Creating financial planning steps

You create planning steps within a configuration set. A step contains a set of accounts. You can assign multiple entities to a step and assign multiple versions to each entity. For each step, you select the accounts to which planners can submit values.
Note: Each configuration set has one or more versions, in which the data that is submitted for approval is stored. You cannot create a planning step unless its versions are flagged as Configuration Completed.

After you have configured a financial planning step, you submit it to the workflow. In workflow, you assign a workbook to the step and specify the planner, and, optionally, the approver who is responsible for completing the step.

  1. If you use the Financial Planning Step option on the Configuration Set Definition page, go to step 6.
  2. Click the Home icon.
  3. Select Applications > Financial Applications.
  4. Open one of these applications:
    • Balance Sheet
    • Profit and Loss
    • Forecast
  5. Select Configuration > Financial Planning Step Overview.
  6. Click the configuration set to which to add the step and select Show Details.
    Existing steps for the configuration set are listed in the Planning Steps pane. Click a step to view details of its configuration.
    Note: Ensure that you click the configuration set to which to add the step, not the version. A different Show Details option is available on the version.
  7. Click Create New Step.
  8. In the Account Assignment step, specify a name for the planning step.
    The name is stored in the translation fields of the language in which the user is logged on. It can be translated as required in EPM Administration.
    1. In the Account Structure, select the account and its descendants that you want to configure.
      Optionally, search for the account.
      To activate the accounts that you require, select them and click the arrow icon to activate them for the financial planning step. If you select a base account, all its parent accounts are selected. If you select a parent account, all its child accounts are selected.

      All accounts that are listed in the Financial Planning Step section are activated and, by default, the write attribute is enabled. You can disable the write attribute by deselecting this option for any account.

    2. Optionally, repeat the previous step for another account that you require.
    3. Click Next.
  9. In the Entity Assignment step, select the entity to which the planning step applies.
    You can edit planning steps to change entity assignments.
  10. Activate the versions to which the planning step applies and click Next.
    Only valid combinations of version and entity that are defined in the configuration set are shown. If a version is not listed, then it has not been flagged as Configuration Completed.
  11. In the Sub Plan Assignment step, select the version and click OK.
  12. Select a subset of accounts for use with the selected combination of version and entity.
    For example, you might select 100 accounts in the Entity Assignment step. If only 10 of those accounts are relevant to Version 1 with Entity A, you might select only those accounts in the Sub Plan Assignment step.
  13. If organizations are enabled in the configuration set and planning at the level of organizations is required, select the Organization Planning check box. Then, select one of these options:
    Option Description
    Entity Account Mapping Only accounts are displayed in the table.

    Enables data entry at the Organization and Entity Account Mapping levels. You can select organizations in a workbook and enable the hierarchical approval in the workflow.
    Organization Account Mapping Accounts and organizations are displayed in the table.

    Enables data entry at the Organization and Organization Account Mapping levels. You can select organizations in a workbook. The displayed accounts depend on the selected organization. You can enable the hierarchical approval in the workflow.
  14. Activate the accounts or accounts and organizations to which the planning step applies and click OK.
    You can swap the Accounts and Organizations columns.
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