Oracle Financials Cloud: Assets

Fundamentals

Student Guide - Volume I

D89662GC30
Edition 3.0 | July 2016 | D97012

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Contents

1 Overview of Assets Fundamentals

Course Objectives 1-2
Course Approach 1-3
Oracle Cloud Implementation Resources 1-4
New Reference Guides 1-5
Friendly Search 1-7
Course Schedule 1-8
Lesson Objectives 1-10
Asset Life Cycle 1-11
Understanding Assets 1-12
Assets Tasks 1-13
Assets Reports 1-14
Asset Inquiry 1-15
Accessing the Asset Inquiry Page 1-16
Asset Inquiry Navigation 1-17
Summary 1-18

2 Introducing Oracle Fusion Navigation

Objectives 2-2
Getting Started in Oracle Fusion Applications 2-3
Simplified Navigation 2-4
New Welcome Springboard 2-5
Favorite and Recent Items 2-6
User Interface 2-7
Dashboards 2-8
General Accounting Dashboard 2-9
Work Areas 2-10
Panel 2-11
Search Panel Overview 2-12
Reports and Analytics Panel 2-13
Practice 2-1 Overview: Getting Started in Oracle Fusion Applications 2-14
Infolets Versus Infotiles 2-15
Infolets Overview 2-16
Infolet Repository 2-17
Subledger Infotiles Overview 2-18

iii
 Accessing the Assets Landing Page 2-19
Assets Landing Page 2-20
Practice 2-2 Overview: Exploring Infolets and Infotiles 2-21
Practice 2-3 Overview: Viewing an Asset Configuration 2-22
Summary 2-23

3 Introducing Functional Setup Manager

Objectives 3-2
Overview of Functional Setup Manager 3-3
Job Roles 3-4
Implementation Objects Overview 3-5
Setup Objects 3-6
Business Objects 3-7
Offerings 3-8
Offerings, Functional Areas, and Features 3-9
Offerings, Functional Areas, and Features: Example 3-10
Offerings 3-11
About Financials: Overview 3-12
Practice Overview: Browsing Offerings 3-14
Configuring Offerings 3-15
Demonstration Overview: Configuring Offerings 3-16
Implementation Task Flow 3-17
Implementation Project: Overview 3-18
Assign Tasks 3-19
Rapid Implementation Task List 3-20
Financials Task Lists 3-21
Practice Overview: Creating an Implementation Project 3-22
Implementation Project for Ongoing Maintenance 3-23
Setup Data Export and Import: Overview 3-24
Offering Based Export 3-25
Offering Based Import 3-26
Offering Based Export and Import Process 3-27
Additional Information on Oracle Help Center 3-28
Summary 3-29

4 Overview of Security
Objectives 4-2
Oracle Financial Cloud Security Methodology 4-3
Security Reference Implementation 4-4
Points to Consider When Implementing the First Project 4-5
Function and Data Security 4-7

iv
 Types of Roles 4-8
Role Inheritance 4-9
Oracle Fusion Inheritance Model 4-10
Security Example with Data Role Added 4-11
New Data Security for R11 4-12
Assigning Data Scopes to Users for New Customers Only 4-13
Oracle Identity Manager 4-14
Creating Users 4-15
Role Provisioning Tasks 4-16
Using Role Mappings 4-17
Practice 4-1 Overview: Using User Security 4-18
Customizing Roles 4-19
The Security Console 4-20
The Security Console: Copy Feature 4-21
The Security Console: Compare Roles Feature 4-22
Additional Features 4-23
Practice 4-2 Overview: Using the Security Console 4-24
Auditing Security 4-25
Security Resources 4-27
Summary 4-28

5 Configuring Assets
Objectives 5-2
Implementing Assets 5-3
Planning Your Implementation 5-4
Inquiring About Your Company’s History 5-5
Obtaining Existing Asset Information 5-6
Determining the Conversion Period 5-7
Define Fixed Assets Configuration 5-8
Define Fixed Assets Configuration for Rapid Implementation 5-9
Prerequisite Setup 5-10
Creating a New Assets Implementation Spreadsheet 5-11
Updating an Existing Assets Implementation 5-12
Demonstration Overview: Updating an Existing Assets Configuration 5-13
Managing Assets Key Flexfields and Value Sets 5-14
Location Key Flexfield Implementation: Considerations 5-15
Category Key Flexfield Implementation: Considerations 5-17
Defining Your Flexfield Segments 5-18
Managing Asset Locations 5-19
Defining Asset Locations 5-20
Asset Key Flexfield Implementation: Considerations 5-21

v
 Defining Your Flexfield Segments 5-22
Practice 5-2 to 5-4 Overview: Reviewing and Defining Asset Key Flexfields 5-23
Managing System Controls 5-24
Defining Your System Controls 5-25
System Controls Implementation: Considerations 5-27
Practice 5-5 Overview: Review Asset System Control Options Demonstration 5-28
Managing Fiscal Years and Calendars 5-29
Defining Fiscal Years 5-31
Fiscal Year Implementation: Considerations 5-33
Defining Asset Calendars 5-34
Calendar Implementation: Considerations 5-37
Prorate Conventions: Concepts 5-39
Prorate Conventions: Examples 5-42
Retirement Conventions 5-43
Prorate Convention Implementation: Considerations 5-44
Optional Implementation Steps 5-48
Practice 5-6 Overview: Managing Fiscal Years 5-49
Practice 5-7 Overview: Managing Asset Calendars 5-50
Practice 5-8 Overview: Managing Prorate Conventions 5-51
Summary 5-52

6 Managing Asset Books and Categories

Objectives 6-2
Managing Asset Books 6-3
Corporate Books 6-4
Asset Book Setup 6-5
Asset Book Accounts 6-7
Asset Book Rules 6-8
Practice 6-1 Overview: Managing Asset Books 6-10
Tax Books 6-11
Asset Books and Ledgers, Subledgers, and Business Units 6-12
Asset Book Implementation: Considerations 6-15
Defining Your Asset Book: Multiple Depreciation Requirements 6-17
Defining Your Asset Book: Multiple Currency Representations 6-18
Defining Your Asset Book: Multiple Accounting Representations 6-20
Implementation Questions 6-21
Reference Data Sharing Across Asset Books 6-23
Reference Data Sharing: Overview 6-24
Determinant and Determinant Types 6-25
Reference Data Sharing Across Asset Books 6-26
Assignments to One Set Only, with Common Values 6-27

vi
 Assignments to One Set Only, with No Common Values 6-28
Reference Data Sharing: US Company Example 6-29
Reference Data Sharing: Multinational Company Example 6-30
Managing Asset Categories 6-31
Defining Asset Categories 6-33
Defining Default Depreciation Rules 6-35
Defining Oracle Fusion General Ledger Accounts 6-36
Category Implementation: Considerations 6-37
Practice 6-2 Overview: Managing Asset Categories 6-38
Managing Cash-Generating Units 6-39
Cash-generating Units Example 6-40
Managing Distribution Sets 6-41
Defining Distribution Sets 6-42
Managing Profile Options 6-43
Profile Options Settings 6-44
Managing Lookups 6-47
Managing Descriptive Flexfields 6-50
Managing Asset Keys 6-54
Practice 6-3 Overview: Provisioning Data Roles to the User Account 6-56
Summary 6-57

7 Adding Assets
Objectives 7-2
Additions Overview 7-3
Additions Infotile 7-4
Detail Table for Additions Infotile 7-6
Asset Addition Options 7-7
Detailed Business Processes Integration 7-8
Assets 7-9
Fixed and Manual Assets 7-10
Creating Assets from Payables 7-11
Add Asset Page 7-13
Accessing the Assets Landing Page 7-14
Assets Landing Page 7-15
Detail Table for Additions Infotile 7-16
Adding Assets Manually 7-17
Asset Additions Required Data 7-18
Asset Cost Terminology 7-19
Accumulated Depreciation Considerations 7-20
Depreciate Checkbox Actions 7-22
Manual Asset Additions Journal Entries 7-23

vii
Using a Spreadsheet with Transactions 7-24
Practice 7-1 Overview: Adding an Asset Directly into Your Asset Book 7-25
Practice 7-2 Overview: Adding an Asset through a Spreadsheet into Your
Asset Book 7-26
Additions Watchlist 7-27
Group Depreciation 7-29
Group and Member Asset Rules 7-31
Assigning Member Assets to Group Assets 7-33
Group Asset Reserve Transfer 7-34
Mass Asset Additions Process 7-35
Using the Mass Additions Interface Table 7-37
The Mass Additions Process 7-39
Step 1 Create Mass Additions 7-40
Requirements to Create Mass Addition Lines 7-42
Step 2 Prepare Mass Additions 7-43
Required Fields and Mass Additions 7-44
Mass Addition Queues 7-45
Prepare Source Lines 7-46
Prepare Source Lines Entered Through Spreadsheet Integration 7-48
Practice 7-3 Overview: Process Payable Invoice Lines for Mass Asset
Additions 7-49
Merge Invoice Lines 7-50
Practice 7-4 Overview: Merge Invoice Lines for Mass Additions 7-51
Prepare Source Lines Split Source Lines 7-52
Merging Then Splitting Functionality 7-53
Practice 7-5 Overview: Split Invoice Lines for Mass Additions 7-54
Adding a Mass Addition Line to an Existing Asset 7-55
Practice 7-6 Overview: Add an Invoice Line to an Existing Asset 7-56
Step 3 Post Mass Additions 7-57
Effect of Post Mass Additions on Queue Names 7-58
Step 4 Delete Mass Additions 7-59
Best Practices 7-60
Assets Best Practices 7-61
Implementation Considerations 7-62
Adding and Capitalizing a CIP Asset 7-63
Practice 7-7 Overview: Adding a CIP Asset as a Shell and Add Cost to CIP
Asset 7-64
Acquire and Build CIP Assets 7-65
Automatically Adding CIP Assets to Tax Books 7-66
Recording a CIP Asset Addition 7-68
Capitalizing a CIP Asset 7-69

viii
 Practice 7-8 Overview: Capitalizing a CIP Asset 7-70
Reversing a Capitalized Asset 7-71
CIP Assets and Projects 7-72
Tracking Capital Projects in Projects 7-73
Capital Projects Flow Integration 7-74
Creating Mass Additions from Projects 7-75
Integrating Projects with Assets 7-77
Summary 7-79

8 Adjusting Assets
Objectives 8-2
Manage Financial Transaction 8-3
Adjustments Infotile 8-4
Mass Transaction for Single or Mass Adjustments 8-5
Practice 8-1 Overview: Performing in a Category Change on an Assets 8-6
Adjusting Financial Information 8-7
Practice 8-2 Overview: Adjust Asset Units 8-9
Choosing to Expense or Amortize Depreciation Adjustments 8-10
Amortizing Adjustments Using a Retroactive Start Date 8-12
Single Asset Transfers 8-13
Practice 8-3 Overview: Adjusting Asset Cost 8-15
Transfers Infotile 8-16
Manage Mass 8-17
Mass Category Change 8-19
Practice 8-4 Overview: Transferring an Asset 8-20
Inheriting Depreciation Rules 8-21
Copying Category Descriptive Flexfield Information 8-23
Using Mass Changes 8-24
Mass Asset Transfers 8-25
Mass Transaction for Single or Mass Adjustments 8-27
Manage Financial Transaction 8-28
Practice 8-5 Overview: Performing a Mass Category Change 8-29
Single Asset Change Category 8-30
Recording a Category Change 8-31
Adjusting Units 8-32
Summary 8-33

9 Depreciating Assets
Objectives 9-2
Depreciation Infotile 9-3
Managing Depreciation Rules 9-4

ix
 Elements of Depreciation 9-5
Basic Depreciation Calculation 9-7
Defining Depreciation Methods 9-9
Using the Life-Based Method 9-12
Life-Based Method Terms 9-13
Using the Flat-Rate Method 9-14
Using the Units-of-Production Method 9-16
Defining Bonus Rules 9-17
Defining Depreciation Ceilings 9-20
Run Depreciation Process 9-22
Practice 9-1 Overview: Running Depreciation 9-23
Depreciation Forecasts What If Analysis 9-24
Summary 9-26

10 Retiring Assets
Objectives 10-2
Retirements Infotile 10-3
Tracking Asset Retirements 10-5
Overview of Retiring an Asset 10-6
Fully Retiring Assets 10-7
Practice 10-1 Overview: Partial Retirements 10-8
Partially Retiring Assets 10-9
Mass Asset Retirements 10-11
Search for Single or Mass Retire Assets 10-12
Settings that Affect Mass Retirement 10-13
Post Online Assets Transaction Job 10-14
Recording Retirements 10-16
Recording a Retirement on Multiple Accounts 10-17
Retirement Journal Entries Example 10-18
Reinstating Retired Assets 10-19
Practice 10-2 Overview: Reinstating a Partially Retired Asset 10-20
Reinstatement Restrictions 10-21
Recording Retirements and Reinstatements 10-22
Summary 10-23

11 Accounting and Reporting on Assets

Objectives 11-2
Business Needs 11-3
Create Accounting 11-4
Journal Entries Created 11-5
Adjusting Journal Entries and Depreciation Adjustments 11-6

x
 Assets Journal Entries Flow 11-7
Accounting Activity 11-9
Practice 11-1 Overview: Process Accounting for Asset Transactions 11-11
Accounting Activity 11-12
Fusion Subledger Accounting 11-14
Define Subledger Accounting Rules 11-15
Assets Accounting Event Model 11-16
On-line Inquiry and Reporting 11-17
Online Inquiries: Asset Inquiry Landing Page 11-18
Asset Landing Page 11-19
Standard Reports 11-21
Summary 11-22

12 Using Tax Books

Objectives 12-2
Tax Books 12-3
Creating a Tax Book 12-4
Asset Books Regions 12-5
Prerequisites for Setting Up Tax Book Asset Categories 12-7
Entering Information in Tax Books 12-8
Populating the Tax Book Using Initial Mass Copy 12-10
Populating the Tax Book 12-12
Populating the Tax Book Using Periodic Mass Copy 12-13
Deferred Depreciation 12-15
Calculating Deferred Depreciation 12-16
Automatically Adding CIP Assets to Tax Books 12-18
Summary 12-20

A Appendix A: Listings of Reports and Event Classes

Objectives A-2
Standard Reports A-3
Asset Cost Reports A-4
Asset Reserve Reports A-5
Group Asset Reports A-6
Construction-in-Process Reports A-7
Other Miscellaneous Asset Reports A-8
Assets Accounting Event Model Overview A-9
Assets Accounting Event Classes A-10
Summary A-14

xi
B Appendix B: Common Application Topics
Objectives B-2
Manage Oracle Social Network Objects B-3
Enablement Options B-4
Update Translations B-6
Demonstration: Managing Oracle Social Network Objects B-8
Oracle Social Network Reference Resources B-9
Define Flexfields B-10
Manage Flexfields B-11
Types of Flexfields: Descriptive B-12
Flexfield Concepts B-13
Flexfield Segments B-14
Flexfield Structure B-15
Flexfield Context B-16
Flexfield Category B-17
Flexfield Usage B-18
Accessing Flexfields for Configuration B-19
Using the Highlight Flexfields Command B-20
Accessing Flexfield Management Tasks and Searching for Flexfields B-21
Value Sets B-23
Value Set Validation B-25
Value Set Usage B-26
Descriptive Flexfields B-27
Descriptive Flexfields Segments B-28
Descriptive Flexfields Context Segment B-29
Descriptive Flexfields B-30
Adding Flexfield Segments on Application Pages B-31
Extensible Flexfields B-35
Extensible Flexfields Context B-37
Extensible Flexfields B-38
Extensible Flexfield Example B-39
Key Flexfields B-43
Key Flexfield Structure B-45
Key Flexfield Instances B-46
Key Flexfields B-47
Tips for Managing Key Flexfields B-49
Flexfield Implementation Flow B-51
Flexfield Reference Resources B-53
Define Lookups B-54
Sample Lookup Type B-55
Lookup Components B-56

xii
Lookup Categories B-57
Manage Lookups B-58
Customize Lookups B-59
Define Profile Options B-60
Profile Options B-62
Profile Option Categories B-63
Profile Option Levels B-64
Profile Option Values B-65
Profile Options for Common Setup B-66
Quiz B-67
Define Attachments B-68
Key Concepts B-70
Manage Attachment Entities B-72
Manage Attachment Categories B-73
Attachment Category Security B-75
Example B-77
Solution B-78
Quiz B-79
Summary B-81

xiii
 1
Overview of Assets
Fundamentals

Copyright © 2016, Oracle and/or its affiliates. All rights reserved.

Course Objectives

After completing this course, you should be able to:

• Navigate in Oracle Cloud applications.
• Manage asset configuration.
• Define asset books and asset categories.
• Add assets.
• Account for assets.
• Depreciate assets.
• Retire assets.
• Report on assets.

Copyright © 2016, Oracle and/or its affiliates. All rights reserved.

Oracle Financials Cloud: Assets Fundamentals 1 - 2

 Course Approach

Each lesson in this course:

• Begins with your instructor presenting important concepts
related to implementing Oracle Fusion Assets.
• May also include one or more of the following activities:
– Complete a portion of the case study in FSM.
– Discuss key decisions and best practices.
– Complete an activity or knowledge assessment task.

Copyright © 2016, Oracle and/or its affiliates. All rights reserved.

In this course, the instructor:

• Presents introductory modules.
• Acts as a business analyst representing the case study customer.
• Imparts information to assist you with the Oracle Fusion Financial implementation.
• Provides review sessions as needed.

Oracle Financials Cloud: Assets Fundamentals 1 - 3

Oracle Cloud Implementation Resources

Classroom and Other Resources:

• Oracle Financials Cloud: Assets Fundamentals Student guide
(This guide)
• Oracle Fusion Applications Help in the Applications
• Oracle Fusion Technology Library on OTN
• My Oracle Support (MOS)
• Oracle Fusion Cloud Library
• Your instructor
• Other students

•Oracle Financials Cloud: Implementing Subledger Accounting

Copyright © 2016, Oracle and/or its affiliates. All rights reserved.

• Oracle Fusion Technology Library on OTN:

(http://www.oracle.com/technetwork/index.html)
• My Oracle Support (MOS): (https://support.oracle.com/ ) including this documents:
- Getting Started with Oracle Fusion Applications: Common Implementation, Article
ID 1387777.1 on Oracle Support
- Oracle Fusion Applications: Financials Reporting (Document 1458904.1
• Oracle Help Center: (http://docs.oracle.com/cloud/latest/financialscs_gs/index.html)
including these Oracle Financials Cloud books:
- Implementing Assets
- Using Assets
- Getting Started with Your Financials Cloud Implementation
- Implementing Enterprise Structures and General Ledger
- Security Reference for Oracle Financials Cloud
- Creating Analytics and Reports
- Using Analytics and Reports

Oracle Financials Cloud: Assets Fundamentals 1 - 4

 New Reference Guides

• File Based Data Import

includes links to:
– Spreadsheets templates..
– Load and import
processes. NEW
• Tables and Views includes:
– Columns
– Primary and Foreign
Keys
– Indexes
• SOAP (Simple Object
Access Protocol) Web
Services

Copyright © 2016, Oracle and/or its affiliates. All rights reserved.

Oracle Enterprise Repository has been decommissioned and the following new guides are on
the Oracle Cloud Help Center at
• File Based Data Import (FBDI) is used to load data into Oracle Fusion Applications from
external sources, such as legacy systems and third-party applications. The File Based
Data Import for Oracle Financials Cloud Guide includes links to:
- Spreadsheets used to load data into Oracle Fusion Applications from external
sources, such as legacy systems and third-party applications. The spreadsheet
templates helps to structure, format, and generate the data file according to the
requirements of the target application tables.
- File-based load process to load the data files into the interface tables.
- Application-specific data import processes to transfer data from interface tables to
the application tables in your Oracle Fusion Applications
• Tables and Views for Oracle Financials Cloud Guide includes:
- The tables with the basic information about the table columns, primary and foreign
keys, and indexes.
- The views, columns, and query details that are associated with each view.

Oracle Financials Cloud: Assets Fundamentals 1 - 5

 • SOAP (Simple Object Access Protocol) Web Services for Oracle Financials Guide
include:
- Business Object Services relationships, operations, and security.
- Service Data Objects relationships and attributes.
Note: Use SOAP web services to integrate with or extend Oracle Applications Cloud.
Through web services, you can integrate heterogeneous applications within the enterprise or
expose business functions to Oracle Cloud partners and customers over the Internet.

Oracle Financials Cloud: Assets Fundamentals 1 - 6

Friendly Search

Copyright © 2016, Oracle and/or its affiliates. All rights reserved.

• Simple search entry: Just type your topic in the field.

• Comprehensive view of search results: Results show the guide as well as the topic with
direct links to the topic.
• Number of results and context displayed.
• Refine Search task panel enables you to reduce the number of results.
• Breadcrumbs appear at the top of topics you select to allow easy return to the list of
results.

Oracle Financials Cloud: Assets Fundamentals 1 - 7

Course Schedule

Day One:
• Overview of Assets Fundamentals
• Introducing Oracle Fusion Navigation
• Introducing Functional Setup Manager
• Overview of Security
Day Two:
• Configuring Assets
• Managing Asset Books and Categories
• Adding Assets
• Adjusting Assets
• Depreciating Assets

Copyright © 2016, Oracle and/or its affiliates. All rights reserved.

Oracle Financials Cloud: Assets Fundamentals 1 - 8

Course Schedule

Day Three:
• Retiring Assets
• Accounting for Assets
• Reporting on Assets
• Using Tax Books

Let’s Begin!

Copyright © 2016, Oracle and/or its affiliates. All rights reserved.

Oracle Financials Cloud: Assets Fundamentals 1 - 9

Lesson Objectives

After completing this lesson, you should be able to explain:

• The key functional areas that are part of Assets.
• View an asset.
• Access an asset inquiry.

Copyright © 2016, Oracle and/or its affiliates. All rights reserved.

Oracle Financials Cloud: Assets Fundamentals 1 - 10

 Asset Life Cycle

Copyright © 2016, Oracle and/or its affiliates. All rights reserved.

The asset life cycle can be summarized as follows:

• Long-range capital plan for investments in assets.
• Annual capital budget for acquiring assets in the current year.
• Procure assets.
• Construct and install assets for your business operations.
• Capitalize assets you have constructed.
• Operate, depreciate, and revalue assets and create the corresponding accounting
entries.
• Repair and maintain assets and account for the costs involved.
• Retire and dispose assets and account for the transactions.

Oracle Financials Cloud: Assets Fundamentals 1 - 11

 Understanding Assets

Copyright © 2016, Oracle and/or its affiliates. All rights reserved.

Assets is part of the Oracle Fusion Asset Lifecycle Management solution. Assets:
• Automates asset management and simplifies fixed asset accounting tasks.
• Uses a unified source of asset data to provide visibility into your assets worldwide.
• Provides data and function security.
• Uses automated business flows to streamline standard asset management tasks, such
as asset additions, asset transfers, disposals, reclassifications, financial adjustments,
and legacy data conversions.
Assets:
• Supports the end-to-end asset lifecycle from asset acquisition to retirement.
• Improves the capital asset management by providing more visibility, tracking, and
control for the capital assets.

Oracle Financials Cloud: Assets Fundamentals 1 - 12

Assets Tasks

Use Assets to perform:

• Standard asset management such as:
– Additions
– Financial Adjustments
– Transfers
– Retirements
• Legacy data conversions.
• Accounting including:
– Additions
– Depreciation
– Retirements

Copyright © 2016, Oracle and/or its affiliates. All rights reserved.

• Standard asset management tasks, such as additions, adjustments, reclassifications,

transfers, and retirements.
• Legacy data conversions: Assets provides automated business flows to help streamline
data conversions from other systems.
• Accounting: Assets adapts to various countries' tax and accounting laws to
accommodate fluctuating economies, unplanned depreciation, and other unforeseen
circumstances.

Oracle Financials Cloud: Assets Fundamentals 1 - 13

 Assets Reports

• Assets provides the following types of reports for ease of

reconciliation and analysis.
– Standard accounting reports
– Operational reports
– Registry reports
• Use reports to inform the fixed asset managers of:
– Additions
– Transfers
– Retirements
– Other changes

Copyright © 2016, Oracle and/or its affiliates. All rights reserved.

Use reports to inform the fixed asset managers of additions, transfers, retirements, or other
changes, ensuring that the asset information remains accurate.

Oracle Financials Cloud: Assets Fundamentals 1 - 14

 Asset Inquiry

• Search your assets quickly and efficiently.

• View all key aspects of your asset including:
– Financial
– Descriptive
– Source lines
– Assignment
– Cost history
– Depreciation
– Transaction details

Copyright © 2016, Oracle and/or its affiliates. All rights reserved.

Viewing Asset Information Online

You can view and query assets online to verify or research asset information:
• Perform online inquiries to view the financial information about an asset
• Query all assets assigned to a general ledger account by asset detail, assignment,
source lines, and lease
• Query all assets assigned to a depreciation account
• View the transaction, depreciation, and cost history of an asset
• View transactions for any depreciation book and accounting period
• View accounting lines for transactions

Oracle Financials Cloud: Assets Fundamentals 1 - 15

 Accessing the Asset Inquiry Page

To access the Assets Inquiry page:

Click on the Fixed Select the Assets

1. Assets icon on the 2. Inquiry Icon.
Springboard.

Copyright © 2016, Oracle and/or its affiliates. All rights reserved.

The Asset Inquiry page allows you to focus on a single asset book at a time. You can use the
list of values to filter and review data for any specific assets book.

Oracle Financials Cloud: Assets Fundamentals 1 - 16