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Assets
Discussion List
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Does oracle handles revaluation loss which greater than revaluation reserve at asset category level?Summary: A functionality to offset the downward revaluation to an asset when the amount is greater than revaluation reserve at asset level, to handle it at asset categor… -
Mass addition not work for LIFE IN MONTHSSummary: We have uploaded Fixed assets by using Spreadsheet. Given LIFE_IN_MONTHS while adding the assets but after posting system is showing category life instead of li…
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YTD Depreciation and Depreciation Reserve Balances are same for Asset Migrated in TAX BookSummary: We had migrated the Assets into Corporate Book and then use the "Copy from Corporate" Functionality in TAX Book to Import Assets into TAX Book. However, this ha…
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Depreciation Treatment for Cost Adjustments in Tax BookHi Experts, We maintain both Corporate and Tax books, with the Tax book following the Next Month depreciation convention. When we perform a cost adjustment in the Corpor… -
How to adjust interest in backdated leaseSummary: Based On below Current Period Open: AUG 2025 Lease Start Date: 29-May-2025 Payment Frequency: Quarterly Payment Option: In Advance Lease Term: 60 Months Lease C…
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Workflow Approval for Asset Transfer to another Book Across LedgersWe have configured and tested the new release for Asset Transfer to Another Book Across Ledgers. The new functionality is great and automates manual processes, however i…
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Depreciation expense cost center segment in Tax bookSummary: Hi We will have a Asset corporate book connected to primary ledger (EUR) which use COA 1(Chart of accounts 1). We will have a tax book connected to secondary le…
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We are unable to Reinstate the Partially Retired Assets in Oracle FusionSummary: Content (please ensure you mask any confidential information): Version (include the version you are using, if applicable): Code Snippet (add any code snippets t…
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We have two corp books we need to define two Approvals groups separately or one Approval groupSummary: Hi Team, We have two corporate Books; we need to define two approval groups separately or by using one approval Group we can define the approval configuration f…
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Change Asset YTD DepreciationSummary: Change Asset YTD Depreciation Content (please ensure you mask any confidential information): We need to change the YTD depreciation amount for some assets becau…
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Clearing Account in Asset Addition via SpreadsheetIn Asset Addition via Spreadsheet, is it possible to assign an account other than Asset Clearing Account in the Asset Clearing column? For example, Other Payables or Due…
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We are unable to Reinstate the Partially Retired Assets in Oracle FusionSummary: We are unable to Reinstate the Partially Retired Assets in Oracle Fusion. Content (please ensure you mask any confidential information): Version (include the ve…
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Creation of Fixed Asset After Completing Manufacturing Work OrderSummary: The Client is using inhouse manufacturing to produce the final assembly by procuring component items. The ask is once the finished good is manufactured in in-ho… -
How to clear inventory valuation after fixed asset creation?Summary: We are following the flow from Inventory Receipt to Fixed Asset. when we received the inventory PO: Inv Val DR Accrual CR when i create fixed asset after runnin…
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Missing Backend Data for Retired Units Fields in Fixed Assets ModuleSummary: I am encountering a problem in the Retired Units section of the Fixed Assets module where the following fields: Comments Disposal Method Disposal Reason are vis…
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Income Statement and Balance Sheet are returning error values for Net Income and Asset balancesWhat are the possible reasons for Net Income and Asset values showing error values in the Income Statement and Balance Sheet generated in FRS? Investigation performed so…
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Which report can be used to reconcile balances between Assets and the General Ledger?Which report can be used to reconcile balances between Assets and the General Ledger? -
Which privilege should be removed from the Asset roles to prevent users from closing periods?Which privilege should be removed from the Asset roles to prevent users from closing periods?
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Client has a requirement where a user will only able to view the Manage Leases page in Fusion assetsClient has a requirement where a user will only able to view the Manage Leases page in Oracle Fixed assets. How to meet this requirement? The privilege related to Fixed …
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What is the Update Assignment Descriptive Details Spreadsheet in Transfer Assets used for?Summary: Wondering what this spreadsheet is used for and what columns are required in order to successfully upload to stratus. Can this spreadsheet be used to update dep…Alexandra Pickett 11 views 2 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle
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Can we make bulk updation of descriptive details before posting of assetsSummary: We want to update the the descriptive details of the assets. However all these assets are remain in un posted status and asset number is not generated. We have …
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OTBI Subject Area: Fixed Assets - Asset Depreciation Real Time data mismatchIn UI, Asset's Initial units were 100, And 66 units were partially retired and then Transferred out on Oct-24. So the current active units are 34 and the Depreciation Re…
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Why are my fixed Asset transactions not transferring to GLWhy are my fixed Asset transactions not transferring to GL and Why can't i open period for fixed asset, the status remains at "never opened"
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How to correct Invalid Intercompany transaction in Fixed AssetsWe encountered create accounting error with an invalid Intercompany transfer in the fixed asset module. Since then, we've been exploring ways to correct it. Unfortunatel…
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How do other customers account for a sale and leaseback?Summary: We are going to be doing a sale and leaseback of some properties, and we are having to uniquely account for them. In this situation, we would need to make a sch…
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Having Location Descriptive details for asset approval as a criteria.We have a requirement of approval by a division segment for assets which we are creating as an asset location Descriptive Field in Oracle fusion. Currently we have optio…
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How to reinstate the zero amount balance assets but not yet retiredHi, It is possible to reinstate the asset number with zero amount balance, if the adjustments process used to zero out the net book value was depreciation override. They…
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How to remove or delete an adjustment depreciation amountSummary: Hello; I have a fixed asset on which an adjustment to the depreciation amount was charged during a period. I would like to set this amount to zero, as there sho…
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Asset Running Number according to entity / ledgerSummary: Asset Running Number according to entity / ledger Content (please ensure you mask any confidential information): Hi, Is it possible that each ledger/entity has …
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Automatically display the PO number and AP INV number in Added AssetSummary: Automatically display the PO number and AP INV number in Added Asset Content (please ensure you mask any confidential information): Hi, How can the PO number an…