Accounting & Reconciliation
Discussion List
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Is it possible to add DFF field on Manage Physical Inventory Template?Summary: Is it possible to add DFF field on Manage Physical Inventory Template? Content (please ensure you mask any confidential information): Version (include the versi… -
When Asset Addition approval is rejected for wrong category, no option to edit rejected transactionSummary: When Asset Addition approval is rejected by Manager for wrong category selection, there is no option to edit on rejected transaction and resubmit as asset categ…NarsingaRao Surabhi 5 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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FA: Can't Create Draft Accounting when Approval Status is In ProgressSummary: BPM approval is applied to control FA transaction with preparer and approver. Preparer creates transaction and submit it for approval, approval status is In Pro…
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Accrue at receipt for Expense ItemsSummary: We have Setup at BU Level-> Accrue at Period End→ This is needed for Multiperiod accounting and Amortization of Opex. For Capex we need, Accrue at Receipt as we…
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Impairments required; not available as UK gov revaluations is enabled.Summary: We have a requirement to use impairments but we have enabled UK government revaluations which removes the feature. Content (please ensure you mask any confident…
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Modify Depreciation reserveSummary: Hello, We’ve encountered an issue after uploading a lease asset—it's been uploaded with an incorrect depreciation reserve amount. Could you please advise if the…
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Accounting of assets created from ADFDI, AP,FBDI after validation of capitalized threhold valueSummary: Hi Please help verify the accounting generated for the business scenarioes as below. 1）Assets were uploaded via Spreadsheet or FBDI ，and after running the cap…Lynn Du-Oracle 6 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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How to limit the option value of Post in General Ledger when running Create Accounting?Summary: Content (please ensure you mask any confidential information): Hello, Is it possible to achieve having only have the option value as "NO" for "Post in General L…
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Accounting entries for for cost adjustmentsSummary: Incorrect accounting entries for cost and periodic depreciation for cost adjustments. Content (please ensure you mask any confidential information): One of the …SChalam-Oracle 19 views 4 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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SLA rules is not picking up with * valueSummary: SLA rule is not picking up with * value Content (please ensure you mask any confidential information): Version (include the version you are using, if applicable…
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Create Accounting for Assets based on certain Criteria,for example Asset Number or Transaction GroupSummary: Create Accounting for Assets based on certain Criteria, for example Asset Number or Transaction Group. Client wants the create accounting process to have a para…
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Create Asset in multiple legal entities linked to a single corp bookHI Team, We have multiple Legal entities under a single ledger. And 1 Corp Book is assigned for 1 ledger. Can we use the same corp book to create assets for multiple leg…
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We have identified certain assets capitalized in August 2025 that need to be reversed in the systemBusiness users have identified certain assets capitalized in August 2025 that need to be reversed in the system to appropriately undo their capitalization, rather than p…Anand Ashutosh 2 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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Change place in service date in current periodSummary: Change place in service date in current period Content (please ensure you mask any confidential information): There is an asset created in current period Sep-25…
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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 86 views 6 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
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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… -
How is the Asset Clearing account derived in the Tax Book for assets from Project Costing?Summary: We have two FA books, one Corporate and one Tax. The Corporate Book does not send any accounting to the primary ledger. The Tax Book sends accounting to the sec…
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adjustment from PPM to asset getting accounting errorSummary: Adjustments (addition of cost) from PPM to existing assets in FA are going into accounting error as accounting process is unable to derive cost clearing natural…
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How to derive the Asset Clearing account balancing segment value in Assets from Payables?Summary: Using SLA, how do I ensure that the balancing segment value of the Asset Clearing account in Assets matches the balancing segment value of the Asset Clearing ac…
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Client has a requirement to split depreciation expense ONLY not the cost, clearing dep reserveSummary: Client has a requirement to split depreciation expense ONLY not the cost, clearing, and depreciation reserve account when using distribution set to allocate dif…
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want to change (Divide Depreciation) from " Evenly" to "By Days"Summary: we want to change the "Divide Depreciation" from " Evenly" to "By Days". Is it possible as we already have the data in our system for the past three years (from…
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💡Fusion Assets Data Conversion SuggestionsSummary: 💡Fusion Assets Data Conversion Suggestions Content: This outlines the preparation for and the methods to follow to to do data conversions into Fusion Assets. So… -
Asset accounting & recconciliationHi, We had put incorrect accumulated depreciation account in asset categories due to which accounting was done in wrong GL account in both GL and Assets module. In order…
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Discounted Payment Terms and Fixed AssetsSummary How to configure so payment amount flows to Fixed AssetsContent If paying an invoice from a supplier with discounted payment terms, how can we get the paid amoun… -
Asset Leases – Provisioning Total Interest at Lease CreationHello Community, We are using the Asset Leases functionality in Oracle Assets for operating leases. By default, the system calculates and posts interest expense month by…
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What is the diff b/w "Create Accounting for Assets" ESS Job and "Create Accounting" ESS JobWhat is the difference between "Create Accounting for Assets" ESS Job and "Create Accounting" ESS Job using subledger application parameter as assets? When to use one ov…
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How to fix FA entries stucked in SLA with Transfer to GL Status as "Not Transferable"?Initially, I run create accounting for a specific asset book. Later I found out that the Allow ledger posting is not enabled in the asset book. I then enabled it and run…
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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…
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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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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…