ORACLE FIXED ASSETS

R12 New Features

Objectives

• After completing this module you should be able to:

1) Describe and use the new feature in Release 12 of Oracle Assets.

2) Setup New feature in Release 12 of Oracle Assets.

AGENDA

• Sub Ledger Accounting Architecture and Inquires.

• Enhanced Mass Additions for Legacy Conversions.

• Flexible Reporting using XML Publishers.• Automatic Depreciation Rollback.• Enhanced Functionality for Energy Industry.

AGENDA

• Sub Ledger Accounting Architecture and Inquires.

• Enhanced Mass Additions for Legacy Conversions.

• Flexible Reporting using XML Publishers.• Automatic Depreciation Rollback.• Enhanced Functionality for Energy Industry.

SUBLEDGER ARCHITECTURE DESCRIPTION

• SLA• Oracle Assets is fully integrated with SLA, which is common Accounting

Platform for Sub Ledger.• You can use seeded Accounting Derivation Definition or modify as

required.• SLA support Accounting Generator Functionality for existing Assets Books.• Support new SLA Accounting report and Online Accounting Inquiry.• Enable compliance with multiple legislative, Industry and geography

requirement concurrently in a single instance through configurable rules.• Increase Transparency and enable full auditability of the transaction and

accounting data through new data model.

SUB LEDGER ACCOUNTING PROCESS

SUBLEDGER ACCOUNTING ARCHITECTURE SUMMARY

• SLA is a new common accounting architecture that:

• Support new SLA Accounting report and Online Accounting Inquiry.• Enable compliance with multiple legislative, Industry and geography

requirement concurrently in a single instance through configurable rules.• Oracle Assets if fully integrated with Oracle Sub ledger Accounting for

creating Journal entries, Accounting drill down and Inquiry.

SUB LEDGER ACCOUNTING SETUP

AGENDA

• Sub Ledger Accounting Architecture and Inquires.

• Enhanced Mass Additions for Legacy Conversions.

• Flexible Reporting using XML Publishers.• Automatic Depreciation Rollback.• Enhanced Functionality for Energy Industry.

ENHANCED Mass Additions for Legacy Conversion Descriptions.

• Many Attributes added to the Mass Additions interface table including :

1. Assets Life.2. Depreciation Methods.3. Pro rate Conventions.4. Bonus rule ceiling name.5. Depreciation Method.

ENHANCED Mass Additions for Legacy Conversion Descriptions.• Oracle Web Application Desktop Integrator (WEBADI) has

been enhanced to support the following new columns:1. Depreciation Methods2. Life in Months3. Basic Rate4. Adjusted Rate5. Prorate Convention6. Bonus Rule7. Depreciation Limit Type

ENHANCED Mass Additions for Legacy Conversion Descriptions.

• Customers can Populate values directly.• Legacy conversion can be completely

automated(Values can now be imported directly from your Legacy system, instead of derived from Category setup)

IMPLEMENTATION CONSIDERATION

• Security --- who is allowed to use Mass additions using WEBADI.

AGENDA

• Sub Ledger Accounting Architecture and Inquires.

• Enhanced Mass Additions for Legacy Conversions.

• Flexible Reporting using XML Publishers.• Automatic Depreciation Rollback.• Enhanced Functionality for Energy Industry.

AUTOMATIC PREPARATION OF MASS ADDITIONS DESCRIPTIONS

• Mass Additions:• Consist of default rule and public API’s that can be used by customers to

complete the preparation of Mass Additions lines automatically.• Auto Populate required fields like Expense Account, Asset Categories and

Others.• Avoid Manual Intervention during Mass Addition Prepare Process.• Avoid customization and use public API to effect Custom Business Logic.

AUTOMATIC PREPAREATION OF MASS ADDITIONS PROCESS

AUTOMATIC PREPAREATION OF MASS ADDITIONS PROCESS

• To Process Mass Additions Lines:1. Interface Mass Additions lines from Oracle

Payable or any other system.2. Run Prepare Mass Additions Program.3. Optionally verify Mass additions data.4. Post Mass Additions.

AUTOMATIC PREPARATION OF MASS ADDITIONS SETUP

AUTOMATIC PREPARATION OF MASS ADDITIONS SETUP QUICK CODES

• Rules to Prepare Mass Additions

AGENDA

• Sub Ledger Accounting Architecture and Inquires.

• Enhanced Mass Additions for Legacy Conversions.

• Flexible Reporting using XML Publishers.• Automatic Depreciation Rollback.• Enhanced Functionality for Energy Industry.

FLEXIBLE REPORTING USING XML PUBLISHER DESCRIPTION

• Major Asset transactions report has been modified to support XML Publishers.

• You can modify or use new templates to view report output.

FLEXIBLE REPORT USING XML PUBLISHER DESCRIPTION.

• XML is available for the following Assets reports:

BENEFITS

• You can customize report output by modifying seeded template or by using new template

FLEXIBLE REPORTING USING XML PUBLISHER SETUP

• Set up Procedures:1. Log in to System Administrator and query up

the Concurrent Program.2. Change the output format to XML.3. Once the output is flagged as XML, submit

the concurrent request.

FLEXIBLE REPORTING USING XML PUBLISHER – XML OUTPUT EXAMPLE

AGENDA

• Sub Ledger Accounting Architecture and Inquires.

• Enhanced Mass Additions for Legacy Conversions.

• Flexible Reporting using XML Publishers.• Automatic Depreciation Rollback.• Enhanced Functionality for Energy Industry.

AUTOMATIC DEPRECIATION ROLL BACK DESCRIPTIONS

• Depreciation Automatically rolled back by the system when any transactions is performed on the assets if the following conditions are met:

1. Depreciation is process on that period.2. The Period is not closed.

AUTOMATIC DEPRECIATION ROLLBACK BENEFITS

• No longer to run Depreciation Rollback program manually.

• Depreciation rollback executed only on the selected assets as required not on the entire asset books.

AGENDA

• Sub Ledger Accounting Architecture and Inquires.

• Enhanced Mass Additions for Legacy Conversions.

• Flexible Reporting using XML Publishers.• Automatic Depreciation Rollback.• Enhanced Functionality for Energy Industry.

ENHANCED FUNCTIONALITY FOR ENERGY INDUSTRY DESCRIPTION

• Energy Unit of Production Method for Group Assets.

1. Allow Production Method group of Assets.2. Allow Production Upload for Group of Assets.3. Energy Straight Line method (Depreciation

calculation formula is NBV/Remaining Life)

SUMMARY

• In this module you should learned about how to:

• Describe and use new features in R12 Oracle Assets.

• Setup up the new feature in R12 Oracle Assets.

THANK YOU

www.erpswan.com