Asset Books

Release 12 Oracle Asset Management Fundamentals

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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
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Agenda

Asset Books Positioning Asset Books Regions Group Depreciation Energy Assets Security by Book

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Asset Books Positioning

New assets are assigned to a Category then to a Book

Corporate Tax

Asset Books
Assets Assigned to

Budget

Asset Categories

Asset Calendars

Assigned Depreciation Methods to

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Asset Books Regions

Define Asset Books

Calendar

Accounting Rules

Natural Accounts

Journal Categories

4 Regions

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Calendar Region

Allow Purge

GL Ledger
Allow GL Posting Depreciation Calendar Prorate Calendar Current Period

Calendar Region

Divide Depreciation Depreciate if Retired in First Year

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Accounting Rules Region

Capital Gain Threshold Allow Amortized Changes Allow Mass Changes Create Intercompany Balancing Entries Allow Cost Sign Changes Accounting Rules Region Allow Revaluations

Allow Group Depreciation

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Natural Accounts Region

Retirement Accounts Other Natural Account Defaults Account Generator Defaults

Natural Accounts Region

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Group Depreciation

Group Asset

Member Asset 1

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.

Copyright 2007, Oracle. All rights reserved.

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

Member Assets

Group Asset

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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

Security by Book Co 1 User Co 2 User What is it Good For? Absolutely Something!

Co 1 Asset Book

Co 3 User

Co 4 User

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Organizations and Security by Book

UK User

UK Security Profile

Oracle UK

Manchester Manchester Security Profile User

Oracle Manchester

Oracle London

London Security London Profile User

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How Security by Book Is Used within Process Flow

Responsibility

Users

Manage assets Run depreciation and close books View reports

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Security by Book Setup Steps

Define your Organizations

Specify the Hierarchy

Setup Security Profiles

Run the Security List Maintenance Program

Create Responsibilities

Attach Security Profiles to Responsibilities

Assign Responsibilities to Users

Copyright 2007, Oracle. All rights reserved.

Security by Book Setup Steps

Define your Organizations

Specify the Hierarchy

Setup Security Profiles

Run the Security List Maintenance Program

Create Responsibilities

Attach Security Profiles to Responsibilities

Assign Responsibilities to Users

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
Copyright 2007, Oracle. All rights reserved.