Book Image

Oracle E-Business Suite Financials R12: A Functionality Guide

By : Mohan Iyer
Book Image

Oracle E-Business Suite Financials R12: A Functionality Guide

By: Mohan Iyer

Overview of this book

<p>Oracle EBS Financials provide organizations with solutions to a wide range of long- and short-term accounting system issues. Oracle E-Business Suite is the most comprehensive suite of integrated, global business applications that provides the most complete, integrated business intelligence portfolio<br /><br />Oracle E-Business Suite: A Functionality Guide – helps in binding the two skill sets together – knowledge of the software and the business knowledge of the user.<br /><br />This guide contains everything you need to know to maximize your implementation payback or return on investment.<br /><br />This book starts with an overview of Oracle E-Business Suite R12 where we cover the foundation features of Oracle Financial Management modules which include Navigation within Oracle E-Business Suite Release 12, Multiple Organization Access Control (MOAC), key aspects of Application Security and much more. The book then covers in detail General Ledger, Sub Ledger Accounting, Assets, Cash Management, Treasury, E-Business Tax, and much more.</p>
Table of Contents (24 chapters)
Oracle E-Business Suite Financials R12: A Functionality Guide
Credits
Foreword
About the Author
Acknowledgement
About the Reviewers
www.PacktPub.com
Preface
Index

Depreciation


Oracle Assets contains multiple depreciation calculation rules for standard straight line method depreciation. Other generic depreciation methods used world-wide are also available and can be used to manage assets out of the box.

You can also define additional rate tables and formulas for specific requirements that your business might need.

When running depreciation you have an option to close the period for a specific Asset Book. Once a period is closed for an Asset Book it cannot be re-opened again.

The rollback feature is built into the system, and is not a separate process. When you make an adjustment to an asset after calculating depreciation, the system performs a rollback for that asset. You can then rerun the Depreciation calculation (for that one asset) and any others you may have added.

You must not have closed the period to be able to perform this adjustment.

You can run depreciation projections that are estimates of the actual depreciation expense. You can project the...