Course Topics:
Overview of Oracle Asset Management
• E-Business Suite Integration
• Implementation Considerations for Oracle Financials
• Oracle Assets Setup Steps
• Implementing Oracle Assets
• Adding Assets Manually
• Mass Asset Additions
• Acquire and Build CIP Assets
• Reconciling Data in Oracle Assets
Asset Controls Setup
• Oracle Assets Setup Steps
• Setup Steps Flow
• Setting Up Key Flexfields
• Location Key Flexfield
• Creating Key Flexfield Combinations
• Specifying System Controls
• Setting Up Asset Calendars
• Maintaining an Audit Trail
Asset Books
• Asset Books Regions
• Calendar Region
• Accounting Rules Region
• Organizations and Security by Book
• Security by Book Setup Steps
• Troubleshooting Security by Book
• Implementation Considerations for Security by Book
Asset Categories
• Asset Categories Positioning
• Asset Categories Regions
• Asset Categories Setup
Manual Asset Additions
• Asset Life Cycle
• Adding Assets Manually
• Detailed Asset Additions
• Asset Cost Terminology
• Accumulated Depreciation Considerations
• Manual Asset Additions Journal Entries
Mass Asset Additions
• Mass Asset Additions Process
• Using the Mass Additions Interface Table
• Tracking Expensed Items in Oracle Assets
• Changing Asset Information
• Accounting for Cost Adjustments
• Purge Mass Additions
• Creating Assets Using ADI
• ADI Upload to Oracle Assets
CIP Asset Additions
• Adding and Capitalizing a CIP Asset
• Acquire and Build CIP Assets
• Automatically Adding CIP Assets to Tax Books
• Modifying the Cost of CIP Assets
• Recording a CIP Asset Addition
• Capitalizing a CIP Asset
• Reversing a Capitalized Asset
• CIP Assets and Oracle Projects
Asset Adjustments and Maintenance
• Single Asset Reclassification
• Mass Reclassification
• Inheriting Depreciation Rules
• Choosing to Expense or Amortize Depreciation Adjustments
• Amortizing Adjustments Using a Retroactive Start Date
• Asset Revaluation
• Performing Physical Inventory
• Physical Inventory Reconciliation
Depreciation
• Elements of Depreciation
• Depreciation Setup Areas
• Basic Depreciation Calculation
• Depreciation Methods
• Entering Production Information
• Prorate Conventions
• Run Depreciation Process
• Depreciation Forecasts
Asset Accounting
• Setting Up Asset Accounting
• Assets Journal Entries Flow
• Account Generator
• Reconciling Data in Oracle Assets
• Generating Reports to Reconcile to the General Ledger
Asset Inquiry and Reporting
• Viewing Asset Information Online
• Types of Asset Inquiries
• Asset Inquiry Options
• iAssets Search for Assets
• iAssets Setup Steps
• iAssets Setup Steps-Rules
• iAssets Setup Steps-Profile Options
• Oracle Assets Reporting
Tax Accounting
• Creating a Tax Book
• Prerequisites for Setting Up Tax Book Asset Categories
• Entering Information in Tax Books
• Updating a Tax Book Manually
• Tax Book Upload Interface
• Deferred Depreciation
• Adjusting Accumulated Depreciation
• General Tax Reports