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R12 Asset Books
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Copyright © 2007, Oracle. All rights reserved.Copyright © 2007, Oracle. All rights reserved.
Asset Books
Release 12 Oracle Asset Management Fundamentals
Copyright © 2007, Oracle. All rights reserved.
Objectives
After completing this module, you should be able to do the following:• Explain where defining asset books fits into the Oracle
Assets process• Discuss the three types of asset books – corporate, tax
and budget• Explain the setup options and implementation issues
concerning the regions of the defining asset books window
• Set up Group Assets• Discuss energy assets• Explain the set up and use of the Security by Book
feature within Oracle Assets• Discuss the process flow required to create Security by
Book
Copyright © 2007, Oracle. All rights reserved.
Agenda
• Asset Books Positioning• Asset Books Regions• Group Depreciation• Energy Assets• Security by Book
Copyright © 2007, Oracle. All rights reserved.
Asset Books Positioning
Corporate
Tax
Budget
Asset Categories
Asset Calendars
Depreciation Methods
Asset BooksAssets
Assigned to
Assigned to
New assets are assigned to a Category then to a Book
Copyright © 2007, Oracle. All rights reserved.
Asset Books Regions
Calendar Accounting Rules
Natural Accounts
Journal Categories
Define Asset Books
4 Regions
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Calendar Region
Calendar Region
Allow Purge
GL Ledger
Depreciation Calendar
Prorate Calendar
Current Period
Divide Depreciation
Depreciate if Retired in First Year
Allow GL Posting
Copyright © 2007, Oracle. All rights reserved.
Accounting Rules Region
Accounting Rules
Region
Allow Amortized Changes
Allow Mass Changes
Allow Revaluations
Allow Group Depreciation
Capital Gain Threshold
Allow Cost Sign Changes
Create Intercompany Balancing Entries
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Natural Accounts Region
Natural Accounts
Region
Retirement Accounts
Other Natural Account Defaults
Account Generator Defaults
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Group Depreciation
Member Asset 1
Group Asset
Member Asset 2
Member Asset 3 Member Asset 4
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Group Depreciation in the Global Market
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Group and Member Asset Rules
Group and Member Asset Rules provide:
Predefined rules, which help to simplify asset management across your business, by ensuring tight control across capital investments and providing real-time access to asset information.
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Set Up Group Assets
In the Book Controls window:
Field
Class
Allow Amortized Changes
Allow Group Depreciation
Value
Corporate
Yes
Yes
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Assigning Member Assets to Group Assets
Group Asset
Member Assets
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Group Asset Reserve Transfer
Group Asset 1 Group Asset 2
Transfer Reserve
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Energy Assets
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Security by Book
Co 1 User Co 2 User
Co 3 User Co 4 User
Co 1 Asset Book
Security by Book
What is it Good For?
Absolutely Something!
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Organizations and Security by Book
UK User Oracle UKUK Security Profile
Manchester User
Manchester Security Profile
Oracle Manchester
Oracle London
London Security Profile
London User
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How Security by Book Is Usedwithin Process Flow
Responsibility
Manage assets
Run depreciation and close books
View reports
Users
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Security by Book Setup Steps
Specify the Hierarchy
Setup Security Profiles
Run the Security List Maintenance
Program
Create Responsibilities
Assign Responsibilities
to Users
Define your Organizations
Attach Security Profiles to
Responsibilities
Copyright © 2007, Oracle. All rights reserved.
Security by Book Setup Steps
Specify the Hierarchy
Setup Security Profiles
Run the Security List Maintenance
Program
Create Responsibilities
Assign Responsibilities
to Users
Define your Organizations
Attach Security Profiles to
Responsibilities
Copyright © 2007, Oracle. All rights reserved.
Troubleshooting Security by Book
It doesn't work…
What happened?
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Implementation Considerations for Security by Book
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Summary
In this module, you should have learned how to:• Explain where defining asset books fits into the Oracle
Assets process• Discuss the three types of asset books – corporate, tax
and budget• Explain the setup options and implementation issues
concerning the regions of the defining asset books window
• Set up Group Assets• Explain energy assets• Explain the set up and use of the Security by Book
feature within Oracle Assets• Discuss the process flow required to create Security by
Book
