ORACLE FIXED ASSETS

R12 New Features

Objectives
After completing this module you should be
able to:
1) Describe and use the new feature in Release
12 of Oracle Assets.
2) Setup New feature in Release 12 of Oracle
Assets.
AGENDA
Sub Ledger Accounting Architecture and
Inquires.
Enhanced Mass Additions for Legacy
Conversions.
Flexible Reporting using XML Publishers.
Automatic Depreciation Rollback.
Enhanced Functionality for Energy Industry.
AGENDA
Sub Ledger Accounting Architecture and
Inquires.
Enhanced Mass Additions for Legacy
Conversions.
Flexible Reporting using XML Publishers.
Automatic Depreciation Rollback.
Enhanced Functionality for Energy Industry.
SUBLEDGER ARCHITECTURE
DESCRIPTION
SLA
Oracle Assets is fully integrated with SLA, which is common Accounting
Platform for Sub Ledger.
You can use seeded Accounting Derivation Definition or modify as
required.
SLA support Accounting Generator Functionality for existing Assets Books.
Support new SLA Accounting report and Online Accounting Inquiry.
Enable compliance with multiple legislative, Industry and geography
requirement concurrently in a single instance through configurable rules.
Increase Transparency and enable full auditability of the transaction and
accounting data through new data model.
SUB LEDGER ACCOUNTING PROCESS
SUBLEDGER ACCOUNTING
ARCHITECTURE SUMMARY
SLA is a new common accounting architecture
that:
Support new SLA Accounting report and Online Accounting Inquiry.
Enable compliance with multiple legislative, Industry and geography
requirement concurrently in a single instance through configurable rules.
Oracle Assets if fully integrated with Oracle Sub ledger Accounting for
creating Journal entries, Accounting drill down and Inquiry.


SUB LEDGER ACCOUNTING SETUP

AGENDA
Sub Ledger Accounting Architecture and
Inquires.
Enhanced Mass Additions for Legacy
Conversions.
Flexible Reporting using XML Publishers.
Automatic Depreciation Rollback.
Enhanced Functionality for Energy Industry.

ENHANCED Mass Additions for Legacy
Conversion Descriptions.
Many Attributes added to the Mass Additions
interface table including :
1. Assets Life.
2. Depreciation Methods.
3. Pro rate Conventions.
4. Bonus rule ceiling name.
5. Depreciation Method.

ENHANCED Mass Additions for Legacy
Conversion Descriptions.
Oracle Web Application Desktop Integrator (WEBADI) has
been enhanced to support the following new columns:
1. Depreciation Methods
2. Life in Months
3. Basic Rate
4. Adjusted Rate
5. Prorate Convention
6. Bonus Rule
7. Depreciation Limit Type
ENHANCED Mass Additions for Legacy
Conversion Descriptions.
Customers can Populate values directly.
Legacy conversion can be completely
automated(Values can now be imported
directly from your Legacy system, instead of
derived from Category setup)

IMPLEMENTATION CONSIDERATION
Security --- who is allowed to use Mass
additions using WEBADI.
AGENDA
Sub Ledger Accounting Architecture and
Inquires.
Enhanced Mass Additions for Legacy
Conversions.
Flexible Reporting using XML Publishers.
Automatic Depreciation Rollback.
Enhanced Functionality for Energy Industry.
AUTOMATIC PREPARATION OF MASS
ADDITIONS DESCRIPTIONS
Mass Additions:
Consist of default rule and public APIs that can be used by customers to
complete the preparation of Mass Additions lines automatically.
Auto Populate required fields like Expense Account, Asset Categories and
Others.
Avoid Manual Intervention during Mass Addition Prepare Process.
Avoid customization and use public API to effect Custom Business Logic.
AUTOMATIC PREPAREATION OF MASS
ADDITIONS PROCESS

AUTOMATIC PREPAREATION OF MASS
ADDITIONS PROCESS
To Process Mass Additions Lines:
1. Interface Mass Additions lines from Oracle
Payable or any other system.
2. Run Prepare Mass Additions Program.
3. Optionally verify Mass additions data.
4. Post Mass Additions.
AUTOMATIC PREPARATION OF MASS
ADDITIONS SETUP

AUTOMATIC PREPARATION OF MASS
ADDITIONS SETUP QUICK CODES
Rules to Prepare Mass Additions

AGENDA
Sub Ledger Accounting Architecture and
Inquires.
Enhanced Mass Additions for Legacy
Conversions.
Flexible Reporting using XML Publishers.
Automatic Depreciation Rollback.
Enhanced Functionality for Energy Industry.

FLEXIBLE REPORTING USING XML
PUBLISHER DESCRIPTION
Major Asset transactions report has been
modified to support XML Publishers.
You can modify or use new templates to view
report output.
FLEXIBLE REPORT USING XML
PUBLISHER DESCRIPTION.
XML is available for the following Assets
reports:

BENEFITS
You can customize report output by modifying
seeded template or by using new template
FLEXIBLE REPORTING USING XML
PUBLISHER SETUP
Set up Procedures:
1. Log in to System Administrator and query up
the Concurrent Program.
2. Change the output format to XML.
3. Once the output is flagged as XML, submit
the concurrent request.
FLEXIBLE REPORTING USING XML
PUBLISHER XML OUTPUT EXAMPLE


AGENDA
Sub Ledger Accounting Architecture and
Inquires.
Enhanced Mass Additions for Legacy
Conversions.
Flexible Reporting using XML Publishers.
Automatic Depreciation Rollback.
Enhanced Functionality for Energy Industry.
AUTOMATIC DEPRECIATION ROLL
BACK DESCRIPTIONS
Depreciation Automatically rolled back by the
system when any transactions is performed on
the assets if the following conditions are met:
1. Depreciation is process on that period.
2. The Period is not closed.




AUTOMATIC DEPRECIATION
ROLLBACK BENEFITS
No longer to run Depreciation Rollback
program manually.
Depreciation rollback executed only on the
selected assets as required not on the entire
asset books.
AGENDA
Sub Ledger Accounting Architecture and
Inquires.
Enhanced Mass Additions for Legacy
Conversions.
Flexible Reporting using XML Publishers.
Automatic Depreciation Rollback.
Enhanced Functionality for Energy Industry.

ENHANCED FUNCTIONALITY FOR
ENERGY INDUSTRY DESCRIPTION
Energy Unit of Production Method for Group
Assets.
1. Allow Production Method group of Assets.
2. Allow Production Upload for Group of Assets.
3. Energy Straight Line method (Depreciation
calculation formula is NBV/Remaining Life)
SUMMARY
In this module you should learned about how
to:
Describe and use new features in R12 Oracle
Assets.
Setup up the new feature in R12 Oracle
Assets.
THANK YOU







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