INTRODUCTION:

Hyperion planning is a budgeting and forecasting application that drives collaborative, event based planning processes through the organization for a wide range of financial and operational needs.

Version 9.3.1

The desktop client is totally removed from the Architecture and introduced all these features into web client. Now the web client is being accessed by a common interface called Workspace; Which works on port no:19000

-> Project is a place where you can create planning applications.
->one application requires unique data base.
->Naming concertinos are must same as in Essbase of planning.
->Asset is property.
->Liability is getting loans from bank.
->Equity is the kind of liability.
->Saved assumption is saving none

The application server will push all RDBMS table entries into Essbase server and generate an outline with "7" (seven) standard dimensions for Multi Currency Application.
The web based client which will be used by an administrator to add dimensions and members. Apart from the "7" (seven) standard Dimensions we can add "13" more user defined custom dimensions. The web client can also be accessed by end users to enter the budget data into planning application. The backend (RDBMS+ESSBASE) is integrated with hyperion reporting tools to generate reports out of planning application.
The whole Architecture will build on top of the foundation services which consist of shared services(centralized user management console).

The seven standard Dimensions are

1. Accounts
2. Entity
3. Year
4. period
5. Scenario
6. Version
7. Currency

->Scenario: Grouping of related data together
->HSP_Rates dimension will hold the exchange rate details.

Hyperion System 11 Components:
Hyperion planning is a budgeting and forecasting application that drives collaborative, event based planning processes through the organization for a wide range of financial and operational needs. Hyperion Planning is a comprehensive approach for the complete and closed-loop planning process that drives continuous business improvement. With hyperion planning, all decision makers and front-line managers can communicate with hyperion planning, all decision makers and front-line managers can communicate which course of action to take and get budget holders to collaborates so that the planning process is optimized and efficent. When a material even occurs that causes a change in direction, planners have the flexibility to adapt rapidly, ensuring that plans are relevant and useful.
Hyperion System 11 Planning Has the following Features:

->Multidimensional data structure.
->Target setting and bottom up planning
->Iterative Planning cycles
->Complex business rules and allocations
->Web-based data entry;management of the planning cycle
-> Currency conversion for multicurrency applications
->Headcount and salary expense modeling
->Metadata and data transfer between Hyperion System 11 planning
applications and other hyperion products.