Category 333
Discussion List
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Please share why to use one asset clearing account vs. many (each category)?Summary: Typically best practice says to keep one single clearing account to avoid unnecessary account combinations and complicate reconciliations. Please share why to u… -
Depreciation Expense is appearing zero in Asset Cost and Reserve report for Tax Asset BookSummary: We ran depreciation for the current period and then submitted Asset Cost & Reserve Report ESS job for the previous closed period. The report generated is showin… -
Asset Category which are assigned to Asset books SQL Query requiredSummary: Asset Category which are assigned to Asset books SQL Query required Content (required): I need Asset Category which are assigned to Asset books SQL Query along … -
Asset assignment to employee mass importSummary: How to do Asset assignment to employee mass import Content (required): Version (include the version you are using, if applicable): Code Snippet (add any code sn…
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Lease accounting in Asset ModuleSummary: Is it possible to adjust leases after generating the invoices? Content (required): User generated the invoice for the current month lease payment but it should …
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Set up prorate convention to acquisition month no depreciation and disposal month full depreciation.Summary: Content (required): Please do advise on how to set up the prorate convention to "acquisition month no depreciation and disposal month full depreciation. As per …
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It posible select the depreciation date?Summary: For example. We have an asset that we are going to put into service in January 2021. and will begin to depreciate in April 2022. it is necessary not to calculat…
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you can't enter amortized adjustments for this bookSummary: Content (required): Hi, i created the assets and uploaded them to the system correctly. When I then try to post them, the assets will go into "Exceptions", with…
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Assets - cost adjustment affects depreciation of the next month not the current monthHello, the scenario is as follows: 1. Asset is in service for several months 2. There is a modernization done on the asset, which causes a change in the cost of the asse…
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gain or loss amount for retirementSummary: Content (required): is it possible to view the gain or loss amount before posting? Version (include the version you are using, if applicable): 22b Code Snippet …
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rest API for asset update - Depreciation Expense accountSummary: Is there a rest API for updating Depreciation Expense account? Content (required): Version (include the version you are using, if applicable): Code Snippet (add…
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Calendar Period Not Available In Current Period List Of Values (LOV) When Creating New Asset BookCalendar Period Not Available In Current Period List Of Values (LOV) When Creating New Asset Book Hi I am trying to create an Asset Book, however I am unable to find any…
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Asset category change using NBVSummary: Content (required): For our Asset Category Key Flexfield, we are using 3 segments: Major, Minor, and a third "Entity" that is the same as the GL balancing segme…
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Asset Calendar and GL Calendar Not in Sync.We had an issue earlier in the year where the GL calendar for Period 2 in the General Ledger did not match the Fixed Asset calendar for the same period. GL calendar for …
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Oracle ERP Cloud - How can I pause depreciation for an Asset up for sale?Summary: Per ASC 360 - Depreciation is not recorded during the period in which the long-lived asset is classified as held for sale. Content (required): Version (include …
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Asset Adjusted due to incorrect life need desired resultsSummary: Assets uploaded with wrong life . Depreciation values changes. Realized later by the user. Now system is not allowing to get expected results if we change life … -
Can the depreciation expense account be changed on an existing asset?Summary: We have moved to new set of cost centres and hence we have disabled the combinations with old cost centres. How can i easily manage the existing assets? Since t…
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Group Assets - can future-added assets use bonus depreciation?Summary: We would like to utilize the Group Asset functionality for our Canada and UK assets. Assume a Group Asset currently has 10 member assets, and the group's Depr M…
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Depreciation calculation after Adjustment to AssetSummary: An Asset Cost is Its life was periods 120 which was put wrongly. so it calculated YTD depreciation for May 2022 as When adjusted and corrected to Life in period…
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Asset accounting in Tax Book is happening despite 'Post to Ledger' option checkbox is uncheckedSummary: In the Tax Asset Book, Post to Ledger option is unchecked since there is no requirement for accounting in Tax Asset Book. However, I can see that accounting is …
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Option to rollback Depreciation for current monthSummary: Earlier it use to be the depreciation would not effect and after calculate depreciation it use to roll back until accounting or period close how this can be ach…
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What is Recoverable Cost in the asset inquiry window?Summary: Content (required): What is the Recoverable Cost in the asset inquiry window? Is it the same as current cost or is there any purpose or way the Recoverable Cost…
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Created in Error - Please IgnoreSummary: Inventory Report shows asset condition as "Good", but we can't find that field in Asset Inquiry screens Content (required): In EBS Assets there was a field call…Peggy Sangiorgi-Oracle 4 views 1 comment 0 points Most recent by Saipriya Vaidyanaathan-Oracle Assets
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What depreciation method to be used for Reducing Balance Method - Asset DepreciationSummary: Content (required): What method is to be used if the requirement of depreciation is reducing balance method? The depreciation calculation should be on the NBV. …
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re-opening a periodSummary: re-opening a period Content (required): hi, is it possible to reopen a period closed in FA? maybe generating a concurrent? thanks Version (include the version y…
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Can we do initial mass copy to Tax book in the second month after conversion?Summary: Can we do initial mass copy to Tax book in the second month after conversion without copying to tax book in the first month and closing the first tax book perio… -
Manage Value Sets task returning no results for Value Set Codes that have been used in the past.Summary: Attempting to add a new department for fixed assets. I have tried using the Value Set Code, Module, and Description fields with text previously used but all ret…
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Asset not appearing in Retire Assets pageSummary: User wants to retire an asset, but it is not found in the Search section when the Corporate book is selected. Other info: The asset is available on the Retire A…
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After 'Transfer asset to FA' process, assets came as 2 lines in FA, any particular reason why?Hello All, I created assets manually from Projects->Assets area. After that generated asset lines and transferred asset to FA. But when we check in FA, assets are coming…
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Can we amortize the impairment reserve over the remaining useful life of the asset?Summary: We have a requirement from client from France to amortize impairment reserve over the remaining useful life of the asset without changing the original depreciat…