Accounting & Reconciliation
Discussion List
-
How could a journal descriptive flexfield be dynamically updated based on Account CombinationSummary: We would like to assign values to a (DFF) on the journal entry for asset creations. When the journal entry is accounted we would like a value to group the entri… -
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…
-
How to don't show certain adjustment journals in the bank reconciliationSummary: While defining the banks initially by mistake we enterd the Bank Cash & the Bank clearing account same account (clearing account) after reconclition dec-25 and …
-
Different Accounts for Multi-Year CIP AssetsSummary: Content (please ensure you mask any confidential information): Our client has a business need to use a different natural account when capitalizing a Multi-Year … -
We are doing a transfer across Legal Entities in one asset book.Need help.Summary:We are making transfer across Legal Entity in an Asset Book.Intercompany Balancing rules get generated.We want to modify Intercompany Balancing lines generated .…
-
Revenue lease accounting classSummary: In Oracle Fusion Lease Accounting (Revenue Lease), why do different SLA Accounting Classes appear for Lease Revenue Accrual and Lease Bill Approval events as Ac…
-
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…
-
Asset's Depreciation is not reflected in GL for an Asset with a Cost AdjustmentSummary: Asset Cost was adjusted, but GL is missing depreciation that is partly reflected in subledger. Content (please ensure you mask any confidential information): We…Matthew - Town of Aurora 11 views 3 comments 0 points Most recent by Matthew - Town of Aurora Assets
-
What does the Mass Property feature do?Summary: There is a Mass property checkbox at the asset category level. I have checked it and created an asset with 100 units. But I am not able to understand how this f…
-
legacy asset conversionSummary: We are converting legacy asset data in Oracle using MassAdditions FBDI. In the legacy system, customer follows Current Month convention but in Oracle, Following…
-
How to edit review journal entries in assetsSummary: We have a stuck journal entries in fixed assets. When I go to review journal entries, I cannot edit this record. If I can edit this record, can I change the sta…
-
Solution for Fixed Asset Rollforward (Asset and Tax Books)Summary: My Company has put a lot of effort and resources into developing a Fixed Asset rollforward in Oracle, which is a standard fixed assets report utilized across al…
-
How to derive Asset Cost Clearing Account based on SLA?Summary: How to derive Asset Cost Clearing Account based on SLA? Scenario: Cost Clearing Account for a specific category should derive from the SLA and for another asset…
-
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…
-
-
Clearing Accounts (CWIP vs Asset Clearing) in Receipt Accounting Based on Asset Category?Summary: 1. Using CWIP Clearing at Receiving Inspection For capital asset items, can we assign a CWIP clearing account in the Manage Mapping Set for Receipt Accounting (…
-
Capitalization of an Item at ReceiptSummary: We tend to use the functionality in Oracle Fusion Cloud, which allows us to capitalize the expense item or inventory item at GRN (after put away) rathe than aft…
-
How can the depreciation of an asset be charged across multiple Cost centresSummary: The depreciation charge of an asset needs to be split across two or more cost centres but the asset cost being booked under only one cost centre. Is this possib…
-
To capture type of CIP costs in sub-account for the CIP assetsSummary: We have a requirement to capture type of CIP costs like construction cost, borrowing cost, Acquisition cost etc in the sub-account of the CIP Addition distribut…
-
How to add Fx Gain / loss to Capitalized AssetsSummary: We have Assets getting created through foreign currency invoices. Those assets are getting created with accounted cost as of invoice date. When invoices are pai…
-
Users getting an error when running Create accounting in AssetsUsers getting an error when running Create accounting in Assets "The accounting date 30-NOV-18 isn't in an open or a future enterable period. Details: You must open the …
-
Where to modify Asset Category Account RulesSummary: We need to default the department in Asset depreciation from 0000 to 5210 in two asset categories. They are shown grayed out (see screenshot). Where the two hig… -
Different GL Accounts for Lease Reassessment vs Lease Termination in Lease AccountingSummary: Lease Reassessment and Lease Termination events post accounting entries to the same Profit/Loss account in Oracle Fusion Lease Accounting. Is it possible to con…
-
Accumulated Depreciation Accounting Entry not GeneratedSummary: While creating the asset from AP Invoice source line user have updated the asset cost by mistake for an Asset. To rectify this we performed Asset Financial info…
-
Cross-Ledger Asset Transfer FunctionalitySummary: Our client has a requirement to transfer assets across books and across ledgers, while keeping the Asset Cost and Depreciation Reserve values the same in the de… -
Is it possible to remove the FA calendar close privilege from the Asset Accounting Manager role?Summary: There is a requirement that only specific users should be able to perform the FA calendar close operation. In this case, is it possible to revoke the FA calenda…
-
How to rectify invalid general entries for asset uploaded from ADFDI TemplateSummary: Hi Experts: We have created some assets via ADFDI spreadsheet. But user by mistake enter the asset clearing and asset cost accounts. The combination were in vio…
-
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…
-
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…
-
Change GL date for assetsSummary: Hi, We have below situation. GL period is closed for Nov-25. Asset book is open for Nov-25. So, if I close the book current month depreciation will run. The sys…