Oracle Fixed Assets

Release 12 Migration

Copyright 2007, Oracle. All rights reserved.

Objectives

After completing this module you should be able to: Describe and use the new features in Release 12 of Oracle Assets Set up the new features in Release 12 of Oracle Assets

1-2

Copyright 2007, Oracle. All rights reserved.

Agenda

Sub Ledger Accounting Architecture and Inquiries Enhanced Mass Additions for Legacy conversions Automatic Preparation of Mass Additions Flexible Reporting using XML publisher Automatic depreciation rollback Enhanced functionality for Energy industry

1-3

Copyright 2007, Oracle. All rights reserved.

Agenda

Sub Ledger Accounting Architecture and Inquiries Enhanced Mass Additions for Legacy conversions Automatic Preparation of Mass Additions Flexible Reporting using XML publisher Automatic depreciation rollback Enhanced functionality for Energy industry

1-4

Copyright 2007, Oracle. All rights reserved.

Subledger Accounting Architecture Description

SLA Oracle Assets is fully integrated with SLA, which is a common accounting platform for Sub Ledgers You can use the seeded Account Derivation definitions or modify them as required SLA supports Account Generator functionality for existing Asset Books Supports new SLA Accounting report and online account inquiry

1-5

Copyright 2007, Oracle. All rights reserved.

Subledger Accounting Architecture Benefits

Enables compliance with multiple legislative, industry or geography requirements concurrently in a single instance through configurable rules Increase transparency and enable full auditability of the transaction and accounting data through the new data model

1-6

Copyright 2007, Oracle. All rights reserved.

Subledger Accounting Process

PROCESS

View Journals in SLA inquiry Enter Transactions in Oracle Assets

Drill down from Journal To Asset

Run the Create Accounting Program

Automated process

1-7

Copyright 2007, Oracle. All rights reserved.

Subledger Accounting Architecture Summary

SLA is a new common accounting architecture that: Provides improved accounting reporting and analysis Supports multiple accounting requirements concurrently in a single instance through configurable rules Oracle Assets is fully integrated with Oracle Subledger Accounting for creating Journal Entries, Account drill down and Inquiry.

1-8

Copyright 2007, Oracle. All rights reserved.

Guided Demonstration 1 Overview: Performing Asset Inquiries

This guided demonstration covers the following topics: Performing Asset Inquiries

1-9

Copyright 2007, Oracle. All rights reserved.

Practice 1 Overview: Performing Asset Inquiries

This practice covers the following topics: Perform a Financial Information Inquiry Investigate an Asset Transaction Perform Inquiries in Oracle Subledger Accounting

1 - 10

Copyright 2007, Oracle. All rights reserved.

Subledger Accounting Setup

SETUP

Compile the Application Accounting Definition

Complete the accounting Setup flow

1 - 11

Copyright 2007, Oracle. All rights reserved.

Agenda

Sub Ledger Accounting Architecture and Inquiries Enhanced Mass Additions for Legacy conversions Automatic Preparation of Mass Additions Flexible Reporting using XML publisher Automatic depreciation rollback Enhanced functionality for Energy industry

1 - 12

Copyright 2007, Oracle. All rights reserved.

Enhanced Mass Additions for Legacy Conversions Description

Many attributes have been added to the FA MASSADDITIONS interface table, including:
Asset life Depreciation method Prorate convention Bonus rule Ceiling name Depreciation limit

1 - 13

Copyright 2007, Oracle. All rights reserved.

Enhanced Mass Additions for Legacy Conversions Description

Oracle Web Applications Desktop Integrator (Web ADI) has been enhanced to support the following new columns:
Depreciation Method Life in Months Basic Rate Adjusted Rate Prorate Convention Bonus Rule Depreciation Limit Type

1 - 14

Copyright 2007, Oracle. All rights reserved.

Guided Demonstration 2 Overview: Adding Assets Using Web ADI

This guided demonstration covers the following topics: Create a New Spreadsheet in Web ADI Upload Assets to Interface

1 - 15

Copyright 2007, Oracle. All rights reserved.

Practice 2 Overview: Adding Assets Using Web ADI (Optional)

This practice covers the following topics: Creating an Asset Worksheet in Web ADI Adding Asset Data Using the Asset Worksheet Created Uploading Worksheet and Post to Oracle Assets

1 - 16

Copyright 2007, Oracle. All rights reserved.

Enhanced Mass Additions for Legacy Conversions Benefits

Customers can populate the values directly Legacy conversion can be completely automated
Values can now be imported directly from your legacy system, instead of being derived from asset category setups

1 - 17

Copyright 2007, Oracle. All rights reserved.

Implementation Considerations

Security---who is allowed to use Mass Additions using Web ADI?

1 - 18

Copyright 2007, Oracle. All rights reserved.

Agenda

Sub Ledger Accounting Architecture and Inquiries Enhanced Mass Additions for Legacy conversions Automatic Preparation of Mass Additions Flexible Reporting using XML publisher Automatic depreciation rollback Enhanced functionality for Energy industry

1 - 19

Copyright 2007, Oracle. All rights reserved.

Automatic Preparation of Mass Additions Description

Mass Additions: Consist of default rules and Public APIs that can be used by customers to complete the preparation of mass addition lines automatically Auto populate required fields such as Expense Account, Asset Category, and others

1 - 20

Copyright 2007, Oracle. All rights reserved.

Automatic Preparation of Mass Additions Benefits

Avoid manual intervention during the Mass Additions prepare process Avoid customization and use public APIs to effect custom business logic

1 - 21

Copyright 2007, Oracle. All rights reserved.

Automatic Preparation of Mass Additions Process

PROCESS

Interface Mass Addition Lines from AP or Other system

Run the Prepare Mass Additions Concurrent Program

1 - 22

Copyright 2007, Oracle. All rights reserved.

Automatic Preparation of Mass Additions Process

To process mass addition lines: 1. Interface Mass Additions Lines from Accounts Payable or any other system 2. Run the Prepare Mass Additions Program 3. Optionally verify Mass Additions data 4. Post Mass Additions

1 - 23

Copyright 2007, Oracle. All rights reserved.

Guided Demonstration 3 Overview: Automatic Preparation of Mass Addition Lines

This guided demonstration covers the following topics: Creating a Value for a Minor Category Creating a Natural Account Creating an Asset Category Setting Up Mass Additions Line Rules Creating an Invoice in Oracle Payables Creating Mass Additions Lines Running the Prepare Mass Additions Program Posting Mass Additions

1 - 24

Copyright 2007, Oracle. All rights reserved.

Automatic Preparation of Mass Additions Setup

SETUP

Set up Quickcodes

1 - 25

Copyright 2007, Oracle. All rights reserved.

Automatic Preparation of Mass Additions Setup Quickcodes

Rules to Prepare Mass Additions:
Value Description
The Asset Category is derived based on the Asset Clearing Account if there is a one to one match in the Asset Category setup. The Expense account is derived based on the Clearing Account by replacing the natural account segment from the Asset Category. The Prepare Mass Additions program will use the custom logic coded in the Public API Energy industry specific custom rule.

Use Default

Use Custom Use Custom Energy

1 - 26

Copyright 2007, Oracle. All rights reserved.

Agenda

Sub Ledger Accounting Architecture and Inquiries Enhanced Mass Additions for Legacy conversions Automatic Preparation of Mass Additions Flexible Reporting using XML publisher Automatic depreciation rollback Enhanced functionality for Energy industry

1 - 27

Copyright 2007, Oracle. All rights reserved.

Flexible Reporting Using XML Publisher Description

Major Asset Transaction reports have been modified to support XML publisher You can modify or use new templates to view report output

1 - 28

Copyright 2007, Oracle. All rights reserved.

Flexible Reporting Using XML Publisher Description

XML reporting is available for the following asset reports:
Asset Transfers Report Transaction History Report Asset Reclassification Report Mass Additions Create Report Cost Adjustment Report Cost Summary Report CIP Summary Report Reserve Summary Journal Entry Reserve Ledger Asset Additions Report CIP Capitalization Report Mass Additions Posting Asset Retirements

1 - 29

Copyright 2007, Oracle. All rights reserved.

Benefits

You can customize report output by modifying seeded templates or by using new templates

1 - 30

Copyright 2007, Oracle. All rights reserved.

Flexible Reporting Using XML Publisher Setup

Set up Procedure: 1. Query up the concurrent program as system administrator 2. Change the output format to XML 3. Once the output is flagged as XML, submit concurrent request

1 - 31

Copyright 2007, Oracle. All rights reserved.

Flexible Reporting Using XML Publisher Example XML Output

1 - 32

Copyright 2007, Oracle. All rights reserved.

Agenda

Sub Ledger Accounting Architecture and Inquiries Enhanced Mass Additions for Legacy conversions Automatic Preparation of Mass Additions Flexible Reporting using XML publisher Automatic depreciation rollback Enhanced functionality for Energy industry

1 - 33

Copyright 2007, Oracle. All rights reserved.

Automatic Depreciation Rollback Description

Depreciation is rolled back automatically by the system when any transaction is performed on an asset if the following conditions are met: Depreciation has been processed in that period and The period is not closed

1 - 34

Copyright 2007, Oracle. All rights reserved.

Automatic Depreciation Rollback Benefits

You are no longer required to run the depreciation rollback program manually Depreciation rollback is executed only on select assets as required and not on the entire Asset Book

1 - 35

Copyright 2007, Oracle. All rights reserved.

Agenda

Sub Ledger Accounting Architecture and Inquiries Enhanced Mass Additions for Legacy conversions Automatic Preparation of Mass Additions Flexible Reporting using XML publisher Automatic depreciation rollback Enhanced functionality for Energy industry

1 - 36

Copyright 2007, Oracle. All rights reserved.

Enhanced Functionality for Energy Industry Description

Energy Units of Production Method for Group Assets
Allow Production method for Group Assets Allow Production upload to Group Assets

Energy Straight line Method

Depreciation calculation formula is: Net Book Value/Remaining Life

1 - 37

Copyright 2007, Oracle. All rights reserved.

Practice 3 Overview: Setting Up Group Assets (Optional)

This practice covers the following topics: Creating a Group Asset Assigning a Member Asset to a Group Asset

1 - 38

Copyright 2007, Oracle. All rights reserved.

Summary

In this module, you should have learned how to: Describe and use the new features in Release 12 of Oracle Assets Set up the new features in Release 12 of Oracle Assets

1 - 39

Copyright 2007, Oracle. All rights reserved.