Oracle R12 Asset Management

Course Introduction

• Administration and Course Materials
• Course Structure and Agenda
• Delegate and Trainer Introductions

Session 1: OVERVIEW OF THE ORACLE ASSET MANAGEMENT PROCESS

• Overview of Oracle Assets
• Integration
• Assets Key Flexfields
• Implementing Assets
• Asset Books and Categories
• Adding Assets Manually
• Mass Asset Additions Process
• Adding and Capitalizing a CIP Asset
• Acquire and Build CIP Assets
• Asset Adjustments
• Physical Inventory
• Depreciation
• Calculating Depreciation
• Tracking Asset Retirements
• Assets Journal Entries
• Viewing Asset Information On-Line
• Assets Reporting
• Creating A Tax Book
• Entering Information In Tax Books

Session 2: ASSET CONTROLS SET UP

• Oracle Assets Setup Steps
• Setup Steps Flow
• Oracle Assets Key Flexfields
• Defining Key Flexfields
• Asset Category Key Flexfield
• Location Key Flexfield
• Asset Key Key Flexfield
• Creating Key Flexfield Combinations
• Specifying System Controls
• Quick Codes
• Defining Fiscal Years And Calendars
• Setting Up Fiscal Years
• Setting Up Asset Calendars
• Sharing Calendars
• Profile Options
• Maintaining Audit Trails

Session 3: ASSET BOOKS

• Asset Books Positioning
• Asset Books Regions
• Calendar Region
• Accounting Rules Region
• Natural Accounts Region
• Security By Book
• Organisations and Security By Book
• Use of Security By Book Within Process Flow
• Security By Book Set Up Steps
• Troubleshooting Security By Book

Session 4: ASSET CATEGORIES

• Asset Categories
• Asset Categories Set Up

Session 5: MANUAL ASSET ADDITIONS

• Adding Assets Manually
• Asset Additions Required Data
• Quick Additions
• Detail Asset Additions
• Asset Cost Terminology
• Depreciate Check Box Actions
• Detail Additions - Assignments and Source Lines Window
• Manual Asset Additions Journal Entries

Session 6: MASS ASSET ADDITIONS

• Mass Asset Additions Process
• Using The Mass Additions Interface Table
• Adding Assets From Invoice Distribution Lines
• The Mass Additions Process
• Mass Additions Create
• Requirements To Create Mass Addition Lines
• Tracking Expensed Items In Oracle Assets
• Other Mass Additions Considerations
• Prepare Mass Additions
• Mass Addition Queues
• Changing Asset Information
• Merging Mass Addition Lines
• Splitting Mass Addition Lines
• Adding A Mass Addition To An Existing Asset
• Accounting For Cost Adjustments Example
• Post Mass Additions
• Effect On Post Mass Additions On Queue Names
• Delete Mass Additions
• Purge Mass Additions
• Future Transactions
• View Pending Transactions

Session 7: CIP ASSET ADDITIONS

• Adding And Capitalising A CIP Asset
• Acquire And Build CIP Assets
• Automatically Adding CIP Assets To Tax Books
• Modifying The Cost Of CIP Assets
• Capitalising A CIP Asset
• Reversing A Capitalised Asset
• Recording A Capitalisation
  • Adding And Capitalising In The Same Period
  • Adding And Capitalising In Different Periods
• CIP Assets and Oracle Projects
• Capital Projects Flow Integration
• Creating Mass Additions From Oracle Projects
• Integrating Oracle Projects With Oracle Assets

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

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
• Projecting Depreciation for an Asset
• Defining a Projection
• Depreciation Forecasts
• Using Depreciation Override
• Depreciation Reports

Oracle R12 Asset Management Training Course