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Assets
Discussion List
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How to Enter Opening Balances for the FA Module Without Depreciating for the Opening Balance PeriodSummary: How to upload FA balance with no Content (please ensure you mask any confidential information): I need guidance on the correct process for entering opening bala… -
53 week calendar depreciationSummary: Retail corporations follow a 4-5-4 calendar. Oracle does not spread the NBV using a straight-line method when the asset life begins or ends in a 53-week fiscal … -
How to restrict the journal generated by a company's FA module from being copied to secondary ledgerThe FA book contains asset data from multiple companies, and users need to restrict the journals of a certain company from being copied to the secondary ledger, while ot…
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What are the strategies for reprocessing asset records that failed to load through the FBDI process?Summary: There is an integration to load Fixed Asset - Mass additions data to oracle via FBDI. When mass addition data is not loaded successfully to oracle using FBDI, w…
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Zero NBV for Decling balance methodWe have the following configuration, one corporate book and two tax books. Tax book 1 which represents the Finnish local tax book and Tax book 2 represent the official a…
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zero amountSummary: Addressing the impact of cost modifications on assets created from Payables during mass addition preparation. Content (please ensure you mask any confidential i… -
Depreciation Calculation when 50% Bonus depreciation is takenSummary How can we configure the Fixed Assets so that if we take bonus depr at 50% it will use original cost minus bonus depr as the new basis?Content We launched Cloud … -
How do we setup tax books with MACRS HY, 50% Bonus Depreciation and 15% basis reduction?Summary: Client has tax assets that have a 30% energy credit, 15% basis reduction, and bonus deprecation of 50% in first year with MACRS HY. Content (please ensure you m…
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How to get AP invoice number in FA for assets created after receiptsSummary: How to get AP invoice number in FA for assets created after receipts in Oracle fusion Content (please ensure you mask any confidential information): We have cre…
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Fixed assets depreciation method not working correctlySummary: Hi Team, We have defined several depreciation methods for flat rate(related to declining balance method for INDIA tax books) which it seems that it is working f…
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How to flow a DFF field from AP Invoice Distribution to Asset Categories DFF under Asset AdditionsSummary: How to flow a DFF field from AP Invoice Distribution to Asset Categories DFF under Asset Additions page? Content (required): We have a requirement to flow the p…
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How to get AP invoice number in FA for assets created after receiptsSummary: How to get AP invoice number in FA for assets created after receipts Content (please ensure you mask any confidential information): In case of asset created aft…
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Send notification to FA ManagerOnce mass addition program complete, system send notification to FA Manager that there are pending source lines are capitalization? do we have standard functionality whe…
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Can we continue depreciation on the asset which is capitalize and currently not getting depreciated?Content (required): Hi Everyone, We have a business use case: where a few assets are being capitalized but not being depreciated at the moment. And so the depreciation f…
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Mandatory DFF not working in Asset Retirement FBDISummary: We have added a Mandatory DFF in Retirement. While retiring the assets through FBDI or ADFDI and DFF is not working and it is posting the retirement without giv…
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Inventory taken date being cleared out?Summary: Our FA team has noticed that a large number of our assets are missing the Inventory Taken Date. What types of transactions would cause this date to clear out an… -
FSM Import Export - Asset CategoriesSummary: Hi Experts, Are there any restrictions/best practices when creating the values for asset categories segments? I am trying to move the Asset Categories data from…
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2401197.1Summary: 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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How to capture Landed Cost Charges to Fixed Assets?Summary: How can we capture landed cost charges to asset value in fixed asset? Scenario PO create for a Asset item (Asset clearing account provided at PO level), Freight…
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Updating Asset Categories with Missing DFFContent (please ensure you mask any confidential information): Dear All, Thank you in advance for your assistance. I have encountered an issue where all asset categories…
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Are there any report that can show future Net Book Value (NBV) of assets?I would like to know if there are any reports/features exist in Oracle which can shows the amounts of future Net Book Value (NBV) and depreciation of assets. E.g., forec…
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asset acquisition dates disappeared in after completed adjust asset in spreadsheetSummary: User did the Adjustment using the Adjust Asset - Mass Transaction under transaction type change category. corrected only the minor category as requested, There …
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Is it possible to configure 2 depreciation methods under same asset book?There are 2 asset books to be configured one local tax book another GAAP book For the GAAP book depreciation method is STL and for local tax book depreciation methods ar…
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How does prorate convention daily work with monthly depreciation calendar?Summary: How does the prorate for depreciation works in Oracle? Content (required): Prorate calendar= Daily Depreciation Calendar = Monthly 1.) Capitalised $66,666 with … -
How to Upload the Prorate Conventions in Fusion AssetsSummary: Hi Team, My Asset Placed in Service is 1970, I need to Create the Prorate convention Twice in a month; Please suggest me how can i do that. Regards, Content (pl…
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Impairment should be charged to cost center associated to expense account associated to assetImpairment and Amortization Charges should be charged to cost center associated to expense account associated to asset rather than cost centre associated to asset catego…
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Asset Assignment and Accounting RequirementSummary: Below is the summary of the questions : 1. Whenever they change the asset Assignment from one employee to other based the employee's cost center Depreciation ex…
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Assets Clearing Account to trasfer from AP to FASummary Assets Clearing Account to trasfer from AP to FAContent Hello : As far as I know this is the accounting to transfer assets from AP to FA AP Invoice Debit Asset C…
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How to copy Life in Years and Life in Months from Corp Book to Tax Book?How can I ensure the Life in Years and Life in Months on an Asset is accurately reflected in Tax Book when updating an Asset's Life in Corp Book? Currently, the Tax Book…
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Create Accounting for Fixed Asset "Addition" create sum of journals, can i split it?Summary: We are trying to create SLA Supporting Reference for journals created by Fixed Assets and Receipt Accounting in order to create Clearing Accounts Reconciliation…