Beruflich Dokumente
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Student Guide
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D14103GC10
Edition 1.0
July 2002
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The information in this document is subject to change without notice. If you find any problems in the documentation, please report
them in writing to Worldwide Education Services, Oracle Corporation, 500 Oracle Parkway, Box SB-6, Redwood Shores, CA 94065.
Oracle Corporation does not warrant that this document is error-free.
Oracle and all references to Oracle Products are trademarks or registered trademarks of Oracle Corporation.
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All other products or company names are used for identification purposes only, and may be trademarks of their respective owners.
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Author
Ray Kuzemchak
Technical Contributors and Reviewers
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oracletutor
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Table of Contents
Supplemental Student Practices .....................................................................................................................1-1
11i Asset Management Fundamentals ...........................................................................................................1-2
Objective........................................................................................................................................................1-3
Asset Controls Setup .....................................................................................................................................1-4
Practice 1.1 - Create a Location Key Flexfield Segment Value ................................................................1-5
Solution 1.1 Create a Location Key Flexfield Value ..............................................................................1-6
Practice 1.2 - Create a Location Key Flexfield Combination ....................................................................1-7
Solution 1.2 Create a Location Key Flexfield Combination...................................................................1-8
Practice 1.3 - Add QuickCode Values .......................................................................................................1-9
Solution 1.3 Add QuickCode Values......................................................................................................1-10
Practice 1.4 - Create an Oracle Assets Calendar........................................................................................1-11
Solution 1.4 Create an Oracle Assets Calendar ......................................................................................1-12
Asset Books ...................................................................................................................................................1-13
Practice 2.1 - Define an Asset Book ..........................................................................................................1-14
Solution 2.1 Define an Asset Book.........................................................................................................1-17
Practice 2.2 - Review Security by Book Setup ..........................................................................................1-18
Solution 2.2 Review Security by Book Setup.........................................................................................1-20
Asset Categories ............................................................................................................................................1-23
Practice 3.1 - Add Asset Category Key Flexfield Values..........................................................................1-24
Solution 3.1 Add Asset Category Key Flexfield Values.........................................................................1-25
Practice 3.2 - Define Asset Categories ......................................................................................................1-26
Solution 3.2 Define Asset Categories .....................................................................................................1-28
Practice 3.3 - Add Asset Categories to an Asset Book ..............................................................................1-29
Solution 3.3 Add Asset Categories to an Asset Book.............................................................................1-31
Manual Asset Additions ................................................................................................................................1-33
Practice 4.1 - Add an Asset Using QuickAdditions...................................................................................1-34
Solution 4.1 Add an Asset Using QuickAdditions .................................................................................1-35
Practice 4.2 - Add an Asset Using Detail Additions..................................................................................1-37
Solution 4.2 Add an Asset Using Detail Additions ................................................................................1-38
Practice 4.3 - Using Detail Additions and Parent Assets ...........................................................................1-40
Solution 4.3 Using Detail Additions and Parent Assets..........................................................................1-41
Practice 4.4 - Adding an Asset With Multiple Assignments .....................................................................1-43
Solution 4.4 Adding an Asset With Multiple Assignments ....................................................................1-44
Mass Asset Additions ....................................................................................................................................1-46
Practice 5.1 - Create Mass Addition Lines ................................................................................................1-47
Solution 5.1 Create Mass Additions .......................................................................................................1-49
Practice 5.2 - Prepare Mass Addition Lines...............................................................................................1-52
Solution 5.2 Prepare Mass Addition Lines .............................................................................................1-54
Practice 5.3 - Post Mass Additions ............................................................................................................1-56
Solution 5.3 Post Mass Additions...........................................................................................................1-57
Practice 5.4 - Add Assets Using ADI ........................................................................................................1-58
Solution 5.4 Add Assets Using ADI.......................................................................................................1-60
CIP Asset Additions ......................................................................................................................................1-62
Practice 6.1 - Create a CIP Asset and Add Costs.......................................................................................1-63
Solution 6.1 Create a CIP Asset and Add Costs .....................................................................................1-65
Practice 6.2 - Add a CIP Asset Cost via Mass Addtions ...........................................................................1-67
Solution 6.2 Add a CIP Asset Cost via Mass Additions .........................................................................1-69
Practice 6.3 - Capitalize a CIP Asset .........................................................................................................1-72
Solution 6.3 Capitalize a CIP Asset........................................................................................................1-73
Asset Adjustments .........................................................................................................................................1-74
Practice 7.1 - Perform Single Asset Adjustments ......................................................................................1-75
Solution 7.1 Perform Single Asset Adjustments.....................................................................................1-76
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Preface
Profile
Before You Begin This Course
Before you begin this course, you should have the following qualifications:
Prerequisites
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This is an instructor-led course featuring lecture and hands-on exercises. Online demonstrations
and written practice sessions reinforce the concepts and skills introduced.
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Related Publications
Oracle Publications
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Publications
read.me files
Oracle Magazine
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Typographic Conventions
Typographic Conventions in Text
Convention
Bold italic
Element
Glossary term (if
there is a glossary)
Example
The algorithm inserts the new key.
Caps and
lowercase
Buttons,
check boxes,
triggers,
windows
Courier new,
case sensitive
(default is
lowercase)
Code output,
directory names,
filenames,
passwords,
pathnames,
URLs,
user input,
usernames
Initial cap
Graphics labels
(unless the term is a
proper noun)
Italic
Arrow
Brackets
Commas
Emphasized words
and phrases,
titles of books and
courses,
variables
Interface elements
with long names
that have only
initial caps;
lesson and chapter
titles in crossreferences
SQL column
names, commands,
functions, schemas,
table names
Menu paths
Key names
Key sequences
Plus signs
Key combinations
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Quotation
marks
Uppercase
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Element
Oracle Forms
triggers
Column names,
table names
Example
When-Validate-Item
Passwords
SELECT last_name
FROM s_emp;
PL/SQL objects
Lowercase
italic
Uppercase
Syntax variables
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This course uses simplified navigation paths, such as the following example, to direct you
through Oracle Applications.
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(N) Invoice > Entry > Invoice Batches Summary (M) Query > Find (B) Approve
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(N) From the Navigator window, select Invoice then Entry then Invoice Batches
Summary.
2.
3.
Notations:
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(N) = Navigator
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(M) = Menu
Or
(T) = Tab
(B) = Button
(I) = Icon
(H) = Hyperlink
In the navigation frame of the help system window, expand the General Ledger entry.
2.
3.
4.
Review the Enter Journals topic that appears in the document frame of the help system
window.
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Supplemental Student
Practices
Chapter 1
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Objective
Objective
These Practices have been compiled to allow the
Learner to apply their knowledge of Oracle Asset
Management by completing exercises that build upon
one another.
In performing these Practices, the Learner will be able
to obtain an understanding of the flow of Asset
Management transactions and the implications of
system implementation decisions.
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA).
Replace XX in the Practice with a unique identifier such as your initials or a number.
(For Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Tasks
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Add a new Location key flexfield value for the Building segment naming it XX_BUILDING.
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(N) Setup > Financials > Flexfields > Key > Values
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Value
Application
Oracle Assets
Title
Location Flexfield
Structure
Segment
Building
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4.
5.
6.
Save your work. (use the Diskette Toolbar icon or the CTRL + S keyboard combination).
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA).
Replace XX in the Practice with a unique identifier such as your initials or a number.
(For Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Tasks
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Add a new Location key flexfield combination using the following segment values:
Segment Name
Country
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Building
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City
Value
USA
State
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CA
SAN DIEGO
XX_BUILDING
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3.
Enter or chose from the List of Values the segment values as listed above.
4.
Save your work. (use the Diskette Toolbar icon or the CTRL + S keyboard combination)
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA).
Replace XX in the Practice with a unique identifier such as your initials or a number.
(For Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Tasks
Add New Asset Description QuickCodes
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Add the following two new asset description values to the Oracle Assets QuickCode Type
ASSET DESCRIPTION:
Value
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Description
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XX_60 FT BOXCAR
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XX_60 Ft Boxcar
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2.
Place the QuickCodes form in query mode by using the F11 key.
3.
4.
5.
Click in the Value field and then choose the New icon on the Toolbar to insert a new record.
6.
7.
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA).
Replace XX in the Practice with a unique identifier such as your initials or a number.
(For Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Replace the year references of YYYY and YY with the calendar year of your choice or
as directed by the Instructor (e.g. 2002 or Jan-02). Keep in mind though, that some
transactions require calendar dates and calendar periods be defined and enabled in order
to be processed.
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Tasks
Create a New Calendar
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Create a new Oracle Assets Calendar named XX_Calendar (where XX is your unique identifier).
Assign the calendar to the existing Fiscal Year named ACCOUNTING. The calendar will use
the Calendar period suffix, has 12 periods per year and should be setup for the Period dates 01JAN-YYYY through 31-DEC-YYYY. The Period names should use the format Mmm-YY (e.g.
Jan-YY).
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2.
Value
Calendar
XX_Calendar
Description
XX_Calendar
Period Suffix
Fiscal Year
12
Period Name
Jan
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After entering the first row in the Period table, tab to the second line and just enter Feb for
the Period Name. The Oracle Assets system will complete the dates and provide the suffix
for the Period Name. Continue for all periods through Period 12.
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31-JAN-YYYY
3.
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Asset Books
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Asset Books
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA).
Replace XX in the Practice with a unique identifier such as your initials or a number.
(For Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Replace the year references of YYYY and YY with the calendar year of your choice or
as directed by the Instructor (e.g. 2002 or Jan-02). Keep in mind though, that some
transactions require calendar dates and calendar periods be defined and enabled in order
to be processed.
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Tasks
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Go to the Book Controls form and enter the following Asset Book header and Calendar region
data:
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Field Name
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Name
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Class
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Value
XX_CLASS BOOK
Corporate
Description
XX_CLASS BOOK
GL Set of Books
Vision Operations
Allow GL Posting
Yes (checked)
Depreciation Calendar
Monthly
Prorate Calendar
Monthly
Current Period
Dec-YY
Divide Depreciation
Evenly
Field Name
Value
Yes (checked)
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Loss
Proceeds of Sale
7850
7851
1247
Cost of Removal
7852
7853
2240
7854
7855
7854
7855
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Intercompany Receivables
or
Intercompany Payables
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1810
2370
2540
7860
Depreciation Adjustment
1690
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Clearing
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01-000-9999-0000-000
Value
Addition
Field Name
CIP Additions
Value
CIP Addition
Field Name
Value
Field Name
Value
Adjustments
Adjustment
CIP Adjustments
CIP Adjustment
Retirements
Retirement
CIP Retirements
CIP Retirement
Reclass
Reclass
CIP Reclass
CIP Reclassification
Transfers
Transfer
CIP Transfers
CIP Transfer
Revaluation
Revaluation
Depreciation
Depreciation
Deferred Depreciation
Deferred Depreciation
Depreciation Adjustment
Depreciation Adjustment
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2.
Enter the Book Controls Header and Calendar Region data per Task instruction.
Tab through all the fields of the Calendar region or click on the Accounting Rules tab.
4.
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Tab through all the fields of the Accounting Rules region or click on the Natural Accounts
tab.
6.
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7.
Tab through all the fields of the Natural Accounts region or click on the Journal Categories
tab.
8.
9.
Save your work by clicking on the Save icon on the toolbar or using the CTRL + S keyboard
combination.
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Assumptions
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Tasks
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Verify Security by Book has Been Setup Correctly for Vision Corporate
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As the System Administrator for Oracle Corporation, it is your responsibility to guarantee that
only certain individuals have access to information regarding assets in various parts of your
organization. Your organization consists of a corporate headquarters, Vision Corporate, and two
divisions, Vision Operations and Vision Services. Each division has a general ledger set of books
and related asset books. You want to allow the fixed assets manager of each division to have
access only to the asset books belonging to his or her division and not to be able to access
information for any other divisions. The fixed assets manager for Vision Corporate has access to
all the books of all organizations.
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Security Profile
Responsibility
Userid
CORPORATE
Password
WELCOME
OPERATIONS
WELCOME
SERVICES
WELCOME
Verify security has been set up correctly for the Vision Corporate Asset Manager by accessing
the following assets:
Asset Number
100081
100132
SVSC CORP
100530
SVCS FEDERAL
Verify Security by Book has Been Setup Correctly for Vision Operations
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Verify security has been set up correctly for the Vision Operations organization by accessing the
same assets listed in the previous Task.
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Verify Security by Book has Been Setup Correctly for Vision Services
Verify security has been set up correctly for the Vision Services organization by accessing the
same assets listed in the first Task:
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Logon to Oracle Applications using the Username CORPORATE and the Password
WELCOME. If already logged into the system, choose File > Log on as a Different User
from the Menu Bar.
2.
3.
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4.
Search for asset number 100081 by entering the number in the Asset Number field and
clicking the Find button.
5.
6.
Note that the Asset Books OPS CORP and OPS FEDERAL are shown. Close the View
Financial Information Form.
7.
Click the Flashlight icon on the toolbar and enter the next asset number 100132 and click the
Find button.
8.
9.
Note that the Asset Book SVSC CORP is shown. Close the View Financial Information
Form.
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10. Click the Flashlight icon on the toolbar and enter the next asset number 100530 and click the
Find button.
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Verify Security by Book has Been Setup Correctly for Vision Operations
13. Logon to Oracle Applications using the Username OPERATIONS and the Password
WELCOME.
14. Choose the Assets, Vision Operations (USA) responsibility.
15. Navigate to the Financial Information window
16. Enter the asset number 100081 and click the Find button
17. In the Assets Form, click on the Books button.
18. Note that the Asset Books OPS CORP and OPS FEDERAL are shown. Close the View
Financial Information Form.
19. Click the Flashlight icon on the toolbar and enter the next asset number 100132 and click the
Find button.
20. You should receive a message that Query caused no records to be retrieved.
21. Enter the next asset number 100530 and click the Find button.
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22. You should again receive a message that Query caused no records to be retrieved.
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Verify Security by Book has Been Setup Correctly for Vision Services
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24. Logon to Oracle Applications using the Username SERVICES and the Password
WELCOME.
25. Choose the Assets, Vision Services (USA) responsibility.
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27. Search for asset number 100081 by entering the number in the Asset Number field and
clicking the Find button.
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28. You should receive a message that Query caused no records to be retrieved.
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29. Enter the next asset number 100132 and click the Find button.
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31. Note that the Asset Book SVSC CORP is shown. Close the View Financial Information
Form.
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32. Click the Flashlight icon on the toolbar, enter the next asset number 100530 and then click
the Find button.
35. Logon to Oracle Applications using the Username OPERATIONS and the Password
WELCOME or the unique Username you set up for this class.
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Asset Categories
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Asset Categories
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Assumptions
Use the Oracle Oracle Assets seeded Responsibility > Assets, Vision Operations (USA).
Replace XX in the Practice with a unique identifier such as your initials or a number.
(For Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Tasks
Add Category Key Flexfield Values
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Add the following values to the Major Category and Minor Category segments of the Asset
Category Key Flexfield. Remember that the Minor Category segment is Dependent on the value
in the Major Category segment:
Segment
Value
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Description
Major Category
XX_RAILCARS
XX_Rail Cars
Minor Category
XX_BOXCAR
po
XX_Boxcar
XX_TANKCAR
XX_Tank Car
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Minor Category
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2.
(N) Setup > Financials > Flexfields > Key > Values
Oracle Assets
<List of Values>
Title
Category Flexfield
<List of Values>
Structure
<List of Values>
Segment
Major Category
<List of Values>
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3.
4.
Place you cursor in the Value field and click the New icon on the Toolbar to get a new
record.
5.
l
a
-s
Value
Description
XX_RAILCARS
XX_Rail Cars
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6.
Once you have done this, please save your record and place your cursor in the Independent
Segment field, and click the Find icon on the toolbar.
7.
In the Find Key Flexfield Segment window, change the Segment Value to Minor Category
and in the Independent Value field, choose XX_RAILCARS from the List of Values. Then
click the Find button.
8.
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Click in the Value field and enter the following new records:
Value
XX_BOXCAR
Description
XX_Boxcar
9.
Save your work by clicking on the Diskette icon on the Toolbar or using the CTRL + S key
combination.
Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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The segment separator for the accounting flexfield may not be a dash -. Substitute the
applicable segment separator if necessary.
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Define a new Asset Category combination with the Major category named XX_RAILCARS and
the Minor Category XX_BOXCAR. Assets in this Category will be Non-leased, owned,
personal property with a property class of 1245. You want to allow this Asset Category to be
used in both the OPS CORP and XX_CLASS BOOK asset books. Use the following general
ledger accounts and default depreciation rules:
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Field Name
XX_CLASS BOOK
01-000-1530-0000-000
01-000-1530-0000-000
01-000-1570-0000-000
01-000-1570-0000-000
7330
7330
01-000-1630-0000-000
01-000-1630-0000-000
Bonus Expense
7330
7330
Bonus Reserve
01-000-1630-0000-000
01-000-1630-0000-000
Depreciation Method
STL
STL
Life
20 Years 0 Months
20 Years 0 Months
Prorate Convention
FOL-MONTH
MONTH
Retirement Convention
FOL-MONTH
MONTH
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2.
In the Category field, choose XX_RAILCARS as the Major Category segment and
XX_BOXCAR as the Minor Category segment.
3.
Accept the default values in the checkboxes and enter the following information:
Description
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XX-Category
Category Type
Non-lease
Ownership
Owned
Property Type
Personal
Property Class
1245
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4.
5.
6.
7.
8.
Save your work and close the Default Depreciation Rules form.
9.
The cursor should be in the Book field of the Asset Categories window.
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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The segment separator for the accounting flexfield may not be a dash -. Substitute the
applicable segment separator if necessary.
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In order to later add assets to the XX_CLASS BOOK, you need to add the following existing
asset categories to it. The asset categories and their applicable data are as follows:
Field Name
Asset Category
1
Asset Category
2
Asset Category
3
Asset Category
4
COMPUTERPC
VEHICLEOWNED
LUXURY
VEHICLEOWNED
HEAVY
BUILDINGOFFICE
Asset Cost
01-000-15600000-000
01-000-15500000-000
01-000-15500000-000
01-000-15200000-000
Asset Clearing
01-000-15700000-000
01-000-15700000-000
01-000-15700000-000
01-000-15700000-000
Depreciation
Expense Segment
7360
7350
7350
7320
Accumulated
Depreciation
01-000-16600000-000
01-000-16500000-000
01-000-16500000-000
01-000-16200000-000
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Category Name
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Bonus Expense
7360
7350
7350
7320
Bonus Reserve
01-000-16600000-000
01-000-16500000-000
01-000-16500000-000
01-000-16200000-000
CIP Cost
01-000-15800000-000
CIP Clearing
01-000-15900000-000
Method
STL
STL
STL
STL
Life Years
15
40
Life Months
Prorate
Convention
MONTH
MONTH
MONTH
MONTH
Retirement
Convention
MONTH
MONTH
MONTH
MONTH
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2.
In the Asset Categories form, start query mode (F11) and enter COMPUTER-PC in the
Category field. Execute the query (CTRL+F11).
3.
Place the cursor in the Book field and select (B) New from the Toolbar.
4.
From the List of Values for the Book field, choose XX_CLASS BOOK.
5.
6.
7.
8.
Save your work and close out of the Default Depreciation Rules form.
9.
Back in the Asset Categories form, click in the Category field, enter query mode (F11) , and
retrieve the VEHICLE-OWNED LUXURY category.
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10. After the record is retrieved, click in the Book field and select (B) New.
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11. From the List of Values, choose XX_CLASS BOOK for the Book field.
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13. When finished, save your work and close out of the Default Depreciation Rules form.
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14. Back in the Asset Categories form, click in the Category field, enter query mode (F11) , and
retrieve the VEHICLE-OWNED HEAVY category.
Or
15. After the record is retrieved, click in the Book field and select (B) New.
16. From the List of Values, choose XX_CLASS BOOK for the Book field.
17. Enter the GL Account and Default Rules information as requested.
18. When finished, save your work and close out of the Default Depreciation Rules form.
19. Back in the Asset Categories form, click in the Category field, enter query mode (F11) , and
retrieve the BUILDING-OFFICE category.
Copyright Oracle Corporation, 2002. All rights reserved.
20. After the record is retrieved, click in the Book field and select (B) New.
21. From the List of Values, choose XX_CLASS BOOK for the Book field.
22. Enter the GL Account and Default Rules information as requested.
23. When finished, save your work and close out of the Default Depreciation Rules form.
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA).
Replace XX in the Practice with a unique identifier such as your initials or a number.
(For Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Replace the year references of YYYY and YY with the calendar year of your choice or
as directed by the Instructor (e.g. 2002 or Jan-02). Keep in mind though, that some
transactions require calendar dates and calendar periods be defined and enabled in order
to be processed.
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The segment separator for the accounting flexfield may not be a dash -. Substitute the
applicable segment separator if necessary.
Tasks
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Your organization has just purchased a Limousine. Use the QuickAdditions feature of Oracle
Assets to record the purchase of this asset. The asset will be added to the XX_CLASS BOOK
asset book, categorized as a luxury vehicle and has a cost of 100,000. It should not be assigned
to any employee and depreciation expense will be charged to Dept. 130. The Limousine is
located in San Francisco with no building and should be tagged XX_LIMO. Its plate number is
LIMO1 which is renewed on December 31 of each year.
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2.
3.
Field Name
Description
LIMO
Tag Number
Category
VEHICLE-OWNED LUXURY
License Plate
LIMO1
31-DEC-YYYY
Asset Type
Capitalized
Book
XX_CLASS BOOK
Cost
100,000
Employee Name
(Leave blank)
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01-130-7350-0000-000
or
Location
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USA-CA-SAN FRANCISCO-NONE
4.
Leave the Supplier information, Asset Key and Serial Number fields blank.
5.
6.
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7.
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Expense Account
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Value
9. In the Find Transactions form, enter the Book XX_CLASS BOOK and the asset number for
the Limousine.
10. Select the Find button.
11. Review the transactions by selecting each Transaction Type and clicking the Details button.
12. When finished reviewing, close the Transaction History form and return to the Navigator.
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA).
Replace XX in the Practice with a unique identifier such as your initials or a number.
(For Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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The segment separator for the accounting flexfield may not be a dash -. Substitute the
applicable segment separator if necessary.
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Tasks
Add an Asset Using Detail Additions
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Your organization has just purchased a 60 ft Boxcar to add to its rolling stock. Use the Detail
Additions feature of Oracle Assets to record the purchase of this asset. The asset will be added
to the XX_CLASS BOOK, categorized as a Railcar and has a cost of 350,000. It should be
assigned to Ellen Palm and depreciation expense will be charged to Dept. 110. The boxcars
location is in New York City and it is not assigned to a building. Because management is afraid
of misplacing it, it should be tagged XX_BOXCAR. The boxcar is considered Personal Property
and classified as 1245 property. This boxcar will be depreciated using the STL method for 25
years.
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2.
3.
Enter the following information in the Asset Details forms applicable fields:
Field Name
Description
Tag Number
Category
XX_RAILCAR-XX_BOXCAR
Asset Type
Capitalized
Property Type
Personal
Property Class
1245
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Method
6.
Value
XX_CLASS BOOK
350,000
STL 25 years 0 Months
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7.
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Book
Current Cost
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Accept the default values for the other fields and click the Continue button.
Enter the following information in the Assignments form:
Field Name
Value
Unit Change
Employee Name
Expense Account
01-110-7350-0000-000
Copyright Oracle Corporation, 2002. All rights reserved.
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4.
Field Name
Value
Location
USA-NY-NEW YORK-NONE
8.
9.
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Or
Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA).
Replace XX in the Practice with a unique identifier such as your initials or a number.
(For Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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The segment separator for the accounting flexfield may not be a dash -. Substitute the
applicable segment separator if necessary.
Tasks
Add an Asset Using Detail Additions
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Your organization purchased an ultra supersonic CD Sound System for the Limousine you added
in Practice 4.1. Use the Detail Additions feature of Oracle Assets to record the purchase of this
asset and assign it as a child asset of the Limousine. The asset will be added to the XX_CLASS
BOOK, categorized as a heavy vehicle and has a cost of 5,000. It should be assigned to Brian
Adams and depreciation expense will be charged to Dept. 110. This asset is located along with
the Limo in San Francisco and is not assigned to a building. It should be tagged XX_CD. The
CD is considered Personal Property and classified as 1245 property.
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2.
3.
Enter the following information in the Asset Details forms applicable fields:
Field Name
Description
CD Sound System
Tag Number
Category
Asset Type
Capitalized
Parent Asset
Property Type
Personal
Property Class
1245
5.
or
rp
Book
Co
Current Cost
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7.
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Value
XX_CLASS BOOK
5,000
Accept the default values for the other fields and click the Continue button.
Enter the following information in the Assignments form:
Field Name
Value
Unit Change
Employee Name
Expense Account
01-110-7350-0000-000
Location
USA-CA-SAN FRANCISCO-NONE
Copyright Oracle Corporation, 2002. All rights reserved.
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Field Name
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6.
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Value
8.
9.
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA).
Replace XX in the Practice with a unique identifier such as your initials or a number.
(For Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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The segment separator for the accounting flexfield may not be a dash -. Substitute the
applicable segment separator if necessary.
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Tasks
Add an Asset With Multiple Assignments
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Your organization purchased a Laptop computer to be shared between Art Vandelay and Nancy
Woods. You decide which method to use to add the asset. Art is in Dept 110 and Nancy is in
Dept 120. They are both located in Building 1 in San Francisco. The asset will be added to the
XX_CLASS BOOK, categorized as a PC computer and has a cost of 7,850. It should be tagged
XX_LAPTOP.
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Navigate to the Detail Additions form (allows for multiple assignment lines)
2.
3.
Enter the following information in the Asset Details forms applicable fields:
Field Name
Description
Laptop
Tag Number
Category
COMPUTER-PC
Asset Type
Capitalized
Property Type
Personal
Property Class
1245
5.
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Field Name
or
Book
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Current Cost
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Value
XX_CLASS BOOK
7,850
Accept the default values for the other fields and click the Continue button.
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4.
6.
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Value
Or
Field Name
Value
Value
.5
.5
Employee Name
Woods, Ms Nancy
Expense Account
01-110-7360-0000-000
01-120-7360-0000-000
USA-CA-SAN FRANCISCO-1
USA-CA-SAN FRANCISCO-1
Unit Change
Location
8.
9.
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Replace any year references of YYYY and YY with the calendar year of your choice or
as directed by the Instructor (e.g. 2002 or Jan-02). Keep in mind that some transactions
require calendar dates and calendar periods be defined and enabled before hand in order
to be processed.
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The segment separator for the accounting flexfield may not be a dash -. Substitute the
applicable segment separator if necessary.
The AP accounting period for the invoice date used must be in an Open status.
The General Ledger accounting period for the date of the invoice must be in either an
Open or Future Entry status.
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The Supplier Site, Star Gate Ltd PAY must have the Invoice Tax field left blank You
may need to delete a value already in this field.
XX_CLASS BOOK. (If you dont know what date this is, ask your instructor or review the
XX_CLASS BOOK book controls). The distribution information for this invoice is as follows:
Num
Type
Amount
Account
Description
Item
16000.00 01-000-1570-0000-000
Sales Tax
Item
25000.00 01-000-1570-0000-000
Item
400000.00 01-000-1570-0000-000
Item
6000.00 01-000-1570-0000-000
3 Desktop PCs
Item
8000.00 01-000-1570-0000-000
Item
100000.00 01-000-1570-0000-000
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Enter the invoice and then approve and create accounting for it.
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Create Mass Addition lines for the invoice you just entered. Remember that all invoices lines to
be created as Mass Additions must first be transferred to the General Ledger. Run the Mass
Additions Create Report to review Mass Addition lines that were created.
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Log in to the Oracle applications and choose the Payables, Vision Operations (USA)
responsibility. (if already in the applications you can choose (M) File > Switch
Responsibility).
2.
3.
Field Name
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Values
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Supplier
Site
Invoice Date
Use the first day of the open period in the XX_CLASS BOOK
asset book (01-MMM-YYYY)
Invoice Number
Invoice Curr
USD
Invoice Amount
$ 555,000
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4.
Save the invoice by choosing the Save icon on the Toolbar or using the CTRL + S keys.
5.
6.
Enter the following invoice distribution data (Note: you can use folder technology to make
data entry easier):
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7.
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Num
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Using the default Standard invoice type, enter the following Invoice Header information:
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Type
Amount
Account
Description
Item
16000.00 01-000-1570-0000-000
Sales Tax
Item
25000.00 01-000-1570-0000-000
Item
400000.00 01-000-1570-0000-000
Item
6000.00 01-000-1570-0000-000
3 Desktop PCs
Item
8000.00 01-000-1570-0000-000
Item
100000.00 01-000-1570-0000-000
8.
Approve your invoice by selecting the (B) Actions..1 and then checking the Approve
checkbox. Then select the (B) OK.
9.
Create accounting for your invoice by selecting the (B) Actions1 and checking the Create
Accounting checkbox. Then select the (B) OK.
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12. Choose to run the Payables Transfer to General Ledger process from the List of Values with
the following parameters:
Parameter
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R
Value
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No (default)
Batch Name
To Date
Journal Category
All (default)
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Yes (default)
Validate Accounts
or
Transfer to GL Interface
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In Detail (LOV)
No (default)
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Note: Each Student can continue to run each Task from this point forward.
16. From the Requests form, choose to Submit a New request (or (N) Other > Requests > Run
from the Navigator in Payables).
17. Choose to run the Mass Additions Create process from the List of Values with the following
parameters:
Copyright Oracle Corporation, 2002. All rights reserved.
Parameter
Value
GL Date
Book
XX_CLASS BOOK
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23. When the request finishes, select (B) View Output and review the Mass Addition lines that
were created.
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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The segment separator for the accounting flexfield may not be a dash -. Substitute the
applicable segment separator if necessary.
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Using mass addition lines from the invoice created in Practice 5.1 (invoice INVXX), query the
mass addition lines associated with this invoice and merge the SALES TAX and BOXCAR
PREVENTIVE MAINTENANCE lines into the STEEL REINFORCED BOXCAR line. Then
prepare the STEEL REINFORCED BOXCAR line for posting by entering the following data
and assigning the correct queue name:
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Field Name
Value
Category
XX_RAILCAR-XX_BOXCAR
Employee Name
01-110-7330-0000-000
Location
USA-NY-NEW YORK-NONE
therefore, you must change the number of units to 3 for this line so you may split it into separate
assets. Also, it is advisable to prepare the original line with all necessary data prior to splitting it
as this information will carry over to each new split line and will not have to be reentered. The
PCs should have the following data assigned to them:
Field Name
Value
Category
COMPUTER-PC
Description
Desktop PC
Employee Name
01-110-7330-0000-000
Location
USA-CA-SAN FRANCISCO-2
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Add the line for the VEHICLE PERFORMANCE PACKAGE to the asset you added in Practice
4.2 (Tag number XX_LIMO in the XX_CLASS BOOK asset book. Use your unique number as
noted in the Practice assumptions or as assigned by your Instructor). You do want to amortize
any depreciation adjustments due to the change in asset cost.
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Change the Queue for the new DESKTOP PC lines and the VEHICLE PERFORMANCE
PACKAGE line by using the Post All feature. You must requery your mass addition lines for
your invoice so that only the ON HOLD queue lines are displayed before you can use the Post
All feature.
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2.
In the Find Mass Additions form, enter the invoice number you created in the previous
Practice (INVXX) in the Invoice Number field and select the (B) Find.
3.
Merge Line 1 SALES TAX and Line 2 BOXCAR PREVENTIVE MAINTENANCE into
Line 3 STEEL REINFORCED BOXCAR by clicking on Line 3 and selecting the (B)
Merge.
4.
In the Merge Mass Additions form that opens, click the Merge checkboxes on the left side
for Lines 1 and 2. Queue names should change to Merged. Note the new Total Merged
Cost field of $ 441,000.
5.
6.
In the Mass Additions Summary form, click on Line 3 STEEL REINFORCED BOXCAR
and select the (B) Open.
7.
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Field Name
Category
Employee Name
8.
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Value
XX_RAILCAR-XX_BOXCAR
Lamoreux, Mr. Maxwell D.
01-110-7330-0000-000
Location
USA-NY-NEW YORK-NONE
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Change the Queue Name field from NEW to POST and select the (B) Done.
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9.
In the Mass Additions Summary form, click on Line 4, 3 DESKTOP PCS and select the (B)
Open.
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17. Click on Line 5 for the invoice and select the (B) Add to Asset.
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18. In the Find Assets window, enter XX_LIMO in the Tag Number field and select the (B)
Find.
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19. Check the Amortize Adjustment checkbox for the XX_LIMO in the Add to Asset form and
then select the (B) Done.
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20. Select the Find icon on the Toolbar. Your Invoice Number should still be listed in the Find
Mass Additions form. Leave it there and choose the queue ON HOLD from the LOV in the
Queue field. Select the (B) Find.
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21. You should now see the Mass Additions Summary form with only 4 Lines for your invoice,
all with the queue ON HOLD. Choose the (M) Tools > Post All.
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22. Note that 3 lines change to POST queue and 1 line to COST ADJUSTMENT.
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Post Mass Additions
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Post the Mass Addition lines for the XX_CLASS BOOK asset book.
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2.
In the Submit Request Set form, use the LOV for the Parameters field to enter the
XX_CLASS BOOK asset book for the Post Mass Additions program line.
3.
Tab to the Parameters field for the Mass Additions Posting Report and when you invoke the
LOV, the XX_CLASS BOOK asset book will already be selected.
4.
5.
6.
Select the Mass Additions Posting Report request and then the (B) View Output.
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Note: The data you see in the Mass Additions Posting Report should reflect any Mass
Addition lines that were available for posting.
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Assumptions
You must have the Applications Desktop Integrator (ADI) installed and linked to the
database mentioned in the previous Assumption.
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Replace any year references of YYYY and YY with the calendar year of your choice or
as directed by the Instructor (e.g. 2002 or Jan-02). Keep in mind that some transactions
require calendar dates and calendar periods be defined and enabled before hand in order
to be processed.
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Create an asset worksheet in ADI for the XX_CLASS BOOK using the Default worksheet
layout. The header information in your worksheet should reflect the first day of the current open
period for the XX_CLASS BOOK in the format MM/01/YYYY.
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Add the following asset data to the asset worksheet you just created. You can enter data directly
into worksheet cells, use the List of Values option or a combination of both methods:
Column
Asset # 1
Asset # 2
Asset # 3
Asset Number
(Leave blank)
(Leave blank)
(Leave blank)
Country
USA
UK
USA
State
NY
N/A
CA
City
NEW YORK
LONDON
SAN FRANCISCO
Building
NONE
NONE
NONE
Major Category
BUILDING
VEHICLE
COMPUTER
Minor Category
OFFICE
OWNED HEAVY
PC
Units
Cost
500,000
45,000
3,000
Description
XX_ADI2 BLDG
XX_ADI2 CAR
XX_ADI2 PC
Expense
Account
Clearing
Account
Date Placed in
Service
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Upload the worksheet with the asset data entered into the XX_CLASS BOOK choosing to post
the asset data now.
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2.
3.
4.
5.
Select (B) OK
6.
In the Excel worksheet, change the Accounting Date cell to the first day of the current open
period in the XX_CLASS BOOK book (e.g. MM/01/YYYY).
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(Leave blank)
Country
USA
State
NY
City
NEW YORK
Building
NONE
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Asset # 3
(Leave blank)
(Leave blank)
UK
USA
N/A
CA
LONDON
SAN FRANCISCO
NONE
NONE
Major Category
BUILDING
VEHICLE
COMPUTER
Minor Category
OFFICE
OWNED HEAVY
PC
Units
500,000
45,000
3,000
Description
XX_ADI2 BLDG
XX_ADI2 CAR
XX_ADI2 PC
Expense
Account
Clearing
Account
Date Placed in
Service
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Asset # 2
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Asset # 1
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Cost
9.
Choose the options Flagged Rows and Create Assets Now (Post) check box.
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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The segment separator for the accounting flexfield may not be a dash -. Substitute the
applicable segment separator if necessary.
Change the default folder in the Assets window in the Assets Workbench to Original
and select (M) File > Save As and check the Open as Default checkbox.
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Tasks
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Its 5:00 pm and your boss has just rushed into your office asking you to please add the
following asset before you head home, have dinner and then return for your next 4 hours of
work. In typical fashion, the information needed to add the asset in written on a napkin. As best
you can make out, the data for the asset is:
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Field Name
Value
Description
Portable Building
Tag Number
XX_CIP10
Category
BUILDING-OFFICE
Building size
30000
Asset Type
CIP
Book
XX_CLASS BOOK
Expense Account
01-110-7320-0000-000
Location
USA-NY-NEW YORK-NONE
Value
Invoice Number
05011954
Line
Description
Subcontract Labor
Line Amount
44,000.00
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3.
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Value
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Description
Portable Building
Tag Number
XX_CIP10
Category
BUILDING-OFFICE
Building size
30000
Asset Type
CIP
Book
XX_CLASS BOOK
Expense Account
01-110-7320-0000-000
Location
USA-NY-NEW YORK-NONE
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Select (B) Done and note the asset number assigned ________________.
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From the Assets form, query the CIP asset you just added by selecting (I) Find on the
toolbar.
5.
In the Find Assets form, enter either the asset number you noted or the Tag Number
XX_CIP10, and then select (B) Find.
6.
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Once you have successfully found the CIP asset, select (B) Source Lines.
Enter the following invoice information:
Field Name
Value
Invoice Number
05011954
Line
Description
Subcontract Labor
Copyright Oracle Corporation, 2002. All rights reserved.
44,000.00
Line Amount
8.
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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The segment separator for the accounting flexfield may not be a dash -. Substitute the
applicable segment separator if necessary.
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Add a CIP Asset
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You are asked to add another CIP asset with the following information:
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Description
Co
Tag Number
Category
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Value
HQ Office Addition
XX_CIP20
BUILDING-OFFICE
Insurer
Fidelity
Building size
75000
Asset Type
CIP
Book
XX_CLASS BOOK
Employee Name
Expense Account
01-110-7320-0000-000
Location
USA-NY-NEW YORK-200
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2.
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Value
Description
HQ Office Addition
Tag Number
XX_CIP20
Category
BUILDING-OFFICE
Insurer
Fidelity
Building size
75000
Asset Type
CIP
Book
XX_CLASS BOOK
Employee Name
Expense Account
01-110-7320-0000-000
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USA-NY-NEW YORK-200
Location
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Select (B) Done and note the asset number assigned ________________.
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5.
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In the Find Mass Additions form, enter the invoice number you created in Practice 5.1
(INVXX) in the Invoice Number field and select the (B) Find.
6.
Click on Line 6 for the and select the (B) Add to Asset.
7.
In the Find Assets window, enter XX_CIP20 in the Tag Number field and select the (B)
Find.
8.
9.
With Line 6 selected in the Mass Additions Summary form, select (B) Open. Change the
Queue field to Post and then select (B) Done.
11. In the Submit Request Set form, use the LOV for the Parameters field to enter the
XX_CLASS BOOK asset book for the Post Mass Additions program line.
12. Tab to the Parameters field for the Mass Additions Posting Report and when you invoke the
LOV, the XX_CLASS BOOK asset book will already be selected.
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16. In the Assets form, query the asset with the unique Tag Number XX_CIP10 by selecting (I)
Find on the Toolbar and entering XX_CIP10 in the Tag Number field in the Find Assets
form. Then select (B) Find.
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18. Transfer 9,000 of cost from the Subcontract Labor line to the asset you added above by
entering 9,000 in the Transfer Amount field and hitting the tab key (you must do this to
enable the Transfer To button).
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20. In the Transfer To form, start query mode (F11) and enter XX_CIP20 in the Tag Number
field. Execute the query by using the CTRL + F11 keys.
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22. From the Assets form, select (I) Find and search for both CIP assets by entering XX_CIP%
in the Tag Number field of the Find Assets window. Select (B) Find.
23. With both CIP assets now displayed, select the XX_CIP10 asset and (B) Source Lines.
24. Note that the line for Subcontract Labor now has a cost of 35,000. Select (B) Cancel
25. Back in the Assets form, select the XX_CIP20 asset and then (B) Source Lines.
26. Note that there is now a line for Subcontract Labor for 9,000 and a line for the Concrete
Building Pilings. Select (B) Cancel.
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Tasks
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You have been informed that the CIP asset Portable Building with the Tag Number XX_CIP10 is
now ready to be placed in service. Capitalize it in the current open period.
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As is often the case, you received some misinformation about the Portable Building being ready
to be placed in service. It has now come to your attention that the asset should be placed back
into a CIP status.
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2.
In the Find Assets form, enter the Book XX_CLASS BOOK and the Tag Number
XX_CIP10 to find the first CIP asset you added in Practice 6.1. Select (B) Find.
3.
4.
5.
The record should save automatically and the Find Assets window will be displayed again.
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6.
Accept the default information in the Find Assets form except for changing the Asset Type
to Capitalized. Select (B) Find.
7.
8.
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Asset Adjustments
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Asset Adjustments
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Tasks
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Reclassify an Asset
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The Limousine that you added in Practice 4.1 (tag XX_LIMO) was incorrectly categorized as VEHICLEOWNED LUXURY. Reclassify this asset as VEHICLE-OWNED HEAVY so that the proper
depreciation will be taken.
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The CD Sound System (Tag XX_CD) was incorrectly added with 1 unit. Change the number of
units to 2.
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The boxcar that was added in Practice 4.2 (tag XX_BOXCAR) was added with an incorrect cost.
The cost should be 375,000. Make the cost adjustment.
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Transfer an Asset
Or
Last but not least, we are told that the .5 of a unit for the XX_LAPTOP that was assigned to Art
Vandelay really should be assigned to Mr. Chris Black. The Depreciation Expense Account and
Location are correct. Make the transfer adjustment.
2.
Find the Limousine asset by selecting (I) Find and entering the Tag Number XX_LIMO.
Select (B) Find.
3.
4.
In the Asset Details form, change the Category field to VEHICLE-OWNED HEAVY using
the List of Values. Click (B) OK in the Asset Category window.
5.
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6.
From the Asset Workbench, find the CD Sound System asset by selecting (I) Find and
entering the Tag Number XX_CD. Select (B) Find.
7.
8.
9.
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Perform a Cost rAdjustment
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10. Select (B) Done.
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11. From the Asset Workbench, find the Boxcar asset by selecting (I) Find and entering the Tag
Number XX_BOXCAR. Select (B) Find.
12. Open the Books form by selecting (B) Books.
13. In the Books field, enter XX_CLASS BOOK and then tab to the Current Cost field. The
current cost information should be displayed.
14. Change the Current Cost field to 375,000.
15. Select (B) Done.
Transfer an Asset
16. From the Asset Workbench, find the Laptop asset by selecting (I) Find and entering the Tag
Number XX_LAPTOP. Select (B) Find.
17. Select (B) Assignments.
18. Enter -.5 in the Unit Change field for the line displayed for Art Vandelay.
19. Use the down arrow key twice on your keyboard or click on the first blank line.
20. Enter .5 in the Unit Change field then tab. Enter Black, Mr. Chris in the Employee Name
field. Use SHIFT + F5 keys to copy the Depreciation Expense Account and Location data.
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Define and Review a Mass Change
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You need to change all existing assets in the XX_CLASS BOOK that are depreciating using the
STL 5 Years 0 Months method to the STL 3 Years 0 Months. You want to review the Mass
Change before executing it to ensure that only assets in the COMPUTER-PC category are
selected.
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After previewing the Mass Change transaction, run it to finalize the changes.
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2.
XX_CLASS BOOK
STL
STL
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4.
View the Mass Change Preview Report by going to the View Request form.
(M) View > Requests
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5.
Select the Mass Change Preview Report request and then (B) View Output
6.
Check to see that the assets selected for the Mass Change are all in the COMPUTER-PC
category.
7.
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Go into Query Mode (F11) and enter the Mass Transaction Number in the field with the
same name. Execute the query (CTRL + F11).
10. Note that both the Run and Preview buttons are now lit.
11. Click (B) Run to final process the Mass Change.
Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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You need to setup a physical inventory file named XX_Physical. You will not need to enter any
data into the file at this point but will do so later using the Application Desktop Integrator.
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2.
3.
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Or
Assumptions
You must have the Applications Desktop Integrator (ADI) installed and linked to the
database mentioned in the previous Assumption.
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Tasks
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Youve been given the keys to ADI and asked to create a new template for recording physical
inventory data in ADI. Name the template XX_Inventory Template. The template should have
the Units field in the Header region and in the Lines region have the fields: Tag Number,
Location. The template should be used with the XX_Physical you setup in Practice 7.3.
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Using the template you just created, XX_Inventory Template, record the following physical
inventory data:
Or
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Units: 1
Tag Number
Location
XX_LIMO
USA-CA-SAN FRANCISCO-NONE
XX_BOXCAR
USA-NY-NEW YORK-NONE
XX_LAPTOP
USA-CA-SAN FRANCISCO-1
Upload the Physical Inventory data you recorded choosing to Run and View the Physical
Inventory Comparison Report.
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Or
2.
3.
For the Select Layout field, click on the Pencil icon and select New from the Menu.
4.
5.
In the Edit Layout window, drag the field Units into the Header region.
6.
Drag the following fields into the Lines region: Tag Number, Location. Select (B) OK.
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7.
8.
Tag Number
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Location
XX_LIMO
USA-CA-SAN FRANCISCO-NONE
XX_BOXCAR
USA-NY-NEW YORK-NONE
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XX_LAPTOP
USA-CA-SAN FRANCISCO-1
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9.
Or
10. In the Upload Physical Inventory to Interface window, select the following options:
Rows to Upload = Flagged Rows
Duplicate Assets = Do Not Upload
Compare Physical Inventory = check Run Comparison and View Results boxes.
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Depreciation
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Depreciation
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e
Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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-s
Tasks
Create a New Depreciation Method
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Your Company wants to use a custom, three-year accelerated depreciation method for some of
its assets. The name of the method should be XXDEP with the description 3-YEAR
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ACCELERATED VACRS. This depreciation method is a straight-line method with 3 Life Years and 12
Prorate Periods Per Year. The custom rates for this method are:
Year 1:
Year 2:
Year 3:
Year 4:
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Or
2.
Method
XXDEP
Description
Check box
Life Years
12
3.
4.
5.
Per
1
Per
2
Per
3
Per
4
.4
.4
.4
.3
.3
.3
.3
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.4
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Per
6
Per
7
Per
8
Per
9
Per
10
Per
11
Per
12
.3
.3
.3
.3
.2
.2
.2
.2
.3
.3
.3
.3
.3
.3
.3
.3
.3
.3
.3
.3
.3
.3
.3
.3
.3
.3
.3
.1
.1
.1
.1
.2
.2
.2
.2
.3
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Per
5
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Year
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Or
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Value
Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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-s
Replace any year references of YYYY and YY with the calendar year of your choice or
as directed by the Instructor (e.g. 2002 or Jan-02). Keep in mind that some transactions
require calendar dates and calendar periods be defined and enabled before hand in order
to be processed.
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Tasks
Create a New Prorate Convention
e
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You need to create a new prorate convention named XX_CON where assets added on any date in
a month have a prorate date of the first day of the month. Your prorate convention should use
the fiscal year named ACCOUNTING and be setup through December YYYY. You also need to
depreciate when placed in service.
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Or
2.
XX_CON
Description
ACCOUNTING (LOV)
From Date
To Date
01-JAN-1993
(automatically fills in as
its the first day of the
defined Fiscal Year)
31-JAN-1993
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Prorate Date
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01-JAN-1993
3.
4.
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Value
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Or
Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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The segment separator for the accounting flexfield may not be a dash -. Substitute the
applicable segment separator if necessary.
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Tasks
Run Depreciation
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Run depreciation for your asset book XX_CLASS BOOK. Choose not to close the period.
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Rollback Depreciation
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Add a new asset that you forgot to add before running depreciation for the XX_CLASS BOOK.
The following information pertains to the new asset:
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Or
Field Name
Value
Description
Special Laptop
Tag Number
XX_SPECIAL
Category
COMPUTER-PC
Asset Type
Capitalized
Property Type
Personal
Copyright Oracle Corporation, 2002. All rights reserved.
Property Class
1245
Book
XX_CLASS BOOK
Cost
5,000
Method
XXDEP
Life
3 years 0 Months
Prorate Convention
XX_CON
01-110-7360-0000-000
Location
USA-CA-SAN FRANCISCO-NONE
Rerun Depreciation
Run depreciation again for the XX_CLASS BOOK and choose to close the period.
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Or
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2.
In the Run Depreciation form, choose the XX_CLASS BOOK from the List of Values. The
period will automatically default in.
3.
4.
5.
Navigate to the View Requests form and when there note the 4 processes that are in
progress.
6.
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Rollback Depreciation
7.
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8.
Enter XX_CLASS BOOK in the parameters window and the period should automatically
default in. Select (B) OK then (B) Submit.
9.
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Field Name
Value
Description
Special Laptop
Tag Number
XX_SPECIAL
Category
COMPUTER-PC
Asset Type
Capitalized
Property Type
Personal
Property Class
1245
Copyright Oracle Corporation, 2002. All rights reserved.
Book
XX_CLASS BOOK
Cost
5,000
Method
XXDEP
Life
3 years 0 Months
Prorate Convention
XX_CON
01-110-7360-0000-000
Location
USA-CA-SAN FRANCISCO-NONE
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Rerun Depreciation
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13. In the Run Depreciation form, choose the XX_CLASS BOOK from the List of Values. The
period will automatically default in.
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Or
Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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h
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P
e
l
a
-s
Replace any year references of YYYY and YY with the calendar year of your choice or
as directed by the Instructor (e.g. 2002 or Jan-02). Keep in mind that some transactions
require calendar dates and calendar periods be defined and enabled before hand in order
to be processed.
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Ensure that the calendar Quarterly is defined through the end of the fiscal year you are
using for your projection (i.e. YY)
Tasks
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You have been asked to project depreciation for the XX_CLASS BOOK asset book on a
quarterly basis for 1 year starting with Qtr-1-YY. The projection should present results by cost
center detail.
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Or
2.
Quarterly
Number of Periods
Starting Period
Qtr-1-YY
Books
XX_CLASS BOOK
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3.
4.
5.
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Select the FA Projections Report line and click (B) View Output
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Value
Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
i
h
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r
P
e
l
a
-s
Replace any year references of YYYY and YY with the calendar year of your choice or
as directed by the Instructor (e.g. 2002 or Jan-02). Keep in mind that some transactions
require calendar dates and calendar periods be defined and enabled before hand in order
to be processed.
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Tasks
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You have been asked what the depreciation effect would be if the depreciation method for all
assets in the COMPUTER-PC category in the XX_CLASS BOOK asset book was changed to
150DB with a 3 year life. The request asked for depreciation for 6 periods starting with period
Jul-YY.
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Or
2.
Start Period
Number of Periods
Category
COMPUTER-PC
Method
150DB
Life Years
4.
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Select the What-If Depreciation Report line and click (B) View Output.
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Book
3.
5.
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Value
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Or
Asset Retirements
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Asset Retirements
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a
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Tasks
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One of the units of the asset with the Tag Number XX_CD has been stolen. You need to retire
the unit that was taken.
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Run the appropriate program that will calculate gains and losses for the asset you retired.
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The unit of the XX_CD has been recovered and the retirement needs to be cancelled.
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Or
2.
3.
With the XX_CD asset in the Asset Workbench window, select (B) Retirements.
4.
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Value
Book
XX_CLASS BOOK
Retire Date
Units Retired
Retirement Type
THEFT
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5.
6.
In the Assignments form, enter 1 in the Units Change field then tab.
7.
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Process Asset Retirements
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8.
9.
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10. In the Parameters window, enter XX_CLASS BOOK and accept the default period.
11. Select (B) OK then (B) Submit.
12. Ensure the process completes without error.
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17. Confirm the reinstatement by clicking (B) OK, then select (B) Cancel to exit from the
Retirements form.
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Asset Accounting
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Asset Accounting
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Or
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Tasks
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Create journal entries for the XX_CLASS BOOK for the period you ran depreciation for in
Practice 8.3.
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Review the journal entries you created for the XX_CLASS BOOK. Do not post the journal
entries at this time.
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Or
2.
Choose the XX_CLASS BOOK asset book and the period that you ran depreciation for in
Practice 8.3. Click (B) OK.
3.
4.
Ensure that the Create Journal process has completed and then change responsibilities to
General Ledger to review the journals created.
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6.
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Field Name
or
Batch
Period
le
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Or
8.
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Source
Co
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Value
%XX%
Assets
Period you created journal entries for
Note the unposted journal entries created for the period. Switch back to the Assets
responsibility.
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Or
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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h
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P
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a
-s
The segment separator for the accounting flexfield may not be a dash -. Substitute the
applicable segment separator if necessary.
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Tasks
Perform a Financial Information Inquiry
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You have been asked to provide the following information for the asset with the Tag Number
XX_BOXCAR in the XX_CLASS BOOK:
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How much depreciation expense was recorded for the asset in the first period of its
life?
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Or
You have been asked to find out information for an asset transaction and have only been given
the Reference Number. Youve been informed the asset is in the OPS CORP book and the
Reference Number is 108.
2.
3.
Enter XX_BOXCAR in the Tag Number field and select (B) Find.
4.
Select (B) Assignments and click in the Location field. Select (I) Edit Field. Note the
Location which is USA-NY-NEW YORK-NONE. Close the Assignments form.
5.
6.
7.
Select (M) Tools > View Accounting and note the accounts used to record the original
addition (ADDITION):
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DR 01-000-1530-0000-000
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375,000.00
CR 01-000-1570-0000-000
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375,000.00
8.
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Close windows until you return to the View Financial Information form. Select (B)
Depreciation.
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9.
In the Depreciation History form, note that the depreciation expense for the period Dec-YY
was 1,250.00.
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11. In the Find Transactions form, enter the Book OPS CORP and the Reference Number 108.
Select (B) Find.
12. Note that the asset number is 100071 and the description is LAND.
13. To find the Location, select (I) Find.
Copyright Oracle Corporation, 2002. All rights reserved.
14. In the Find Transactions form, clear the Reference Number field and enter 100071 in the
Asset Numbers range field. Select (B) Find.
15. In the Transaction History window, click on the TRANSFER IN line and select (B) Details.
16. Click on the Location field in the Transaction Details form. Select (I) Edit Field and note
the Location is USA-CA-SAN FRANCISCO-NONE. Close all windows and return to the
Navigator.
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Or
Assumptions
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Tasks
Copy and Create a New Attribute Set
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You have been asked to make a copy of the existing Default attribute set for the RXi-only:
Additions by Period Report and add the columns Description, Expense Account, and Location to
it. The Description column should be first column displayed under the Cost Center Level.
Change the Report Title to Additions by Period with Description. The report also needs to be
ordered by descending Asset Number. Name your new attribute set XX_Additions Set.
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2.
Choose the Report Name RX-only: Additions by Period Report from the List of Values.
3.
4.
In the Copy To Attribute Set and Short Name fields, enter XX_Additions Set. Select (B)
OK.
5.
Move from the Display Columns Available tab the Description, Expense Account, and
Location to the Displayed region by highlighting the names and clicking on the right
pointing blue arrow.
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6.
Move the Description column up to where it is right below the Cost Center column by
highlighting it and clicking on the up pointing blue arrow.
7.
8.
For the ASSET_NUMBER column, choose to have the attribute set reflect a descending
ordering by clicking the Ordering field and selecting Descending from the available list.
9.
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10. Click (T) Page Setup and change the Report Title field to Additions by Period with
Description.
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Or
Assumptions
You must have access to the Oracle Applications Desktop Integrator that is linked to an
instance of the Vision demonstration database.
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Replace the year references of YYYY and YY with the calendar year of your choice or
as directed by the Instructor (e.g. 2002 or Jan-02). Keep in mind though, that some
transactions require calendar dates and calendar periods be defined and enabled in order
to be processed.
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Tasks
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Using the Applications Desktop Integrator, create a new Attribute Set for the Asset Listing by
Period standard variable format report. The column heading for the Attribute Set should be in
the following order: Asset Number, Description, Cost, NBV at Period End. Name the Attribute
Set XX_Set.
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2.
Display the Request Center window by clicking on the tile in the taskbar.
3.
4.
In the Report Submission and Publishing window, select the Standard (Variable Format)
Report Type.
5.
Enter Asset Listing by Period in the Report field. Select (B) Publishing.
6.
7.
8.
Drag the following Available Attributes and drop then in the Selected Attributes region:
Asset Number, Description, Cost, NBV at Period End. Select (B) Save.
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-s
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From the Report Submission and Publishing window, select (B) Submission.
Field Name
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to the right of the Apply Attribute Set field and then click (B)
p
o
Submit the Report Using the NewC
Attribute Set
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9.
Book
XX_CLASS BOOK
Period
Dec-YY
Major Category
BUILDING
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12. Select (B) Yes when asked if you want to publish output.
13. Click (B) OK to clear Request Center Messages window.
14. Expand Column B to see entire column contents.
Copyright Oracle Corporation, 2002. All rights reserved.
Value
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Tax Accounting
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Tax Accounting
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA).
Replace XX in the Practice with a unique identifier such as your initials or a number.
(For Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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-s
Replace the year references of YYYY and YY with the calendar year of your choice or
as directed by the Instructor (e.g. 2002 or Jan-02). Keep in mind though, that some
transactions require calendar dates and calendar periods be defined and enabled in order
to be processed.
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The segment separator for the accounting flexfield may not be a dash -. Substitute the
applicable segment separator if necessary.
Tasks
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p
Go to the Book Controls form and enter the following Asset Book header and Calendar region
data:
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Field Name
Value
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Name
XX_CLASS TAX
Class
Tax
Description
XX_CLASS TAX
XX_CLASS BOOK
GL Set of Books
Vision Operations
Allow GL Posting
No (unchecked)
Depreciation Calendar
Monthly
Field Name
Value
Prorate Calendar
Monthly
Current Period
Divide Depreciation
(accept default)
(accept default)
(accept default)
Value
Yes (check)
Yes (check)
Allow Revaluation
(accept default)
Tax Rules
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Gain
Loss
7850
7851
1247
7852
7853
2240
7854
7855
7854
7855
Proceeds of Sale
Cost of Removal
or
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Clearing
Intercompany Receivables
1810
Intercompany Payables
2370
2540
7860
Depreciation Adjustment
1690
01-000-9999-0000-000
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Value
Field Name
Value
Additions
Addition
CIP Additions
CIP Addition
Adjustments
Adjustment
CIP Adjustments
CIP Adjustment
Retirements
Retirement
CIP Retirements
CIP Retirement
Reclass
Reclass
CIP Reclass
CIP Reclassification
Transfers
Transfer
CIP Transfers
CIP Transfer
Revaluation
Revaluation
Depreciation
Depreciation
Deferred Depreciation
Deferred Depreciation
Depreciation
Adjustment
Depreciation Adjustment
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2.
Enter the Book Controls Header and Calendar Region data per Task instruction.
Tab through all the fields of the Calendar region or click on the Accounting Rules tab.
4.
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Tab through all the fields of the Accounting Rules region or click on the Natural Accounts
tab.
6.
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7.
Tab through all the fields of the Natural Accounts region or click on the Journal Categories
tab.
8.
9.
Save your work by clicking on the Save icon on the toolbar or using the CTRL + S keyboard
combination.
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5.
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Or
Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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R
The segment separator for the accounting flexfield may not be a dash -. Substitute the
applicable segment separator if necessary.
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Tasks
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In order to later perform a mass copy from the XX_CLASS BOOK asset book to the
XX_CLASS TAX book, you need to add the following existing asset categories to the
XX_CLASS TAX book. The asset categories and their applicable data are as follows:
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or
Field Name
C
e
Asset Category
1
Asset Category
2
Asset Category
3
Asset Category
4
Category Name
COMPUTERPC
VEHICLEOWNED
HEAVY
XX_RAILCARS- BUILDINGXX_BOXCAR
OFFICE
Asset Cost
01-000-15600000-000
01-000-15500000-000
01-000-15300000-000
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01-000-15200000-000
Asset Clearing
01-000-15700000-000
01-000-15700000-000
01-000-15700000-000
01-000-15700000-000
Depreciation
Expense Segment
7360
7350
7330
7320
Accumulated
Depreciation
01-000-16600000-000
01-000-16500000-000
01-000-16300000-000
01-000-16200000-000
Bonus Expense
7360
7350
7330
7320
Bonus Reserve
01-000-16600000-000
01-000-16500000-000
01-000-16300000-000
01-000-16200000-000
Method
MACRS HY
MACRS HY
MACRS HY
MACRS STL
HY
Life Years
10
20
40
Life Months
Prorate
Convention
HALF-YEAR
HALF-YEAR
HALF-YEAR
HALF-YEAR
Retirement
Convention
HALF-YEAR
HALF-YEAR
HALF-YEAR
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HALF-YEAR
2.
In the Asset Categories form, start query mode (F11) and enter COMPUTER-PC in the
Category field. Execute the query (CTRL+F11).
3.
Place the cursor in the Book field and select (B) New from the Toolbar.
4.
From the List of Values for the Book field, choose XX_CLASS TAX book.
5.
6.
7.
8.
Save your work and close out of the Default Depreciation Rules form.
9.
Back in the Asset Categories form, click in the Category field, enter query mode (F11) , and
retrieve the VEHICLE-OWNED HEAVY category.
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10. After the record is retrieved, click in the Book field and select (B) New.
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11. From the List of Values, choose XX_CLASS TAX book for the Book field.
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13. When finished, save your work and close out of the Default Depreciation Rules form.
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14. Back in the Asset Categories form, click in the Category field, enter query mode (F11) , and
retrieve the XX_RAILCARS-XX_BOXCAR category.
Or
15. After the record is retrieved, click in the Book field and select (B) New.
16. From the List of Values, choose XX_CLASS TAX book for the Book field.
17. Enter the GL Account and Default Rules information as requested.
18. When finished, save your work and close out of the Default Depreciation Rules form.
19. Back in the Asset Categories form, click in the Category field, enter query mode (F11) , and
retrieve the BUILDING-OFFICE category.
Copyright Oracle Corporation, 2002. All rights reserved.
20. After the record is retrieved, click in the Book field and select (B) New.
21. From the List of Values, choose XX_CLASS TAX book for the Book field.
22. Enter the GL Account and Default Rules information as requested.
23. When finished, save your work and close out of the Default Depreciation Rules form.
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Or
Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Tasks
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You need to copy assets from the XX_CLASS BOOK to the XX_CLASS TAX Book for the
categories you assigned to this tax book in a previous Practice.
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2.
Enter XX_CLASS TAX Book as the parameter for the request. Click (B) OK.
3.
4.
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5.
For the Initial Mass Copy request line, select (B) View Output.
6.
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a
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e
Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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R
The segment separator for the accounting flexfield may not be a dash -. Substitute the
applicable segment separator if necessary.
Tasks
Add an Asset Using QuickAdditions
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You need to add a new asset using QuickAdditions to the XX_CLASS BOOK with the following
data:
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Field Name
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Description
Truck
Tag Number
XX_TRUCK
Category
VEHICLE-OWNED HEAVY
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Or
Value
Book
XX_CLASS BOOK
Cost
75,000
Expense Account
01-120-7350-0000-000
Location
USA-NY-NEW YORK-NONE
2.
3.
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Value
Description
Truck
Tag Number
XX_TRUCK
Category
VEHICLE-OWNED HEAVY
Book
XX_CLASS BOOK
Cost
75,000
Expense Account
01-120-7350-0000-000
Location
USA-NY-NEW YORK-NONE
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5.
In the Find Assets form, enter either the asset number or tag number (XX_TRUCK) and
then select (B) Find.
6.
Back in the Assets form with the Truck now displayed, select (B) Books.
7.
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4.
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Choose XX_CLASS TAX from the list of values for the Book field. The asset information
should now be displayed.
8.
9.
Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Tasks
Run Depreciation
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Run depreciation for your asset book XX_CLASS TAX. Choose to close the period.
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2.
In the Run Depreciation form, choose the XX_CLASS TAX from the List of Values. The
period will automatically default in.
3.
4.
5.
Navigate to the View Requests form and when there note the 5 processes that are in
progress.
6.
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Assumptions
Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA)
Replace XX in the Practice with a unique identifier such as your initials or a number
(for Instructor Led Training classes, this number will be assigned to you). This is
necessary in order to create unique records within the database when performing the
Practice.
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Tasks
Adjust the Tax Depreciation Reserve for an Asset
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R
Due to an audit performed, you need to adjust the tax depreciation taken for the asset with the tag
number XX_BOXCAR. The new depreciation for the fiscal year should be 20,000.
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Or
2.
In the Assets form, find asset with the Tag number XX_BOXCAR.
3.
4.
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5.
Value
Book
XX_CLASS TAX
Comments
Audit Results
Fiscal Year
20,000
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