Oracle Asset Management

Session 8: ASSET ADJUSTMENTS

• Asset Adjustment Overview
• Single Asset Reclassification
• Mass Reclassification
• Inheriting Depreciation Rules
• Mass Transactions Process
• Adjusting Units
• Adjusting Financial Information
• Expense Or Amortise Depreciation Adjustments
• Using Mass Changes
• Single Asset Transfers
• Mass Asset Transfers
• Performing Physical Inventory
• Entering Physical Inventory
• Physical Inventory Comparison
• Physical Inventory Reconcilliation
• Integrating ADI With Physical Inventory

Session 9: DEPRECIATION

• Elements Of Depreciation
• Basic Depreciation Calculation
• Depreciation Methods
• Using The Life-Based Method
• Using The Flat-Rate Method
• Prorate Conventions
• Run Depreciation Process
• Depreciation Program Processes
• Rollback Depreciation
• Projecting Depreciation For An Asset
• Defining A Projection
• Depreciation Forecasts
• Using Depreciation Override
• Depreciation Reports

Session 10: ASSET RETIREMENTS

• Tracking Asset Retirements
• Overview Of Retiring An Asset
• Restrictions On Retirements And Reinstatements
• Fully Retiring Assets
• Partially Retiring Assets
• Mass Asset Retirements
• Reinstating Retired Assets
• Calculate Gains And Losses Program
• Retirement Processing Flow
• Processing A Pending Retirement And Reinstatement
• Calculating Depreciation For The Period Retired
• Recording Retirements And Reinstatements
• Retirement Reports

Session 11: ASSET ACCOUNTING

• Assets Journal Entries Flow
• Journal Entries Created
• Account Generator
• Default Account Generator Process For Oracle Assets
• Account Generator Example - Build Asset Cost Account
• Generating Reports To Reconcile To The General Ledger
• Reconciling Asset Cost Accounts
• Reconciling A CIP Cost Account
• Reconciling A Reserve Account
• Reconciling Depreciation Expense
• Reconciling Mass Additions

Session 12: ASSET ENQUIRY AND REPORTING

• Viewing Asset Information Online
• Asset Inquiries
• Viewing Financial Informaton
• Viewing Transaction History
• Oracle Assets Reporting
• Assets Reports Groupings

Session 13: TAX ACCOUNTING

• Creating a Tax Book
• Asset Books Regions
• Prerequisites For Setting Up Tax Book Asset Categories
• Entering Information In Tax Books
• Populating The Tax Book
• Updating A Tax Book Manually
• Deferred Depreciation
• Calculating Deferred Depreciation
• Adjusting Accumulated Depreciation
• Adjusting Depreciation Reserve
• Controlling Mass Depreciation Adjustment
• Calculating Mass Depreciation Adjustment
• Automatically Adding CIP Assets To Tax Books
• General Tax Reports
• Special Tax Reports
• Depreciation Adjustment Reports

Session 14: ASSET MANAGEMENT EXERCISES

• Create A Value For An Asset KFF Location
• Create A Location KFF Combination
• Add Quickcode Values
• Create An Assets Calendar
• Define An Asset Book
• Review Security By Book Set Up
• Add Asset Category KFF Values
• Define Asset Categories
• Add Asset Categories To An Asset Book
• Add An Asset Using Quick Additions
• Add An Asset Using Detail Additions
• Detailed Addition with Distribution Set
• Add An Asset With Multiple Assignments
• Create Mass Addition Lines
• Prepare Mass Addition Lines
• Post Mass Additions
• Add Assets Using ADI
• Create A CIP Asset And Add Costs
• Add A CIP Asset Cost Via Mass Additions
• Capitalize A CIP Asset
• Perform Single Asset Adjustments
• Perform A Mass Change
• Set Up A Physical Inventory
• Create And Compare A Physical Inventory In ADI
• Create A New Depreciation Method
• Create A Prorate Convention
• Run And Rollback Depreciation
• Run A Depreciation Projection
• Perform A Retirement And Reinstatement
• Create And Review Journal Entries
• Perform Asset Inquiries
• Define A Tax Asset Book
• Add Asset Categories To A Tax Book
• Perform An Initial Mass Copy
• Manually Add An Asset To A Tax Book
• Run Depreciation For A Tax Book