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Showing posts with the label Hyperion Planning benefits

Not using Multicurrency option in Hyperion Planning has its own benefits

Hyperion Planning applications often require multiple currencies.   Hyperion Planning includes a currency option that easily allows multiple currencies to be managed.   Allowing Planning to manage this, introduces a couple of limitations and costs. These can be avoided if currency is managed manually. Learn More about: Hyperion Planning 11.1.2.3 Upgrade When the Hyperion Planning currency option is enabled, an additional 2 dimensions are required.   This raises the required dimensions from 6 to 8.   Most planning applications have a need for at least 2 to 3 custom dimensions.   Even smaller applications suffer greatly when adding the additional 2 dimensions.   So, by using the currency option, the ability to use custom dimensions is limited.   By adding a few accounts to hold the currency conversion and adding one dimension that has members for all the currencies, multi-currency applications can be handled with only one additional dimension. ...