Hi All,
As I am new to this Oracle apps field. I am very much confused with this modules like Fixed Assets and Cash management. Please help me in understanding those concepts. can any one tell me the basic work flow of both Fixed Assets and Cash Management modules in Oracle Apps.
Thanks and Regards,
Satti.
Fixed Assets and Cash Management Work flow
Dear Satish,
You raised two issues. 1) Fixed Assets and 2) Cash Management
Fixed Assets has the following Topics.
Setup part:
a) Fixed Assets Module has 3 Key Flexfields which are 1)Category 2)Location 3) Asset Key
b) You need to define Calendars.
c) Define Asset Book
Assing Asset Categories under that Asset Book
Assiging Depreciation Rules to Asset Categories
Assiging Prorate Calendar to Asset Categories
Workflow:
Invoice need to be accounted in Payables module and you need to check the check box "Asset Item" while doing the same
Create Accounting and transfer to General Ledger
Run a program called "Create Mass Additions"
Go to Fixed Assets Module and Retrieve the Fixed Asset
Assign the Asset Number, Asset Category and Date Placed In Service.
Assign the location and Employee
Capitalise it.
At period end, run the depreciation programme.
Transfer the entries to General Leder
Can somebody attend the Cash Management question ?
You raised two issues. 1) Fixed Assets and 2) Cash Management
Fixed Assets has the following Topics.
Setup part:
a) Fixed Assets Module has 3 Key Flexfields which are 1)Category 2)Location 3) Asset Key
b) You need to define Calendars.
c) Define Asset Book
Assing Asset Categories under that Asset Book
Assiging Depreciation Rules to Asset Categories
Assiging Prorate Calendar to Asset Categories
Workflow:
Invoice need to be accounted in Payables module and you need to check the check box "Asset Item" while doing the same
Create Accounting and transfer to General Ledger
Run a program called "Create Mass Additions"
Go to Fixed Assets Module and Retrieve the Fixed Asset
Assign the Asset Number, Asset Category and Date Placed In Service.
Assign the location and Employee
Capitalise it.
At period end, run the depreciation programme.
Transfer the entries to General Leder
Can somebody attend the Cash Management question ?
-
anusha_rao
- Posts: 54
- Joined: Tue Jul 24, 2007 1:00 am
- Location: India
hi
cash management is meant for reconciliation.
you have the following modules
receivables
ap
payroll
say for example ,you raise a po,and generate an invoice and pay it,you clear it in cashmanagement module and then transfer ap to gl.and then reconcile with cashmanagement.
regards
rao
senior functional consultant
chennai
cash management is meant for reconciliation.
you have the following modules
receivables
ap
payroll
say for example ,you raise a po,and generate an invoice and pay it,you clear it in cashmanagement module and then transfer ap to gl.and then reconcile with cashmanagement.
regards
rao
senior functional consultant
chennai
Asset Work Bench:
This work bench is used when you want to add an Asset directly in the Fixed Assets Module. That means, you need not enter an Invoice in Payables and link with FA module. Directly go to FA module, enter in the Asset Work Bench and add an asset. This is called as Manual Additions.
Mass Additions Work Bench:
This work bench is used when Assets are added through Payables module. Enter the invoice in Payables and run the Mass Additions Create programme in the period end. Go to FA module and create the Assets by additing Date Placed In Service, Category, Location and Employee details. Ofcourse, Asset Book name is mandatory.
Sorry, I am not aware of Tax Work Bench. I never worked on it.
Can somebody give a breif Idea about Tax Work Bench ?
This work bench is used when you want to add an Asset directly in the Fixed Assets Module. That means, you need not enter an Invoice in Payables and link with FA module. Directly go to FA module, enter in the Asset Work Bench and add an asset. This is called as Manual Additions.
Mass Additions Work Bench:
This work bench is used when Assets are added through Payables module. Enter the invoice in Payables and run the Mass Additions Create programme in the period end. Go to FA module and create the Assets by additing Date Placed In Service, Category, Location and Employee details. Ofcourse, Asset Book name is mandatory.
Sorry, I am not aware of Tax Work Bench. I never worked on it.
Can somebody give a breif Idea about Tax Work Bench ?
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