Oracle Fixed Asset Mass Addition Process - Oracle Fixed Asset

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Fixed Asset Mass Addition Process:

In this article I will explain the mass assets process of Oracle Fixed Asset Module.

This process start from the payables module to Fixed Asset Module.

I assume in payables  Assets Invoices are recorded and Track as Fixed Asset checked.

Oracle Payables Part:

Navigation: Payables > View>Request>New Request

Select Report Mass Additions Create

Enter the Parameter for report

Enter GL Date

Select Asset Book

Press OK 

Then Press Submit to Submit the report.

Run Mass Additions Create Report 

Then Select Asset Book

And Press OK

Then Submit Report.

Oracle Fixed Assets Part:

Navigation: Fixed Asset > Mass Additions> Prepare Mass Additions

Select the Queue as New

Press OK

Then Press Find

All the invoices will come

Change the Queue to POST

Select the Correct Category ( Asset Category)

Select the Expense Account 

Select the Location

Optionally select the Employee Name & Number 

You can change the Date in Service 

Can change the Cost  

Then Press Asset Details TAB

Enter Asset Number 

Enter Tag Number 

Select Asset Key

Select  In Use

Check In Physical Inventory

Then Press Depreciation TAB

Depreciation method will automatically selected

Enter Salvage Value

Then Press Done

Run Post Mass addition report to post the mass addition into asset registry.

Navigation: Fixed Asset > Mass Additions> Post Mass Additions

Select the parameter for Mass Addition Post 

Select the parameter for Mass Addition Posting Report 

Then Press OK

Press Submit 

For more details please visit http://www.oracle.com/
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