Accounting & Reconciliation
Discussion List
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Asset Revaluation Configuration – GAM Zeroing MethodSummary: We want to implement the GAM (Government Accounting Manual) "zeroing" method for UK asset revaluation in Oracle Fixed Assets Content (please ensure you mask any… -
Accounting entry for Asset Transfer from one book to another bookSummary: We are performing the Asset book from one book to another book. In the Accounting Entry of Source book Proceed of Sales and Proceed of Sales Clearing account is…
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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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💡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. S… -
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…
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Asset Retirement in Same Period of additionSummary: Currently we have a scenario where we add an asset with DPIS as 2018 and Life of this asset is 3 years, we added this asset in April 2026, where system creates …
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How the fixed assets module knows Proceed of sale? Is there any field to enter when retire?Summary: how the FA module knows that the proceeds for the sale was $10k. Is there a field to enter this in when I go to retire the asset? What does this work flow look …
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Using Ledger agent we are able to create a monitoring prompt but not able to see the sameSummary: Using Ledger agent we are able to create a monitoring prompt but not able to see the same When we click on Insight tab - we are only able to see the oracle defi…
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Ledger Agent Issue as its not retrieving any data and giving standard message - Your request did notSummary: I have configured Ledger agent in our instance and it seems to be working fine when tested initially, however all of a sudden when i am searching for any activi…
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Asset retirement accounting entriesSummary Retirement Gain or Loss accounts not showing on the correct sideContent Hi everyone, I have a query re the accounting entry for asset retirements. This is a samp…
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we are creating a Job set for Prepare Receivables to General Ledger ReconciliationSummary: we are creating a Job set for Prepare Receivables to General Ledger Reconciliation by adding individual request name as part of the Job set since we have 15 Ent…
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Asset Cost Center for Manual vs. PO Asset CreationSummary: Dear Team, I noticed that the system behaves differently when creating an asset manually versus creating an asset through a PO, specifically regarding the Cost … -
Fixed Assets Reconciliation Reports in OracleSummary: Assets to GL reconciliation reports Content (please ensure you mask any confidential information): Hi everyone, I have a question regarding Fixed Assets reconci…
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How to derive Cost Center segment based on Purchase Order in FA Accounting Entries?Summary: Assets would flow into FA via Create Mass Additions & Transfer Receipts to Mass Additions process. Both must derive CC values from the respective PO/Receipt/AP …
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Create Accounting for Assets Not Running Create Accounting: Child ProcessCurrently we have requirement to create a separate role for running Create Accounting for Assets. We found that after assigning the privileges: Submit Fixed Asset Accoun…
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Transfer Income Statement Account Balances to FX Position Accounts and RevalueSummary: Even when I have balance 'Transfer Income Statement Account Balances to FX Position Accounts and Revalue' ended in warning Content (please ensure you mask any c… -
Need sql query to join between subledger and fixed asset and asset invoicesSummary: We are pulling the general and sub-ledgers for fixed assets and asset invoices in order to create a custom BI report for fixed asset reconciliation. Since we ar…
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How to let the system calculate Deprication since " the in service date"Summary: Hello Need your support to let me know , how the Calculate depreciation under STL , starting from the " in service date " rather than the whole month setup i ha…
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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 …
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Accounting Entries are not generated when the asset depreciable flag is changed from Yes to NoSummary: There is an asset created added in the system on 2022. The date place in service is 02/1/2020. System Automatically created catch- up from 2020 until 2025. In 2…
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How to sweep posted Journal Entries from close to open periodSummary: Hi, We have invalid transactions that are stuck because of validation errors in the in Fixed Assets , these transactions are in a closed period. We do not want …
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How to view Periodic Depreciation accounting error in front endSummary: Hi Team, We ran the create accounting in draft mode for Assets and found 2 issues. One is with the additions event and another one is with the Periodic Deprecia…
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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…
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Account rule not appearing in Subledger journal entry rule setSummary: Hi Team, we have a requirement that when assets are coming from Project source the depreciation expense account should default to '000' for one of the segments.…
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How to generate Journals for Combined depreciation adjustment amounts?Hello, Kindly assist on the below case: In Fixed Assets, the first open period was Mar-26 . However, there are assets that were added and placed in service starting from…
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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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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 …
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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 .…
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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…