P. 1


|Views: 19|Likes:
Published by Mihai Fildan

More info:

Published by: Mihai Fildan on Jan 09, 2012
Copyright:Attribution Non-commercial


Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less





R12 Fixed Assets Overview

New and Changed Features in R12

 Process Efficiency • Enhanced Mass Additions for Legacy conversions • Automatic Depreciation Rollback • Automatic Preparation of Mass Additions  Industry Enhancements • Enhanced Functionality for Energy Industry  Flexible Accounting  Uptake of Subledger Accounting Architecture  Flexible Reporting • Reporting using XML publisher

Enhanced Mass Additions .

Mass Additions Process in 11i Oracle Payables Oracle Projects ADI Legacy System FA Mass Additions Review Mass Additions Asset Category to Default asset depreciation rules FA Asset Books .

R12 Enhanced Mass Additions R12 New Features New attributes added to FA_MASS_ADDITIONS • • • • • • • • Asset Life Depreciation Method Prorate Convention Bonus Rule Allowed Depreciation limit Allowed Depreciation limit amount Salvage type Percent salvage value Web ADI Mass Additions template enhanced to include new columns .

Enhanced Mass Additions Legacy conversions Web ADI template for Asset Mass additions enhanced to add additional columns New columns added .

Automatic Depreciation Rollback .

Roll Back Process in 11i Asset Book Run Depreciation Adjustment required for Asset Rollback Depreciation for entire Book Create Adjustment Run Depreciation .

R12 New Feature Asset Book Adjustment required for Asset Run Depreciation Create Adjustment Automatic Rollback of Depreciation for asset Run Depreciation (Adjusted asset) .RollBack .

Automatic Depreciation Rollback  Conditions for Automatic Rollback: • Depreciation processed for the period and • The period is not closed  Adjusted Asset depreciated in next depreciation run.  Rollback Depreciation program (R11i) is now obsolete .

Automatic Preparation of Mass Additions .

 Auto populate required fields such as Expense Account.  New Concurrent Program: Prepare Mass Additions . Asset Category etc.  Use default rule or use custom extension.Automatic Preparation Mass Additions  Auto Prepare Mass addition lines to avoid manual intervention.

Automatic Preparation Mass Additions Choice of 3 types of rules to Prepare Mass Additions: Use Default Use Custom Use Custom Energy .

• Custom Rule: Rule defined in API FA_MASSADD_PREPARE_PKG • Custom Energy: Energy industry custom rule – Asset Category derived from Asset Clearing Account if one to one match is . by replacing natural account segment.Automatic Preparation Mass Additions Mass Addition Rules • Default Rule : available – Expense account derived from Asset clearing account.

Enhanced Functionality for Energy Industries .

– Custom Energy Industry rule for Automatic creation of assets through Mass Additions.Enhanced Functionality for Energy Industry – Units of Production method now allowed for Group Assets. .

000 Capacity: 9 million barrels Year 2 Repair/ Refurbishment $ 50.UOP method for Group Assets Group Asset Year 1 Acquisition of Rig • Cost = $100.000 Capacity: 12 million barrels .000 • Life = 14 yrs • Capacity: 18 million barrels Year 4 Repair/ Refurbishment $ 75.

UOP Method for Group Assets • New Energy Units of Production Method for Group Assets Depreciation amount = Net Book Value x ( Production for the Period / Net Remaining Production Capacity) Net Remaining Production Capacity = Total Capacity – Production used to date .

Uptake of Subledger Accounting Architecture .

Adjustments. Unplanned Depreciation etc.  Transactions in Assets are denoted by different Event Classes.  Event Classes are grouped into the following Event entities:  Transactions: Additions.SLA Uptake  Oracle Assets fully integrated with Subledger Accounting. Capitalizations. Reclassification.  Deferred Depreciation: Deferred Depreciation. Retirements.  Inter Asset Transfers: Source Line transfers.  Depreciation : Depreciation & Depreciation Rollback. Reserve Transfers etc. . Unit Adjustments.

SLA Uptake  Users can use the seeded Account Derivation definitions or modify them.     FA: Use Workflow Account Generation = Yes Create Journal Entries replaced by Create Accounting program. Account Drilldown report replaced by SLA Account Analysis report . SLA options in the Menu for online enquiry.  Continue to support Account Generator functionality for existing Asset Books.

Viewing transaction events in SLA .

Reporting Using XML Publisher .

Reporting using XML publisher – Major Asset Transaction reports modified to support XML publisher. – Users can modify seeded templates or use new templates to view report output. .

Reporting using XML publisher  XML reporting is available for major Asset Transaction reports:              Asset Transfers Report Transaction History Report Asset Reclassification Report Mass Additions Create Report Cost Adjustment Report Cost Summary Report CIP Summary Report Reserve Summary Journal Entry Reserve Ledger Asset Additions Report CIP Capitalization Report Mass Additions Posting Asset Retirements .

Reporting using XML publisher Change report output Format to XML (in System Administrator responsibility > Concurrent program definition) .

Report showing Text Output .

Report using XML output .

org .OracleERP.Join our growing Network at www.

You're Reading a Free Preview

/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->