Asset Management Fundamentals

 Asset Management Fundamentals

• Role of Fixed Assets within Oracle Financials
• Understanding setup of Books and Categories
• View financial information per asset
• View transaction history per asset
• Manually add individual assets and using Asset Workbench
• Prepare Mass Addition information
• Post Mass Addition information to Asset Tables to create assets
• Delete Mass Addition information from Mass Additions Table
• Transfer assets on mass between expense accounts, locations and employees
• Source line transfer
• Perform Mass Changes to asset financial information
• Perform a Mass Revaluation of assets
• Retire assets on mass
• Reclassify assets by category, on mass
• Run depreciation per depreciation book
• Run Calculate Gains and Losses request after retire assets
• Perform What-if Analysis based on real/hypothetical data
• Rollback (reverse) depreciation per depreciation book
• Perform individual tax reserve adjustments on assets
• Run Initial Mass Copy to populate tax books
• Run Periodic Mass Copy to periodically update tax books
• Perform Mass Depreciation Adjustments per tax book
• Create Deferred Depreciation journal entries on a tax book, to General Ledger
• Create Standard journal entries to General Ledger
• Rollback (reverse) journal entries per depreciation book