Oracle Assets allows you to transfer multiple assets in one transaction. You use the Transfer From and Transfer to fields to identify the assets to be transferred. You can transfer between expense accounts, locations, and employees and employee numbers. By selecting any combination of these criteria, you can further restrict the range of assets to be transferred. (N) Mass Transactions > Transfers
Select the corporate depreciation Book for the assets you want to transfer
Select the corporate depreciation Book for the assets you want to transfer
Friday, 8 July 2011
using mass changes-oracle erp r12
(N) Mass Transactions > Changes Sometimes a change applies to more than one asset. This can be a change in the prorate convention, the depreciation method, or the life, rates, capacity, and unit of measure for the method. For example, tax laws for a group of assets may change. If you enable Mass Change for the specified book, you can make expensed adjustmen Now you can adjust your asset financial information then click (B) done ts to financial information for a group of assets
C-Adjusting Financial Information: Oracle applications R12-1.1 financial
C-Adjusting Financial Information: You adjust the financial information in the Books window to correct an error, update the financial and depreciation data, and expense or amortize the adjustment following the period in which you added the asset.
B-Adjusting Asset Units: Oracle applications R12-1.1 financial
You change the number of units for an asset in the Asset Details window which will then take you to the Assignments widow to update the distribution and assignment information
Assets > Asset Workbench
Enter your asset information then click (B) find Find your asset notice the unit's status
Assets > Asset Workbench
Enter your asset information then click (B) find Find your asset notice the unit's status
Find the assets you want to reclassify
Find the assets you want to reclassify. -Specify the corporate book on which you want to run reclassification.
-Optionally specify other asset selection criteria in the following fields: Asset Type-Expense Accounts-Location-Group Asset-Employee Name-Employee Number-Category -Asset Key-Cost Range-Asset Numbers and Dates in Service. - Enter the new category.
Copy category descriptive flexfield to new category: Specify if you want the current category descriptive flexfield information copied to the new category. If you do not choose to copy the flexfield information, the current category Descriptive flexfield information will be deleted. Inherit description rules of new category: Specify whether to inherit the depreciation rules of the new category. If you choose to inherit the depreciation rules of the new category, specify whether to amortize the changes. Click (B) Preview to run the Mass Reclassification Preview report. Query the Mass Transaction number and choose Run to submit the Mass Reclassification concurrent process.
-Optionally specify other asset selection criteria in the following fields: Asset Type-Expense Accounts-Location-Group Asset-Employee Name-Employee Number-Category -Asset Key-Cost Range-Asset Numbers and Dates in Service. - Enter the new category.
Copy category descriptive flexfield to new category: Specify if you want the current category descriptive flexfield information copied to the new category. If you do not choose to copy the flexfield information, the current category Descriptive flexfield information will be deleted. Inherit description rules of new category: Specify whether to inherit the depreciation rules of the new category. If you choose to inherit the depreciation rules of the new category, specify whether to amortize the changes. Click (B) Preview to run the Mass Reclassification Preview report. Query the Mass Transaction number and choose Run to submit the Mass Reclassification concurrent process.
reclassifications - Oracle applications R12-1.1 financial
reclassifications - Oracle applications R12-1.1 financial
You can reclassify a group of assets using the Mass Reclassifications window. In addition to reclassifying assets to a new category, when you run the Mass Reclassification process, you have the option to have assets inherit the depreciation rules of the new category. If you choose to have the reclassified assets inherit depreciation rules, you can also choose to either amortize or expense the resulting depreciation adjustments. Restrictions: -Reclassification is done at the asset level. If an asset cannot be reclassified in one book, the asset will not be reclassified in any of the books to which it belongs. -You cannot reclassify an asset in a prior period. (N) Mass transactions > reclassifications
You can reclassify a group of assets using the Mass Reclassifications window. In addition to reclassifying assets to a new category, when you run the Mass Reclassification process, you have the option to have assets inherit the depreciation rules of the new category. If you choose to have the reclassified assets inherit depreciation rules, you can also choose to either amortize or expense the resulting depreciation adjustments. Restrictions: -Reclassification is done at the asset level. If an asset cannot be reclassified in one book, the asset will not be reclassified in any of the books to which it belongs. -You cannot reclassify an asset in a prior period. (N) Mass transactions > reclassifications
A-Reclassifying an Asset: Oracle applications R12-1.1 financial
A-Reclassifying an Asset: You assign an asset to a new category in the Asset Details window to update information, correct data entry errors, and consolidate categories. -When you reclassify an asset in a period after the period you entered it, Oracle Assets creates journal entries to transfer the cost and accumulated depreciation to the asset cost and accumulated depreciation accounts of the new asset category. This occurs when you create journal entries for your general ledger. -Reclassification does not redefault the depreciation rules to the default rules from the new category. Manually change the depreciation rules in the Books or Mass Change windows if necessary.
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