Oracle R12 Fixed Assets Changes From 11i

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Presentation that explains all the delta changes in Oracle R12 from 11i.

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  • after retire the assets i dont want see in Reports also. can any body plz give the in formation how to do
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  • This information is quite useful. Nicely summarized and presented.

    Thanks

    Ajay Sayta
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  • Thanks for the presentation. Now embedded at UK Community for Oracle - UKOCN

    http://www.ukocn.com/forums/oracle-financials/financials-white-papers-and-presentations/oracle-r12-fixed-assets-changes-1
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Oracle R12 Fixed Assets Changes From 11i

  1. 1. R12 Fixed Assets Overview
  2. 2. New and Changed Features in R12  Process Efficiency • Enhanced Mass Additions for Legacy conversions • Automatic Depreciation Rollback • Automatic Preparation of Mass Additions  Industry Enhancements • Enhanced Functionality for Energy Industry  Flexible Accounting  Uptake of Subledger Accounting Architecture  Flexible Reporting • Reporting using XML publisher
  3. 3. Enhanced Mass Additions
  4. 4. Mass Additions Process in 11i Oracle Payables Oracle ADI Projects FA Mass Additions Legacy System Review Mass Additions Asset Category to Default asset depreciation FA Asset Books rules
  5. 5. R12 Enhanced Mass Additions R12 New Features New attributes added to FA_MASS_ADDITIONS • Asset Life • Depreciation Method • Prorate Convention • Bonus Rule • Allowed Depreciation limit • Allowed Depreciation limit amount • Salvage type • Percent salvage value Web ADI Mass Additions template enhanced to include new columns
  6. 6. Enhanced Mass Additions Legacy conversions Web ADI template for Asset Mass additions enhanced to add additional columns New columns added
  7. 7. Automatic Depreciation Rollback
  8. 8. Roll Back Process in 11i Asset Book Rollback Run Adjustment Depreciation Create Depreciation required for for entire Adjustment Asset Book Run Depreciation
  9. 9. RollBack - R12 New Feature Asset Adjustment Book required for Asset Automatic Run Create Rollback of Depreciation Adjustment Depreciation for asset Run Depreciation (Adjusted asset)
  10. 10. Automatic Depreciation Rollback  Conditions for Automatic Rollback: • Depreciation processed for the period and • The period is not closed  Adjusted Asset depreciated in next depreciation run.  Rollback Depreciation program (R11i) is now obsolete
  11. 11. Automatic Preparation of Mass Additions
  12. 12. Automatic Preparation Mass Additions  Auto Prepare Mass addition lines to avoid manual intervention.  Auto populate required fields such as Expense Account, Asset Category etc.  Use default rule or use custom extension.  New Concurrent Program: Prepare Mass Additions
  13. 13. Automatic Preparation Mass Additions Choice of 3 types of rules to Prepare Mass Additions: Use Default Use Custom Use Custom Energy
  14. 14. Automatic Preparation Mass Additions Mass Addition Rules • Default Rule : – Asset Category derived from Asset Clearing Account if one to one match is available – Expense account derived from Asset clearing account, by replacing natural account segment. • Custom Rule: Rule defined in API FA_MASSADD_PREPARE_PKG • Custom Energy: Energy industry custom rule
  15. 15. Enhanced Functionality for Energy Industries
  16. 16. Enhanced Functionality for Energy Industry – Units of Production method now allowed for Group Assets. – Custom Energy Industry rule for Automatic creation of assets through Mass Additions.
  17. 17. UOP method for Group Assets Group Asset Year 1 Acquisition of Rig • Cost = $100,000 • Life = 14 yrs • Capacity: 18 million barrels Year 4 Year 2 Repair/ Refurbishment Repair/ Refurbishment $ 75,000 $ 50,000 Capacity: 9 million barrels Capacity: 12 million barrels
  18. 18. UOP Method for Group Assets • New Energy Units of Production Method for Group Assets Depreciation amount = Net Book Value x ( Production for the Period / Net Remaining Production Capacity) Net Remaining Production Capacity = Total Capacity – Production used to date
  19. 19. Uptake of Subledger Accounting Architecture
  20. 20. SLA Uptake  Oracle Assets fully integrated with Subledger Accounting.  Transactions in Assets are denoted by different Event Classes.  Event Classes are grouped into the following Event entities:  Transactions: Additions, Adjustments, Capitalizations, Reclassification, Retirements, Unit Adjustments, Unplanned Depreciation etc.  Depreciation : Depreciation & Depreciation Rollback.  Inter Asset Transfers: Source Line transfers, Reserve Transfers etc.  Deferred Depreciation: Deferred Depreciation.
  21. 21. SLA Uptake  Users can use the seeded Account Derivation definitions or modify them.  Continue to support Account Generator functionality for existing Asset Books.  FA: Use Workflow Account Generation = Yes  Create Journal Entries replaced by Create Accounting program.  SLA options in the Menu for online enquiry.  Account Drilldown report replaced by SLA Account Analysis report
  22. 22. Viewing transaction events in SLA
  23. 23. Reporting Using XML Publisher
  24. 24. Reporting using XML publisher – Major Asset Transaction reports modified to support XML publisher. – Users can modify seeded templates or use new templates to view report output.
  25. 25. Reporting using XML publisher  XML reporting is available for major Asset Transaction 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
  26. 26. Reporting using XML publisher Change report output Format to XML (in System Administrator responsibility > Concurrent program definition)
  27. 27. Report showing Text Output
  28. 28. Report using XML output
  29. 29. Join our growing Network at www.OracleERP.org

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