Oracle Assets Release 12 Enhancements.ppt

Copyright ? 2007 Chi-Star TechnologySM Patent Pending SM Oracle Assets Release 12 Enhancements SM Copyright ? 2007 Chi-Star Technology SM -*- High-Level Overview Subledger Accoutning Enhanced Mass Additions Interface Auto-Prepare Mass Additions Flexible reporting using XML Publisher Auto Depreciation Rollback Energy Sector Enhancements: Asset Impairment Depreciation Methods Units of Production Straight Line Copyright ? 2007 Chi-Star Technology SM -*- Subledger Accounting This new enhancement allows clients to meet multi-GAAP, corporate, and fiscal accounting requirements. The tool, Accounting Methods Builder, allows you to determine the accounts, lines, descriptions, summarization, and dates of your journal entries. Notes: It seems that there is duplication when defining a system. With this new enhancement you define accounts, journal sources, and journal categories. When the subledgers are define they still require this same detail. Question: What if a value is define incorrectly in one of the two places? What rule supercedes the other (I.e. Subledger Accounting or Account Generator) - question not yet answered on metalink. Copyright ? 2007 Chi-Star Technology SM -*- Enhanced Mass Additions Interface New data fields have been added to the Mass Additions Interface table. There are over 40 new data fields. Here are some of the more critical fields added: Asset Life Depreciation Method Prorate Convention Bonus Rule Ceiling Name Depreciation Limit Notes: These new data fields will benefit data conversion by allowing the converted data to be brought into Oracle with the asset life information. Copyright ? 2007 Chi-Star Technology SM -*- Auto-Prepare Mass Additions New API’s are available to automate the Prepare Mass Additions process. There are default rules available, you can accept the defaults or choose to create custom rules. These API’s will automatically process data and assign the required data attributes, such as: Deprec