Oracle Assets Command Center

Author: AllahBaksh
Creation Date: 12-Aug-2020
Last Updated: 19-Aug-2020
Version: 1.0

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12-Aug-2020 AllahBaksh Shaik 1.0 Initial Version

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Vaishali Karanth Done

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Company Confidential - For internal use only Document Control ii

 Contents

1 Introduction ................................................................................................. 4
1.1 About This Document ..............................................................................4
1.2 Scope ………………………………………………………………………………… .................4
1.3 About Assets Command Center ...............................................................4
2 Prerequisite ................................................................................................. 5
3 Key Benefits ................................................................................................. 6
4 Functionalities ............................................................................................. 7
4.1 Dashboards Refinements .........................................................................8
4.1.1 Refinements..................................................................................8
4.2 Asset Reconciliations ...............................................................................9
4.3 Asset Cost Dashboard ............................................................................10
4.4 Asset Aging Dashboard ..........................................................................11
4.5 Asset Location Dashboard .....................................................................12
4.6 Asset Mass Transactions Dashboard .....................................................13
4.7 Asset Pipeline Dashboard ......................................................................14
5 Data Integrity and Refresh ......................................................................... 15
6 References ................................................................................................. 16
7 Known Issues ............................................................................................. 17

Company Confidential - For internal use only Contents iii

1 Introduction
1.1 About This Document
The purpose of this document is to demonstrate functionalities/features available in Oracle Fixed
Assets Command Center and usage of each Dashboard related to Assets.

1.2 Scope
Scope of this white paper is to provide:
 Overview of Enterprise Command center
 Key benefits of Assets Command Center
 Functionality of Oracle Assets Command center
 Explain data Integration & Refresh process

Enterprise Command center is a hybrid search-analytical database. It organizes complex and varied
data from disparate source systems into a flexible data model that reduces the need for upfront
modeling. Through its flexible data model, columnar storage, and in memory analytics, it unifies
search, navigation, and analytics to deliver fast answers on structured and unstructured data.

Enterprise Command center is a BI platform providing data extraction and integration, the hybrid
search/analytic in-memory Oracle Information Discovery Server, and web-based dashboard. This
applications take a search-first approach to data exploration, providing simple but powerful query tools
to discover and spot trends across structured, semi-structured and unstructured data sources

Note: The current document explains functionalities with respect to ECC V4.

1.3 About Assets Command Center

Enterprise application users have access to millions of transaction records and attached documents,
yet they are unsure of what to work on next. While there are screens for entering and querying data,
there is little to guide users to today’s most important business challenges. Users typically rely on IT-
produced reports or custom inquiry screens to identify operational problems and exceptions such as
Unprocessed Assets, Asset Reconciliation etc... But these reports often reflect stale data and fail to
reveal root causes. Users need a way to quickly identify and act on today’s most important business
challenges.

Oracle Enterprise Command Center (ECC) extends the owning Oracle E-Business Suite application
with discovery-oriented dashboards that bring together diverse operational data from across Oracle
E-Business Suite. With tools and visualizations such as actionable indicators, tag clouds, interactive
charts, and consumer-like search and filters, users can browse and drill on whatever engages their
attention. With each drilldown or search refinement, the entire interface recomputed, revealing new
information on which to base next discovery steps. Through this “conversation with the data”, users
narrow in on today’s most important business challenges, all without predefined navigation paths,
structured queries, or operational reports.

Oracle Assets Command Center uses the Oracle Enterprise Command Center Framework to help you
analyze and act on current asset-related data from across your enterprise. Improve your decision
making and maximize operational efficiency with the sophisticated guided navigation and powerful
search capability of the command center. Identify operational issues through metrics, graphs, and tag
clouds, and take immediate action by drilling down directly to the underlying business processes in
Oracle Assets.

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2 Prerequisite

The prerequisites for implementing the Oracle Assets Command Center is

 Application version 12.2.4

 Is available from Version 3 (V3) of ECC

For more information on how to implement ECC refer Doc ID 2495053.1

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3 Key Benefits
As a fixed assets manager or fixed assets accountant, use the Assets Command Center to:

 Speed up period close.

o Reconcile Oracle Assets and Oracle General Ledger accounting discrepancies.
o Clear pending revalue, reclassify, and transfer transactions, and more.
 Forecast and manage capitalization events.
o Assess impact on key financial indicators.
o Monitor capitalization spending.
 Increase asset utilization.
o Resolve asset utilization, assignment, and location discrepancies.
o Address data quality issues.

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4 Functionalities

The Assets Command Center includes the following dashboards:

o Asset Reconciliations: Use this dashboard to investigate and correct discrepancies

between asset cost accounts in Oracle General Ledger (GL) and in Oracle Subledger
Accounting (SLA). See Asset Reconciliation Dashboard for more information.

o Asset Cost: Use this dashboard to analyze asset costs for major and minor categories. The
dashboard displays an overview of asset costs and accumulated depreciation by category.
See Asset Cost Dashboard for more information.

o Asset Aging: Use this dashboard to search for assets and to view asset aging. The
dashboard provides useful asset life information for all assets depreciated by the base-life
method. See Asset Aging Dashboard for more information.

o Asset Location: Use this dashboard to track fixed assets across all locations and employee
assignments, and to detect discrepancies in cost center assignments. The actionable links in
this dashboard help you execute asset transfers and assignments in Oracle Assets to
resolve missing assignments or mis-allocated resources. See Asset Location Dashboard for
more information.

o Asset Mass Transactions: Use this dashboard to gain insight into pending transactions,
such as mass additions, mass reclassifications, mass revaluations, and mass transfers. It
provides actionable links to Oracle Assets for the fixed assets accountant to ensure that all
pending transactions are processed on time to close asset books. See Asset Mass
Transactions Dashboard for more information.

o Asset Pipeline: Use this dashboard to check all additions pipeline that exist in Oracle
Payables and Oracle Projects that affect asset costs. See Asset Pipeline Dashboard for
more information.

The Asset Command can be accessed in EBS using below Navigation (Example)

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4.1 Dashboards Refinements
Use the dashboard sidebar to refine (filter) the data on each dashboard. You can select a value or
record from the Available Refinements component, or use Search to find a keyword, a value, or a
specific record. The type-ahead feature suggests matches for your entry that correspond to the
available refinements. When you submit a search, the search term is added to the Selected
Refinements list, and the dashboard data is refined to include only records that match the search.
You can add multiple refinements and remove any of them at any time. Use Saved Search to create
and save your search. You can edit, delete, or refer to this saved search. You can also use data sets
to further refine your search.
Use an asterisk (*) or percent (%) to perform a partial keyword or record search that matches any
string of zero or more characters. You can also use a question mark (?) to perform a partial search
that matches any single character.
Additional Information: For more information about searching for and refining data in enterprise
command centers, see "Search" in Highlights of an Enterprise Command Center, Oracle E-Business
Suite User's Guide.

4.1.1 Refinements
Each Dashboard page has its own refinements, in other words filtering, fields which are used to
drilldown to required specific details.

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4.2 Asset Reconciliations
The Asset Reconciliations dashboard displays an overview of and visibility into all asset cost
accounts balances. Account balances for Oracle Assets and Oracle General Ledger appear side by
side to help you identify in asset cost accounts. Further, this dashboard enables you to analyze data
using asset metrics, charts, graphs, and tables.

Use the Asset Reconciliations dashboard to:

 Reconcile the year-to-date activities.

 Find discrepancies between Fixed Assets and General Ledger balances.

 Minimize errors and increase accuracy of financial statements.

From the Fixed Assets Manager responsibility, navigate to the Asset Reconciliations dashboard:

(N) Assets Command Center > Asset Reconciliations

 Book Controls – Refinement Metrics against which Dashboard representing data.

 Accounts Reconciliation – Graphical representation of balances reconciled (SLA vs GL)

 Aggregate table – Details of balances SLA vs GL

 Balance Details – Details of assets level accounting SLA vs GL

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4.3 Asset Cost Dashboard
The Asset Cost dashboard displays an overview of asset cost and accumulated depreciation by
category. You can view asset cost metrics, asset cost charts, and results tables.

Use the Asset Cost dashboard to:

 Gain visibility into all financial transactions affecting asset value.

 Discover incorrect classification of assets across categories.

 Take action to resolve discrepancies, correctly categorize assets, and analyze root causes
of inaccuracies.

From the Fixed Assets Manager responsibility, navigate to the Asset Cost dashboard:

(N) Assets Command Center > Asset Cost

Within the Asset Cost dashboard, you can track asset costs and accumulated depreciation balance
by major category. Further, this dashboard enables you to analyze data using asset metrics, charts,
graphs, and tables.

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4.4 Asset Aging Dashboard
The Asset Aging dashboard displays aging assets and useful asset life information. You can view
asset aging metrics, charts, and results tables.

Use the Asset Aging dashboard to:

 Analyze asset remaining life.

 Verify asset cost, depreciated, and net book value.

 Take action to submit a work request or a new purchase requisition, or perform mass
retirement.

From the Fixed Assets Manager responsibility, navigate to the Asset Aging dashboard:

(N) Assets Command Center > Asset Aging

Within the Asset Aging dashboard, you can track asset aging and useful asset life information by
category. You can also analyze data using asset aging metrics, charts, graphs, and results tables.

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4.5 Asset Location Dashboard
The Asset Location dashboard displays assets by location or by employees assigned to asset
groups. You can view asset location metrics, charts, and results tables.

Use the Asset Location dashboard to:

 Track fixed assets across all locations.

 Explore assignments to employees.

 Detect discrepancies in cost center assignments.

 Take action to resolve missing assignments or incorrect allocation of resources.

From the Fixed Assets Manager responsibility, navigate to the Asset Location dashboard:

(N) Assets Command Center > Asset Location

Within the Asset Location dashboard, you can select the ledger and asset book to check the
location or assignment of a specific asset or group of assets. You can analyze data using asset
location metrics, charts, graphs, and results tables.

The dashboard describes self-understandable details related to asset assignments to

locations/Employee.

The “Unassigned Assets” tab lists details of assets not assigned to any location/Employee. One can
get view this information, alternatively, by clicking on “Unassigned Assets” in “Employee
Assignments” section.

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4.6 Asset Mass Transactions Dashboard
The Asset Mass Transactions dashboard helps fixed assets accountants find pending transactions
and take required actions. You can view pending transaction metrics, charts, and results tables.

Use the Asset Mass Transactions dashboard to:

 Explore pending transactions across mass additions and transactions.

 Reflect pending transactions accurately and in a timely fashion.

 Take action to close asset books.

From the Fixed Assets Manager responsibility, navigate to the Asset Mass Transactions dashboard:

(N) Assets Command Center > Asset Mass Transactions

Within the Asset Mass Transactions dashboard, you can track pending transactions and take
required actions. Further, you can analyze data using asset metrics, charts, graphs, and tables.

The refinement Attributes are provided to drill data based on source, supplier, addition year etc…

The pending Additions and pending transaction provide details of Prepare mass additions that are
pending for processing.

The information under Pending Addition Lines details information on Status, Invoice, cost etc…

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4.7 Asset Pipeline Dashboard
The Asset Pipeline dashboard identifies all pending transactions that exist in Oracle Payables and
Oracle Projects that affect asset costs.

Use the Asset Pipeline dashboard to identify:

 Ledger details that include ledger name, operating unit, functional currency, and count of
pending invoices and projects.

 Total pending additions by account description.

 Total amounts.

 Additions pipeline details (invoices, projects).

From the Fixed Assets Manager responsibility, navigate to the Asset Pipeline dashboard:

(N) Assets Command Center > Asset Pipeline

Within the Asset Pipeline dashboard, you can check the additions pipeline using metrics, graphs,
and results tables.

Pending Invoice lines provides details of invoices that are yet to be processed to Assets and likewise
Project transaction details when Projects tab selected under Additions Pipeline

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5 Data Integrity and Refresh
Data load and refreshment can be performed by navigating to ECC Administrator Responsibility >
Submit request

This concurrent program has below parameter

Application Name – Since we are running the data load for Fixed Assets, enter Assets

Data Set – If we want to refresh the data for a specific data set, select the same. If all the data set
needs to be refreshed, then it can be left blank.

Load Type – This parameter has three options

 Full_load - This deletes all existing data, initializes the data store, and loads all data once
again.

 Increamental_load - This will update all the records in the “FA” data domain, which were
updated in EBS after the last load

 Metadata_load – Should be used only once initially to load the interface behaviors

Company Confidential Data Integrity and Refresh 15 of 17

6 References
The below are references for Assets Command Center:

1. Assets Command Center Implementation guide.

https://docs.oracle.com/cd/E26401_01/doc.122/e48755/T293142T672050.htm

2. Assets Command Center User guide

https://docs.oracle.com/cd/E26401_01/doc.122/e48755/T293142T672051.htm

3. ECC Installation Doc ID 2495053.1

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7 Known Issues

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