Module 1: Asset Inquiries

Lab - 18 Asset Inquiries

Objective: Asset Inquiries
10-15 minutes

Instructions:
In this lab you will perform inquiries to obtain asset information. The tasks you will do in this lab
are:

• You will perform inquiries to obtain asset information

• Use the Oracle Assets seeded Responsibility > Assets, Vision Operations (USA).

1. Navigate to the Financial Information inquiry form:

• (N) Inquiry > Financial Information

2. In the Find Assets window, enter 100081 in the Asset Number field and OPS CORP in the
Book field and select (B) Find.

3. Select (B) Assignments and click in the Location field. Select (I) Edit Field. Note the Location,
which is USA-CA-SAN FRANCISCO-NONE. Close the Assignments form.

4. Select the (B) Books from the Assets form.

5. In the View Financial Information form, select (B) Transactions.

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 Module 1: Asset Inquiries

6. Select (M) Tools > View Accounting and note the accounts used to record the original addition:
• DR 01-740-1530-0000-000 30,000.00
• CR 01-000-1570-0000-000 30,000.00

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7. Close windows until you return to the View Financial Information form. Select (B)
Depreciation.

8. In the Depreciation tabbed region, scroll down until you see the period JUL-96. Note that the
depreciation expense for this period was 250.00.

9. Close all windows and return to the navigator.

Investigate an Asset Transaction

Responsibility = Assets, Vision Operations (USA)

10. Navigate to the Transaction History inquiry form:

• (N) Inquiry > Transaction History

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.

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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Perform Inquiries in Oracle Subledger Accounting

(N) Inquiry > Subledger Accounting > Accounting Events

17. On the Accounting Events page, enter:

Field Name Value

From Transaction Date 01-Jan-2008
To Transaction Date 31-May-2008
Ledger Vision Operations (USA)

18. Click (B) Go.

19. Click Show on the first transaction in the list of accounting events.

20. (B) View Transaction. The Transaction History window in Oracle Assets opens, displaying
information about the accounting event.

21. Close the Transaction History window.

22. Go back to the Accounting Events window (you may need to click (I) Back) and click (B)
View Journal Entries to view journal entries for this accounting event.

23. Click (B) View T-Account.

24. In Oracle Assets on the Options window, click (B) T Accounts.

25. Close all pages and forms.

(N) Inquiry > Subledger Accounting > Journal Entries

26. On the Subledger Journal Entries page, enter:

Field Name Value

Ledger (is) Vision Operations (USA)
From GL Date (after) 31-Dec-2006

27. (B) Go.

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 Module 1: Asset Inquiries

28. Click the Select check box next to the first two journal entries.

29. (B) Compare.

30. Close the Subledger Journal Entries page.

(N) Inquiry > Subledger Accounting > Journal Entry Lines

31. On the Journal Entry Lines page, enter:

Field Name Value

Ledger (is) Vision Operations (USA)
Balancing Segment (is) 01

32. Click (B) Go.

33. Select one of the transactions.

34. (B) View Transaction.

35. (B) View Journal Entry.

36. Close the Subledger Journal Entry Lines window.

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