I am excited to share the 25.10 release sees a new feature for Journal precision, this is a welcome addition to the journal module in Oracle Cloud EPM Financial Consolidation and Close, allowing the flexibility to set decimal place precision.

This feature can be enabled in Consolidation Setting:

Select: Applications > Consolidation Settings, then select Others from the drop down type

The “Use Currency’s precision” drop down menu enables the following precision selections:

The default uses the “Currency dimension” precision settings, but you can select a decimal precision preference for journals from 0 to 10 decimal places.

For more details please see the official Oracle documentation:

https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/usfcc/journal_scanning.html

Please check out my journal enhancement “idea” posted on Oracle Customer Connect, see details below

Journal member selection improvements – idea number 912377

https://community.oracle.com/customerconnect/discussion/912377/journal-member-selection-improvements

If you think the enhancements would be valuable additions to the application, please click the thumbs up to vote and raise the awareness for Oracle product development to consider these ideas.

Here’s to continuous improvement & innovation in Oracle EPM! 💼❤️

Until next time

Sarah