Accounting & Reconciliation
Discussion List
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Need assistance in two features of cash management.Summary: Need assistance in two features of cash management. Are there any checks that system will perform to find out that there are no back dated transactions posted b…koyel 1 view 1 comment 0 points Most recent by Bianca Danila-Oracle Payables, Payments & Cash Management -
Manage Transaction Account Definitions- seeded showing incomplete.Summary: Manage Transaction Account Definitions- seeded asset depreciation expense account- showing incomplete. We have created new definitions for both ledgers & assign…
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How to derive Asset Cost from asset cost clearing by SLA ruleSummary: I´m trying to create a SLA rule to consider the same segment value from the Cost clearing class accounting. I didn´t find a source that match with my rule. I wo…Adriana Martins 45 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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How to adjust the asset amount after the conversion rate has changedSummary: How to adjust the asset amount for the tax book linked to the secondary ledger after the conversion rate has changed, so that it is calculated with the new rate…
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What depreciation method to be used for Reducing Balance Method - Asset DepreciationSummary: Content (required): What method is to be used if the requirement of depreciation is reducing balance method? The depreciation calculation should be on the NBV. … -
Documentation on lease accounting as per IFRS for each Scenario and REST/SOAP Services for LeasesSummary: We are looking for complete documentation on lease accounting according to IFRS Standards for each Scenario. Also, the list of REST/SOAP Services that will help…
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Fixed Assets Reconciliation Reports in OracleSummary: Assets to GL reconciliation reports Content (please ensure you mask any confidential information): Hi everyone, I have a question regarding Fixed Assets reconci…
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Solution for Fixed Asset Rollforward (Asset and Tax Books)Summary: My Company has put a lot of effort and resources into developing a Fixed Asset rollforward in Oracle, which is a standard fixed assets report utilized across al…
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Custom SLA isn't working as expectedTo automate some entries, we have set up a Revenue book within the Fixed Asset module. We created SLAs to update the account in accordance with accounting entry criteria…
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When we perform an impairment, how record the difference in another account and not in depreciation?Summary: Content (please ensure you mask any confidential information): When we impair an asset, its monthly depreciation decreases. I would like to know if it is possib…
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can't delete asset or post itthis error showed and i can't post asset or delete it A row from the FA_CATEGORIES table for category ID couldn't be retrieved. and when i click on prepare all the excel…
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How to derive Asset Cost Clearing Account based on SLA?Summary: How to derive Asset Cost Clearing Account based on SLA? Scenario: Cost Clearing Account for a specific category should derive from the SLA and for another asset…
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Why do we need to populate Amortize Flag and Amortization Start Date for converted assets?Summary: Why do we need to populate Amortize Flag and Amortization Start Date for converted assets? Content (please ensure you mask any confidential information): For co…Aswathy Edison-Oracle 21 views 4 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets -
Is it a good approach to use 'Allow Ledger Posting' flag (unchecked) on Corporate BookSummary: Is it a good approach to use 'Allow Ledger Posting' flag (unchecked) on Corporate Book to restrict FA accounting entries flowing into GL and turn it back ON onc…
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Look for best practice to default department value for FA proceeds of saleSummary: We need to default department value for FA proceeds of sale to avoid manual work. Content (please ensure you mask any confidential information): Currently Proce…Sharon Li 31 views 7 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets -
How to derive the Cost Center of CIP Addition's Cost from the Cost Clearing's Cost Center using SLA?Summary: Hi, Is it possible to derive the Cost Center of a CIP Addition's CIP Cost journal line from it's Cost Clearing journal line's Cost Center, which was sourced fro… -
Notes at Supplier LevelHello, Is there a way to add notes at the Suppliers Level which can be visible at the Invoice level when new invoices are created? Thanks
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How to sweep posted Journal Entries from close to open periodHello, Is there a way to sweep the posted journal entries from close to open period? Any help will be greatly appriciated. Thanks
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Reversal of a journal batch for source AssetsHello, Considering there is no standard FA-GL reconciliation report, we have developed a custom report to calculate the FA SLA balances for the source Assets where the d…Rajesh Mukhi 11 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets -
Unclaimed Property Processing and Inactive Account CombinationsSummary: Working on unclaimed property in the US, unclaimed property retention goes back 7 years. After 7 years the unclaimed property must be remitted to each companies…Chad Morris 83 views 1 comment 0 points Most recent by Daniela Petria-Oracle Subledger Accounting & Accounting Hub -
When creating a project asset, is there a setting to default the depreciate as unchecked?Summary: We have setup a secondary ledger to support the deprecation requirements. When creating a project asset, the depreciate flag defaults as checked. Since we are n…
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Depreciation Expense SLA Rule to derive ProjectSummary: We have issue with depreciation expense account. we create final entries for depreciation and we adjusted SLA to derive project number in project segment after …
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Please share why to use one asset clearing account vs. many (each category)?Summary: Typically best practice says to keep one single clearing account to avoid unnecessary account combinations and complicate reconciliations. Please share why to u…
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How work "Salvage Value Amount" and "Depreciation Limit Amount "Summary: Please explain the behavior of "Salvage Value Amount" and "Depreciation Limit Amount" on the "Add Asset" UI. Content (please ensure you mask any confidential in…
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User daily activity detail reportHello, Is there a report available in oracle fusion which can give the manager the User activity details for example log in/log out, Number of Invoices entered and also …
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Corporate Book attached to Primary Ledger and that ledger is having Reporting LedgerSummary: Corporate Book attached to Primary Ledger and that ledger is having Reporting Ledger so when we add asset in corp book at which date rate it will convert amount…
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Account is not Triggering from SLA ExecutionSummary: On Asset Addition, the Debit (Cost line) is incorrectly capturing the Value despite having the same Accounting rule for Credit and Debit Accounting line. Since …
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Create Accounting process completes in warningSummary: Some of the subledger transactions are not balanced in entered currency. Ledger currency is USD and transactions are recorded in USD itself. Create accounting p…Richa Arora-Oracle 12 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Create Accounting process completes in warningSummary: Some of the subledger transactions are not balanced in entered currency. Ledger currency is USD and transactions are recorded in USD itself. Create accounting p…
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How to set up a SLA condition to drive a constant value if the asset comes from Project AccountingSummary: Content (please ensure you mask any confidential information): Hello, I'm having difficulty setting up a condition on a SLA rule. I would like have an Account r…KristieA. 196 views 3 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets