Create a  model

To create a model you use the Create New Model feature in Model Manager.

1. In the left-side panel, click  Create New Model.
2. In Model name type a name for the model.

3. A model type defines the entitlement permissions for a model. Each model type applies distinct thresholds to the model; for example, the maximum number of members each dimension can contain. (You can see your current model types at any time.)

   From Model type, select one of the following:

   • Standard: Designed to support short-term financial planning use cases and monthly financial reporting.

   • Advanced: Designed to support long-term operational planning use cases with fine granularity or driver-based needs.

   • Exchange Rate: Designed to house exchange rates that will support the currency conversion of other models in the application. Note that sharing dimensions between the Exchange Rate model and target models for currency conversion is not required, however the Time dimensions between the models must have identical hierarchies.

4. From Model category, select the label that best describes the purpose of the model.

   Note that if for Model type you chose Exchange Rate, the only options available are Exchange Rate and Other.

5. If you want the model to include currency, select Include currency conversion (this adds Currency and Geography as required dimensions to the model).
6. If you want the model to include Detailed Planning capabilities through the Detailed Planning Manager, select Include detailed planning.
7. In the Dimensions section, for each mandatory dimension, do any of the following:
   • To select an existing dimension of that type, click .
   • To create a new dimension of that type, click .
8. To add other dimensions, beside  Optional do any of the following:
   • To select an existing dimension of that type, click .
   • To create a new dimension of that type, click .
9. Click Create.

  Tip:  You can use Process Manager to import data or dimension structures to the model.