Tangible and Intangible Assets?

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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imarichards
Posts: 4
Joined: Sun Oct 29, 2006 11:09 am
Location: USA

Tangible and Intangible Assets?

Post by imarichards »

Hello,

how do I find out if an asset is Tangible or Intangible?
what joins we need to use?

please help..

Ahmed
sree02.oracle
Posts: 13
Joined: Fri Nov 23, 2007 7:12 am
Location: India

Post by sree02.oracle »

Tangible Assets means those assets which we can have physically and valuate it. eg: buildings, machinery etc.y

Intangible assets are those assets we can valuate imaginary. because we can't visible those and get worth approx. ex: goodwill of company, patents of company etc.

Anu
imarichards
Posts: 4
Joined: Sun Oct 29, 2006 11:09 am
Location: USA

Post by imarichards »

hi thanks..

Hoe to differentiate between these two? Is there a flag somewhere in the OFA tables?
guhanadh
Posts: 35
Joined: Thu Nov 29, 2007 7:49 am
Location: India

Post by guhanadh »

Thanks for Meaning... But can we make them in Assets Module
admin
Posts: 2063
Joined: Fri Mar 31, 2006 12:59 am
Location: Pakistan
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Post by admin »

Hi,
You should/can add (Intangible) in the Asset category and then filter on the basis of values selected there. thanks
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