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Assets
Discussion List
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After importing asset via fbdi, there is difference between corporate book and tax bookSummary: After importing asset via fbdi, there is difference between corporate book and tax book Content (required): Dear all, please find the following : after importin… -
Daily Depreciation calendar taking 366 days while calculation depreciation on assetSummary: I have created two asset calendar one is monthly and other is daily and in leap year for example i take 28FEB 2024 (Start date 28feb and end date -29Feb) For Pr… -
Is it possible to update Proceeds of Sale after retirement transaction is complete?Summary: Is it possible to use ADFDI to update the Proceeds of Sale on an existing asset retirement transaction? Content (required): We have an integration from a 3rd pa…
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Merging an already split invoice lineSummary: I have an invoice line for an asset that has multiple quantities for the same item. I would like to split the the line and then merge one of the lines to anothe… -
Extract Asset Reporting Data process for tasks from Assets workarea and from Scheduled ProcessesSummary: Auto Submit process "Extract Asset Reporting Data" for tasks from Assets workarea and from Scheduled Processes ESS jobs. Content (required): On following note E…
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Can the asset period of Daily Depreciation only be closed day by day?Summary: The depreciation calendar of this asset account book is calculated on a daily basis. Can it only be closed on a daily basis during the asset closing period? Con…
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Impact on late Asset Data Migration in Asset Tax BooksHi Oracle Community, May I ask if there's a significant impact on delaying the asset data migration in tax books? As per client, they cannot provide tax book data for mi…
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Interfacing CIP assets from AP to FASummary: Hi, Have a question about CIP assets mass addition. I have an invioce which is accounted and has CIP clearing account in distribtion ,but after running mass Add…
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How to collate audit requirements under a single report/placeSummary: Business requires a report for audit purpose which can incorporate these 5 points: PO details Invoice details Invoice & PO prints Approvals at each level (PO, A…
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In the asset module, for example, the opening date of the asset is July 10th, and the depreciationSummary:In the asset module, for example, the opening date of the asset is July 10th, and the depreciation in that month is calculated according to 21 days in July and 3…
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Need to adjust the Asset life with retrospective effectSummary: We need to change the life of the assets such that the depreciation on the asset is adjusted retrospectively in the current period. We are using the options "Ad…
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Need Mass Accounting Override for 300 assets. Is this possible?Summary: We have found out that there are 300 assets being accounted in the wrong department & location since Jan-2023 period. These assets were then transferred in Jun-…
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Is it possible to create a payment schedule with different interest rates in FA Leases?Summary: Is it possible to create a payment schedule with different interest rates in FA Leases? Content (required): Is it possible to create a payment schedule with dif…
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How Is the STL Depreciation Method Calculated for Amortized Assets?Summary: How is the Straight-Line Depreciation Method calculated in Fusion Fixed Assets? Content (required): The calculation for STL depreciation method is as follows: S… -
Incorrect Asset Life through FBDIWe are converting assets from EBS to Cloud using FBDI; assets life is getting incorrectly setting to 40 years instead of taking it from the FBDI
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As per US tax requirement for STL method how to claim bonus depreciation for the FY 2023,2024,2025Summary: As per US tax requirement for the assets placed in service date from 1-1-2023, how to claim Bonus deprecation for the assets which has life of 3 years under Str…
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Asset type as expenseSummary: While adding an Asset directly in Fixed Assets we have 3 options Captilized, CIP and expensed. Can someone tell what is the use case or practical use of using t…
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Mass Addition FBDI Depreciation MethodSummary: Hi Team, I am facing an error "The depreciation method for this book is invalid." while trying to import Asset data through FBDI. Content (required): Hi Team, W… -
Bar code reader to capture assetsSummary: Content (required): The requirement to caption fusion assets via bar code reader. Can this be integrated with fusion assets? Version (include the version you ar… -
Detailed calculation process and principle of 200DB depreciationSummary: I'm not sure about the detailed calculation process and principle of 200DB depreciation. Can you give me a concrete example? Complete calculation process, thank…
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How to get the monthly details of the Asset depreciation while creating an OTBI report?Summary: Hi All, Thank you in advance for your help. Kindly note the below: While creating an OTBI report for the depreciation of the FA, I selected several subjects in …
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Challenges with Partial Lease Payment Option 'In Advance'Summary: When we try to setup asset leases with payment option 'In Advance' the lease can't be setup the way actual lease amortization schedule given by lessor. We are f…
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Migrating asset from EBS to Cloud with negative YTD depreciationSummary: Migrating assets from EBS to Cloud having negative depreciation and zero accumulated depreciation Content (required): There are few assets where negative cost a…
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How to display invoice distribution combination on the additions page?Summary: How to display invoice distribution combination on the additions page? Content (required): User wants to see the invoice distribution account combination on the…
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Expensing an Asset in the same year as DPIS under Section 179 of IRCSummary: As part of Section 179 of IRC we can write off the asset in the same year it was placed in service to the extent of 1080000 $. Content (required): We are lookin…
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Tax Assets DepreciationSummary: We have created a new asset category. The assets are to be bought in and entered into the corporate asset book and depreciation is to be started from the acquis…
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Physical life vs asset lifeIs there a spot to store the physical useful life of an asset separate from the life setup on the Asset Category? This would be for reporting purposes. -
Mass additons - Deduce Asset categorySummary: Is there any setup to deduce asset category in mass addition ? Content (required): Currently, we have a lot of categories (>200) and only 5 clearing accounts . …
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Asset Lease- The Generate Lease Payment Invoice ProgramSummary Program erroring outContent Hi, The Generate Lease Payment Invoices program is erroring out. There is no parameter available in the Report to run also. Accountin…
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Depreciation calculation on an impaired assetWe impaired an asset in P1, and ran depreciation - the depreciation was calculated on the pre impaired value. In P2, the depreciation was lower by the impaired amount ov…