Annual
Budget
Data Forms (81)
Copy and Edit, this will allow you to maintain OOTB functionality
Reports (71)
Copy and Edit, this will allow you to maintain OOTB functionality
Tip / Trick #8:
Change “Book” data in the source!
NIBT isn’t the same…
Nested Accounts
Nested Entities
Substantial time savings in data prep
Tip / Trick #9:
Meta Data Validations!
Within “Custom Links” exists a function
titled “Metadata Validation” provides
eight (8) validation checks in
accordance with HTP Requirements
Tip / Trick #10:
Taking advantage of Existing HFM Functionality!
ICP
Journals (sometimes confused with Tax Journals)
Process Control (Validation Account)
Data Audit / Data Validation
Organization By Period
Security: Default “No” for: Accounts, Entities, Scenarios and the Custom
Dimensions
Currency: HTP Rates are YTD, so you will see Rate Differentials