Tips and Tricks for Implementing HTP

Hyperion Tax Provisioning (HTP)10 Tips and Tricks Implementing HTP

Chris D. Teske, PMP

Consulting Manager, Edgewater Ranzal

[email protected]

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

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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)

Implementation Methodology

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

Questions?

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