BPC(OutlookSoft) and IFRS

Hi all,
I'd need to know if there's any template that could help an implementation team to develop the consolidation processes to comply with IFRS. I know there are several BPC (OutlookSoft) implementations in Europe that comply with IFRS reporting standards.
Is there anyone who can share this information, perhaps from the European consulting team, about some templates (guidelines, reports, etc) ?
Thanks!
Diego.

Hi,
Our company has been around for several years now and we come from an OutlookSoft background. We have been implementing IFRS applications on OutlookSoft and we have our own standard. Check on cfobelux.com and drop me a mail (use the contact page)
Best regards
Bjorn Van Damme

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Question was never answered but I'm closing it due to SDN's number of open question per user limitation.

What are Outlooksoft and BPC ?

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Could anyone please tell me what are Outlooksoft and BPC ?
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Hi,
Take a look at the blog below.
/people/ryan.leask/blog/2007/09/03/what-is-cpm-and-what-is-happening-with-sem-and-bi-integrated-planning
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1) What's the role of a Technical Consultant (ABAPer) in BPC/OutlookSoft?
2) Do ABAPers perform the Conversions/Transformations/Mappings etc?
3) Are the data imports and exports done by ABAPers?
NW

>
NW wrote:
> Experts,
>
> 1) What's the role of a Technical Consultant (ABAPer) in BPC/OutlookSoft?
> 2) Do ABAPers perform the Conversions/Transformations/Mappings etc?
> 3) Are the data imports and exports done by ABAPers?
>
> NW
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Hi koundinya karanam,
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Dear all:
See below, and please share your knowledge!
Situation
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Data
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A_DEV is the App Set in the Development Box.
Below are what I have done and failed:
1.
a. I used "Server Manager" to back up A_PRODUCTION.
b. I then copied and pasted the backup folder (in which has Web, File, SQL etc sub folders) to the Development Box.
c. I used "Server Manager" to restore by selecting the backup folder. The Server Manager was able to allocate all the backup files and SQL db.
d. My Web and File folders are OKed during restore, but my SQL restore failed with an error message.
2.
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b. We received the error message, System.Data.SqlClient.SqlError: RESTORE detected an error on page (0:0) in database "A_PRODUCTION" as read from the backup set. (Microsoft.SqlServer.Smo).
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3.
a. I logged on to Development Box's BPC Web Admin, and tried to create an App Set that has the same name A_PRODUCTION as my live database in the Production Server.
b. The App Set creation failed at OLAP service with an error message saying something about "SalesPerson" column was not found or something.
c. I noticed that a database named A_PRODUCTION is created Development Box.
d. I tried method 1 and 2 again to A_PRODUCTION of the Development Box and failed.
Question
What is wrong with my approach?
I have referenced the document https://www.sdn.sap.com/irj/scn/go/portal/prtroot/docs/library/uuid/20a26f50-4252-2a10-8c97-a2c7058cd804, and am confused why we have to backup the master database.
Secondly, in the document, quoted "Restore Microsoft SQL Server 2005 Database(s): Restore the most recent database backup for APPSERVER, and each of the application set databases.
(ApShell/ApShellExtra)", what is the difference between "the most recent database backup for APPSERVER", and "each of the application set databases"?
At last, in the document, quoted "You must use an u2018Open File Agentu2019 to backup Data files that may be in use by the web server.", what does it mean by using an Open File Agent? Is it a type of agent in SQL backup service, or an agent in general that is able to back up open files?
Thank you!

Kranthi and Akim:
Thanks for the reply...
Kranthi: With BPC Admin ID, I did go back to *BPC Administration\Manage Security* and re-saved the configuration, and I did see the table update in *Database Engine\AppServer\tblAppSetAccess*. I could then grant my Windows ID rights to "everything", but was only able to access BPC Administration.
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I am sorry that this thread has become longer than expected. Here are some updates:
1. I have two Application Sets which my Windows ID can access: AppShell (default) and App_Dev
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3. I tried to create a new Application Set "AppShell1" by copying from AppShell (same unchecked everything). Then I logged in as BPC Admin and added my Windows ID to the System Admin Team, which was modified to be able to access everything. Same result as #2
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Hello BPC experts,
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You can greatly improve your chance of receiving a helpful answer to your question if you state the version (MS or NW) of BPC which you are using.
Also notice the sticky [note|Please do not post BPC, SSM or FI/CO questions here!; at the top of this forum whereby we announced new dedicated forums for BPC which are the proper place to post your questions regarding BPC in the future to be able to reach the right audience for your question.
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[Jeffrey Holdeman|http://wiki.sdn.sap.com/wiki/display/profile/Jeffrey+Holdeman]
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Cheers
Jojo

hI,
Right now BPC 5.1 is going on in the market, and BPC 7.0 NW version is in rampup.
BPC 5.1 is the Microsoft version which uses the microsoft tools (Excel,powerpoint,etc) and the backend is SQL server, while BPC7.0 will be having both Microsoft version and Netweaver version.Here Microsoft version will be same as for BPC 5.1 with some advancements,while for NW version the backend will be BI.
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BPC NW and Ms clients in the same environment

Hi,
A simple question... is it possible to install clients for BPC NW and MS in the same computer?
Thanx
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Hi,
If you install both the clients on the same machine, there will be some DLL conflicts and conflicts in the local folder for BPC. So, you will face a lot of problems in working on them. I had tried once and faced lot of issues.
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Install trial version of SAP NetWeaver BPC Outlooksoft

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Thanks for any feedback.
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Not for the moment.
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BPC v5 and evcom

Hello all,
Hoping you can help.....
I have recently completed an implementation of a budgeting/forecasting solution in BPC v5 and have a couple of recurring issues.
As this is my first implementation using SAP BPC these may simply be down to inexperience.
1) EVcom - I am successfully using the evcom function to send comments to the database but when the linked cell contents is amended and data resent I do not get the last comment retreived. I realise that more that one record is created in the comments table in the database, how can I get the evcom to display the last record or somehow display all comment records for that intersection of dimensions?
"my first comment" - 1 comment sent fine
"my second comment" - 1 comment sent fine but on refresh I get
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I realise this could be down to a whole host of reasons but was wondering is there is a top 5 common reasons for this error?
Many thanks
Phil

Hello Phil,
I do not have a concrete solution to your first problem, but I have experienced the EVCOM issue as well. I am not 100% sure that this is exact issue, but when users of our application append an exisiting comment (on a input schedule w/ EVDRE), then send and expand/refresh the workbook, the previously appended comment text is pasted back into the input cell.
When this happens in our application, the cell that actually holds the EVCOM formula shows the latest comment text, while the input cell still contains the previously appended comment. If I expand/refresh the workbook a second time, the correct comment is then posted into the input cell.
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I have not had a chance to open a ticket with SAP support on this issue yet, but you may wish to do so.
As for the second problem, the EVDRE web-error can result from a number of things. Check to make sure your EVDRE formula and criteria are setup correctly. Also, whenever my users experience that error, the user's security rights are usually not setup correctly to view certain data being retreived by the EVDRE function.
Hope this helps clarify the issue,
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Hi,
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at the moment there is much blabla about BO and BPC. Actually none can tell information with substance. A good friend of mine told me after an Outlooksoft-training it wouldn't be suitable for consolidation. In fact, the trainer told us that. Does anyone have some more (facts!) about this topic?
thanks in advance
BR
btw: these are interesting for those readers which don't know a thing : )
[https://forums.sdn.sap.com/click.jspa?searchID=10758950&messageID=4903014|https://forums.sdn.sap.com/click.jspa?searchID=10758950&messageID=4903014]
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>
COLLET Thibaud wrote:
> ...
my client had the following point of view :
> - Magnitude is a lot more flexible and user friendly compared to BCS : you can for example perform simulation easily
> - But in Magnitude they were used to perform a lot of things manually, especially regarding COI. Apparently, it is more easy to automatize consolidation treatments in BCS
> ...
Regards,
> Thibaud
This is similar feedback to those who compare Hyperion to BCS (I have often replaced Hyperion with BCS)
The challenge is that the accountants who use the BCS get frustrated that they can't 'fudge' numbers in BCS because there are strict controls such as authorisations, breakdown categories validations etc. (eg one client I had wouldn't even allow manual journals direct in BCS and another client locked down all ad hoc reports in BI), .
Also you cannot argue with the results of automatic functions such as Currency Translation, Eliminations and CoI (assuming the config is correct of course!).
Whereas in Hyperion (and it sounds like Cartesis/Magnitude is similar) is appears that they can manually change results and adjust reports as and when required, with very few of these controls.
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- there should be controls on what can be posted/adjusted in the system
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Anyone agree/disagree?

SAP BPC - As per IFRS, data entry mode for OWNERSHIP model is YTD. Why?

Dear All,
As per IFRS, data entry mode for OWNERSHIP model is YTD. I do not understand this. YTD means accumulated data. When it comes to Ownership data(Consolidation Perimeter), it goes by month. Consolidation is done month by month. If so, why is YTD the data entry mode for OWNERSHIP model?
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Regards,
Peri

Hi Peri,
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BR,
Arnold

BPC(OutlookSoft) and IFRS

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