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Asset Management

Course_Reference: 
SA-FAM
Manufacturer: 
0
Training_Provider: 
18
Summary: 

By the end of this course, delegates will be able to set up and use Oracle Assets for fixed asset management. Delegates will understand the asset life cycle. They will be able to add an asset, adjust and revalue an asset, calculate depreciation on an asset, transfer an asset and retire an asset. Delegates will also know how to use Mass Additions by integrating with Oracle Accounts Payables.

PreRequisites: 

An understanding of basic accounting concepts and the asset management function. Knowledge of Oracle Accounts Payable and General Ledger would be advantageous.

Audience: 

This course is designed for managers and end users.

  • Overview of Oracle Asset Management
  • Set up Asset Controls and Accounting Information
  • Define Asset Books and Categories
  • Set up Depreciation

Manual Asset Additions

  • Quick Additions
  • Detail Additions
  • Assets with Multiple Assignments

Mass Additions

  • Create and Prepare Mass Addition Lines
  • Post Mass Additions

  • CIP Asset Additions
  • Adjust and Maintain Assets
  • Clear Historical Data
  • Transfer Assets
  • Depreciate Assets and Project Asset Depreciation
  • Report Reconciliation
  • Retire / Reinstate Assets and Calculate Gains and Losses
  • Create Asset Management Journal Entries
  • Use the Account Generator
  • Asset Inquiry and Reporting

Tax Accounting

  • Define a Tax Asset Book
  • Add Asset Categories to a Tax Book
  • Perform an Initial Mass Copy
  • Run Depreciation for a Tax Book
Description: 

By the end of this course, delegates will be able to set up and use Oracle Assets for fixed asset management. Delegates will understand the asset life cycle. They will be able to add an asset, adjust and revalue an asset, calculate depreciation on an asset, transfer an asset and retire an asset.

Keywords: 
asset management,set up and use Oracle assets,understand the asset lifecycle,add an asset,revalue an asset

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IT Technical

Business Skills