Automatic Asset number Vs Manual Asset number in Oracle Fixed Asset Module

Automatic Asset number Vs Manual Asset number in Oracle Fixed Asset Module

Oracle Financials > Oracle Fixed Asset

Automatic Asset Number is defined at Enterprise level.

The asset number is automatically and sequentially created by the system. The asset numbering is not available per book but across all books, sequentially. You can overwrite the asset number and you can use alphanumeric characters. The tag number has to be entered manually. It has to be unique.

An asset number uniquely identifies each asset. When you add an asset, you can enter the asset number, or leave the field blank to use automatic asset numbering. If you enter an asset number, it must be unique and not in the range of numbers reserved for automatic asset numbering. You can enter any number that is less than the number in the Starting Asset Number field in the System Controls window, or you can enter any non-numeric value.

Navigation: Oracle Fixed Asset >Setup> Asset System>System Controls