2. New and Changed Features in R12
Process Efficiency
• Enhanced Mass Additions for Legacy conversions
• Automatic Depreciation Rollback
• Automatic Preparation of Mass Additions
Industry Enhancements
• Enhanced Functionality for Energy Industry
Flexible Accounting
Uptake of Subledger Accounting Architecture
Flexible Reporting
• Reporting using XML publisher
4. Mass Additions Process in 11i
Oracle
Payables
Oracle
ADI
Projects
FA Mass Additions
Legacy
System
Review
Mass Additions
Asset Category to
Default asset depreciation FA Asset Books
rules
5. R12 Enhanced Mass Additions
R12 New Features
New attributes added to FA_MASS_ADDITIONS
• Asset Life
• Depreciation Method
• Prorate Convention
• Bonus Rule
• Allowed Depreciation limit
• Allowed Depreciation limit amount
• Salvage type
• Percent salvage value
Web ADI Mass Additions template enhanced to include new
columns
6. Enhanced Mass Additions
Legacy conversions
Web ADI template for Asset Mass additions enhanced to add additional columns
New columns added
8. Roll Back Process in 11i
Asset
Book
Rollback
Run Adjustment Depreciation Create
Depreciation required for for entire Adjustment
Asset Book
Run
Depreciation
9. RollBack - R12 New Feature
Asset Adjustment
Book required for
Asset
Automatic
Run Create Rollback of
Depreciation Adjustment Depreciation
for asset
Run
Depreciation
(Adjusted asset)
10. Automatic Depreciation Rollback
Conditions for Automatic Rollback:
• Depreciation processed for the period and
• The period is not closed
Adjusted Asset depreciated in next depreciation run.
Rollback Depreciation program (R11i) is now obsolete
12. Automatic Preparation Mass Additions
Auto Prepare Mass addition lines to avoid manual
intervention.
Auto populate required fields such as Expense
Account, Asset Category etc.
Use default rule or use custom extension.
New Concurrent Program: Prepare Mass Additions
13. Automatic Preparation Mass Additions
Choice of 3 types of rules to Prepare Mass Additions:
Use Default
Use Custom
Use Custom Energy
14. Automatic Preparation Mass Additions
Mass Addition Rules
• Default Rule :
– Asset Category derived from Asset Clearing Account if one to one match is
available
– Expense account derived from Asset clearing account, by replacing
natural account segment.
• Custom Rule: Rule defined in API FA_MASSADD_PREPARE_PKG
• Custom Energy: Energy industry custom rule
16. Enhanced Functionality for Energy Industry
– Units of Production method now allowed for Group
Assets.
– Custom Energy Industry rule for Automatic creation
of assets through Mass Additions.
17. UOP method for Group Assets
Group Asset
Year 1
Acquisition of Rig
• Cost = $100,000
• Life = 14 yrs
• Capacity: 18 million barrels
Year 4
Year 2
Repair/ Refurbishment
Repair/ Refurbishment
$ 75,000
$ 50,000
Capacity: 9 million barrels
Capacity: 12 million barrels
18. UOP Method for Group Assets
• New Energy Units of Production Method for Group
Assets
Depreciation amount =
Net Book Value x ( Production for the Period / Net
Remaining Production Capacity)
Net Remaining Production Capacity = Total Capacity –
Production used to date
20. SLA Uptake
Oracle Assets fully integrated with Subledger Accounting.
Transactions in Assets are denoted by different Event Classes.
Event Classes are grouped into the following Event entities:
Transactions:
Additions, Adjustments, Capitalizations, Reclassification,
Retirements, Unit Adjustments, Unplanned Depreciation etc.
Depreciation :
Depreciation & Depreciation Rollback.
Inter Asset Transfers:
Source Line transfers, Reserve Transfers etc.
Deferred Depreciation: Deferred Depreciation.
21. SLA Uptake
Users can use the seeded Account Derivation definitions or modify them.
Continue to support Account Generator functionality for existing Asset
Books.
FA: Use Workflow Account Generation = Yes
Create Journal Entries replaced by Create Accounting program.
SLA options in the Menu for online enquiry.
Account Drilldown report replaced by SLA Account Analysis report
24. Reporting using XML publisher
– Major Asset Transaction reports modified to
support XML publisher.
– Users can modify seeded templates or use new
templates to view report output.
25. Reporting using XML publisher
XML reporting is available for major Asset Transaction reports:
Asset Transfers Report
Transaction History Report
Asset Reclassification Report
Mass Additions Create Report
Cost Adjustment Report
Cost Summary Report
CIP Summary Report
Reserve Summary
Journal Entry Reserve Ledger
Asset Additions Report
CIP Capitalization Report
Mass Additions Posting
Asset Retirements
26. Reporting using XML publisher
Change report output Format to XML (in System Administrator responsibility >
Concurrent program definition)