Oracle Assets Cloud: Overview
Oracle Assets Cloud automates asset management and simplifies fixed asset
accounting tasks. It provides visibility into your worldwide assets with
automated business flows for asset additions, transfers, disposals,
reclassifications, and so on.
Oracle Assets Cloud Features
BD Assets work area
BD Physica inventory
BD Spreadsheet integration
BD Depreciation run and period close e
BD Asset Inquiry page
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HOracle Assets Cloud Benefits
+ Manage assets from a single location, such as monitoring incoming asset
source lines from multiple systems (Fusion Projects, Payables, and third
party systems), monitoring asset books, running depreciation, and closing
the period
+ Infotils for Assets push critical information to enable you to take action to
resolve exceptions and complete processing of asset data to ensure ¢
‘acoutaay prior to period close
+ Complete asset information from a central page to prevent period close
delays.
+ Inorease produativity by exporting asset source lines to Excel to
update large volumes of asset data,
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Oracle Assets Cloud: Key Processes
+ Asset Acquisition
~ Manual Asset Additions
= Mass Additions interfac
~ Spreadsheet UI =
* Capitalizing CIP assets ee - GC
+ Asset Reclassification
* Asset Adjustment Transactions
(Change the asset financial details.)
+ Asset Transfer
Ez UNIVERSITYOracle Assets Cloud: Key Processes
+ Asset Depreciation and
+ Period Close
+ Depreciation What tf Analysis (~~ - -
+ Asset Impairment
+ Asset Revaluation — =a ¢
+ Asset Retirement and =
Reinstatement
* Create Accounting — Assets and post to GL
+ Reconciling FA balanoes with GL
+ Asset Mass Copy (Corporate to Tax book)
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