Planning and Budgeting Cloud Service
Oracle’s Planning and Budgeting Cloud service (PBCS) is a flexible planning application that supports enterprise-wide planning, budgeting, and forecasting in a cloud-based deployment model. PBCS will provide responsibility centers a tool for budgeting and analysis on multiple data sets using near real-time data. Phase I of the implementation is standard reporting and manual encumbrance tracking forms.
Posted General Ledger data will be loaded to PBCS on a nightly basis. As a reminder, GL month-end closing generally happens three business days into the following month. When running reports on the first of the month for the prior month, not all transactions will be posted for month end yet. For example, Payroll Costing is not posted until the last day of the closing cycle.
The first phase of the roll-out began in June 2018 for users at the responsibility center level. Budget & Financial Reporting are managing the roll-out. Please contact Budget & Financial Reporting via the PBCS Support mailbox for access and any questions regarding PBCS: email@example.com.
Training MaterialsPBCS Training Guide
Please use the PBCS Support email address: firstname.lastname@example.org. Budget & Financial Reporting are monitoring this mailbox.
Budget & Financial Reporting are managing the variable for the Current Month ($CurrMth) in PBCS. They will update the current month after the prior period closing is complete. If you are unsure, before running the report, you can select the desired period from list, removing the current month default parameter.
During implementation, RC’s were given the opportunity to create department level groups in PBCS for ease of reporting. Multiple department numbers are added to a group and that new group name can be picked from a list to report details for all department members.
Roll-up groups are maintained separately in PBCS by Budget & Financial Reporting. Please contact them using the PBCS Help email for changes to existing roll-up groups or to request new roll-up groups.