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Assets
Discussion List
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How to set depreciation 20% for the first year, then 10% for the next yearSummary: set the depreciation for asset, 20% for the first year, then 10% for the next year Content (required): Hi, I am new to the module, please advise how can we set … -
Does Oracle Fusion Cloud Fixed Assets currently support FAS143 - Asset Retirement Obligations?Summary: Does Oracle Fusion Cloud Fixed Assets have a functionality that helps manage Asset Retirement Obligations? Content (required): Does Oracle Fusion Cloud Fixed As… -
SQL query to get remaining life, depreciation for the month, depreciation expense account in FusionSummary: SQL query to get remaining life, depreciation for the month, depreciation expense account in Oracle Fusion for Assets Content (required): Version (include the v…
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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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What is the full name of the double declining balance method in fusion?Summary: What is the full name of the double declining balance method in fusion? Content (required): The full name of double declining balance method in fusion, the proc…
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Assigning Lease to Tax BookSummary: Hello, I want my leases to be in the tax book ONLY. Can anyone help me out with a detailed action plan to record leases in Tax book only and not Corporate book.…
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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. -
Capitalizing Commissions Paid to EmployeesSummary: As per ASC606 guidance, customer capitalizes Commission paid through Payroll to Employees on Subscription Contracts and amortizes over a period of 5 years. Cust…
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Implementation GuideSummary: Implementation Guide - Oracle Assets Cloud REST Operations for Assets Content (required): Is there an updated Implementation Guide- Oracle Assets Cloud REST Ope… -
Need to have Fixed Asset item capitalized and also have it in inventory for leasing it to customer.Summary: We have below end to end scenario requirement for our customer: - Flow - Procure/Mfg. Fixed Asset -> Receive item in inventory -> Create Asset in Install Base -…
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Is there a seeded depreciation method which will depreciate as per 50-30-20% rule?Summary: We have a requirement where the assets should be depreciated 50% in the first year (Regardless of the DPIS) and 30% in the second year and 20% in the 3rd year. …
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Fixed asset conversion - how to match NBV amounts with the source?Summary: FA conversion - NBV amounts don't match with the source files Content (required): Steps followed: 1- converted assets 2- run "calculate depreciation" 3- extract…
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Outbound Extracts for 3rd Part FA RegisterSummary: Need help to understand how I can create Mass Addition extracts to interface to 3rd part Fixed assets solution. Content (required): We are in process of designi…
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Associating Secondary Ledger with Asset bookSummary: Hello, I have a requirement where I want to view my leased assets in Secondary Ledger but not on Primary Ledger. I've considered creating a tax book specificall…
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Is it possible to add DFF at Asset Page next to the serial number ?Summary: Is it possible to add DFF at Asset Page next to the serial number ? Content (required): We are trying to figure out if there is a way to add a DFF at asset page…
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Self-service Asset Permit or Gate Pass to move out from business premises.Summary: We have a business requirement to track or verify assets while moving out of campus. For example 1. If Employee wanted to take his official laptop to home for o…
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How to delete assets categories assigned to the asset's book in bulkSummary: We have almost 300+ assets category uploaded incorrectly and assigned to the asset's book We want to delete this assigned to the asset's book to delete all afte…
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FA Asset NVB report output languageSummary: I want to download FA Asset NVB report in Chinese, but it came out in English. How can I change the language even though my preference setting prefers English a…
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What is best approach ( Practice) for Fixed Asset MigrationSummary: The business requirement to load the Asset up to 31-Dec-2022, from Jan- 23 to Jun-23 requested movements like Additions, retirements, reinstates, transfers, Adj…
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Any seeded report to get list of current depreciation expense account associated to the All assets?Summary: Any seeded report to get list of current depreciation expense account Employee name Employee number associated to the All assets? Content (required): Version (i…
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Is the Process Pending Retirements Criteria available in Oracle Fusion?Summary: In R12, the Process Pending Retirements Criteria is available. But I could not find it in Oracle Fusion. Content (required): In R12, the Process Pending Retirem…
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How can I see the daily depreciation amount calculated by the system for a particular asset?Our prorate calendar is set to Daily. I want to see the each day by day amount calculated by the system for a particular asset. Is there any UI, report or OTBI available…
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Calculate Gains and Losses in Oracle Assets Cloud not availableSummary: Calculate Gains and Losses is not available in Oracle Assets Cloud, what is the alternative to find the accounting Content (required): In Oracle eBiz R12 we had…
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Remove "Delete" option in create asset by screen or spreadsheet.Summary: Content (required): Hi, good day. Do you know if there is a way to remove the "Delete" option in the options to create a fixed asset both at the "screen level" …
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Mass capitalization of fixed assetsSummary: Hello Team, We have a requirement The process of capitalization of fixed assets currently only allows, editing an asset one by one before posting. For example, …
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Approval for posting of assets.Summary: Hello Team, We have a requirement Current functionality indicates that when an asset is changed from the New status to post status, there's a need for that proc…
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Can you import from Purchasing to Assets using Create Mass Additions?If accounting for the item when it is received rather than when the invoice is processed, can you use 'Create Mass Additions' to import the data from purchasing into FA …
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How to update asset description in fusionSummary: We wanted to update the Asset description for existing assets in Oracle Fusion. Content (required): We tried to find out if any option available for the same bu…
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Do you have to manually add each fiscal year, asset calendar, and asset prorate calendar?Summary: When setting up the fiscal year, asset calendar, and prorate calendar, I understand that you do the oldest date placed in service and then at least one year bey…
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Feature/Report how To Determine if the Mid-Quarter (MACRS MQ) Convention applies to assets.Summary: Depreciation for Federal Income Tax purposes in the U.S. requires that corporations determine the percentage of their assets that were acquired in the last quar…