accounts generator in fixed assets

[vecha_anil]

Hi All

I would like to know about the accounts generator in fixed assets. what is the use and how it would be implemented. two more questions what is customer,supplier netting report and how to take opening balances in the financial year starting.

thanking you
Anil.V

[cnubandi]

Hai,

Oracle Assets uses the Account Generator to generate accounting flexfield combinations for which to create journal entries to your general ledger. The Account Generator allows you to designate a specific source for each segment in the account for which Oracle Assets creates a journal entry. The Account Generator gives you the flexibility to create journal entries according to your requirements. You can specify to what detail to create journal entries, and you can specify the detail level for
each book and account type. By default, Oracle Assets creates journal entries without cost center level detail, except for depreciation expense. Using the default assignments, it creates journal entries using the balancing segment from the distribution line in the Assignments window and the account segment from the asset category or book, depending on the account type. The Account Generator gets the other segments from the default segment values you entered for the book. You can modify the default Account Generator process so that Oracle Assets creates journal entries to a different detail level

[surya_prabha]

HI

This is surya

can any body tell the accounting entries generated wile O to C cycle

Regards
Surya