Accounting & Reconciliation
Discussion List
-
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… -
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…
-
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…
-
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…
-
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…
-
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…
-
What are the impacts of setting the Subledger Accounting Option "Processing Unit Size" equal to 1?Summary: What are the impacts of setting the Subledger Accounting Option "Processing Unit Size" equal to 1? Content (please ensure you mask any confidential information)…Elisa Rossi 26 views 1 comment 0 points Most recent by Anca A-Oracle Subledger Accounting & Accounting Hub
-
Cost centre for asset cost w/o accountSummary: Hi, We have a requirement to change the cost center for w/o account which is debited for expensed assets. We are going to derive it from cost center on deprecia…
-
Impact of deleting asset after depreciation method changeHello Oracle Community, We are seeking guidance regarding the potential impact of deleting an asset in Oracle Fusion Cloud Fixed Assets in our production environment. Ba…
-
Accounting Entries for Asset RetirementHello Colleagues We have situation where we retired an asset. The asset has a depreciation reserve but not fully depreciated. When we run created accounting the system g…
-
SLA RULE for Asset RetirementHello Colleagues, I hope you are all doing well. I am reaching out for your help. We have a requirement to drive one of our Chart of Accounts (CoA) segment values based …
-
Is there way to reserve tansfer transaction, transaction is not yet posted in GL?Is it possible to reserve/undo transfer transaction, if the transaction is not yet posted in GL? I have performed a transfer transaction using an incorrect value. When t…
-
Does incomplete Fixed Asset adjustments affect the GL period closure ?Does incomplete Fixed Asset adjustments affect the GL period closure ? The subledger period close exception report is showing some of the incomplete asset adjustment tra…
-
we want to introduce a TARRIF SURCHARGE as line Type for US BU in AP InvoicesSummary: We are getting invoices with Tariff as a separate invoice line type. Currently system is not able to capture the tariff amount separately . We want some way so …Tapan K Nath 83 views 4 comments 1 point Most recent by briandybeh Payables, Payments & Cash Management -
Receivables to ledger reconciliation is taking so much time while drilldownSummary: Receivables to ledger reconciliation is taking so much time while drilldown Content (please ensure you mask any confidential information): Version (include the …
-
How to add credit note for an invoice from previous month to current month on a retired asset.We have a scenario that is disturbing our books. We received an invoice in Feb, that got transferred to Assets and Asset got successfully created. The team then retired …
-
why 25 B transfer asset from book-to-book gross method hitting proceeds of sales clearing in sourceSummary: transfer asset from book-to-book gross method hitting creating below entry in source book Receivable DR 118000 proceeds of sales clearing Dr 118000 Accumulated …
-
Reopening GL periodSummary: Customer needs to re-open the period for Jun-25 for a given window hour to allow them to finalise the Jun-25 asset book, additions etc will be uploaded and fina…aileen.macayan 14 views 1 comment 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
-
Do I need to modify the SLA to account for Asset Transfer to another book?Summary: I am testing the Asset transfer to another book but the accounting is not generated. Do I need to update the SLA rules or I am missing something else ? Thanks P…Pablo Schenquerman 40 views 7 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
-
SLA Rule for Depreciated vs Undepreciated AssetsSummary: We have a requirement to drive one of our Chart of Account segment value based on whether the asset started depreciating or not depreciated Our goal is to drive…
-
Inactive Date on Fixed Asset BookSummary: Due to tax issues we had to create a new legal entity and business unit for one of our groups and move the existing BU to the new legal entity and business unit…
-
Unable to fetch accounting information from asset transactions screenHi, We have a requirement to fetch accounting information for an asset transaction for a particular class. We need to understand the links in between to create a BI repo… -
impairment reserveSummary: Clearing the Impairment Reserve Balance and charging this to an Impairment Reserve Reversal (Revenue) Account Content (please ensure you mask any confidential i… -
Accounting date logic in case of assetsHi, We wanted to understand the accounting date logic of Assets module. We went through the Doc but it is not clear enough. What Is The Accounting Date (GL DATE) In Fusi…Bhagchandani Nayan 8 views 3 comments 0 points Most recent by Louise Gareau - Support - Oracle-Oracle Assets
-
Asset Transfer Between Asset BooksSummary: transfer book for an asset Content (required): hi, I have an asset whose reference book I would like to change. my question is when is it possible to do this? D…
-
Change Date Format in Fixed Asset from MDYY to MMDDYYYY?Summary: How to change date format in FA from MDYY to MMDDYYYY? Content (please ensure you mask any confidential information): We are configuring a new environment for F…
-
Fixed Assets ReportSummary: We need a report in Fixed Assets Module which shows the beginning balances for the selected company and year in the parameter and then multiple columns showing …
-
How to write a SLA rule to change BSV for depreciation accounting entriesIm trying to create an SLA rule to change the BSV for Depreciation entries, but it is not working. What is the correct source qualifier to be selected for this SLA rule?Hemanth Buccapatnam Tirumala 16 views 9 comments 0 points Most recent by Hemanth Buccapatnam Tirumala Assets
-
Initial / Periodic Mass Copy QuerySummary: Hi, I did below mentioned steps for testing purpose only. The open period was Apr-25 for corp and tax books. I am sorry if I am asking fundamental questions her…
-
Create Accounting Error in Assets with multiple balancing segmentsIs there a specific setup I need to enable in the Fixed Assets module if we are using three balancing segments? We’re encountering a Create Accounting error when posting…