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Oracle Assets - FA SIG – Oct 2006Somasundar ViswapathyProduct Manager

The following is intended to outline our generalproduct direction. It is intended for informationpurposes only, and may not be incorporated into anycontract. It is not a commitment to deliver anymaterial, code, or functionality, and should not berelied upon in making purchasing decisions.relied upon in making purchasing decisions.The development, release, and timing of anyfeatures or functionality described for Oracle’sproducts remains at the sole discretion of Oracle.

Oracle Assets

Release 12 Overview

Agenda

• Summary of New/Changed FA Features• Detailed Description of Each Feature

• Feature and Benefits• Demonstration• Implementation Considerations• Implementation Considerations• Customization and Extensibility Options• Integration Considerations• Upgrade Considerations

• Wrap Up/Q&A

New and Changed Features for Assetsin R12

Process Efficiency1)Enhanced Mass Additions for Legacy conversions2)Automatic Preparation of Mass Additions3)Automatic Depreciation Rollback

Flexible Reporting4)Reporting using XML publisher

Flexible Accounting5)Uptake of Subledger Accounting Architecture

New and Changed Features for Assetsin R12 (Continued)

Industry specific Enhancement

6) Enhanced Functionality for Energy Industry

Enhanced Mass Additions for Legacyconversionsconversions

Enhanced Mass Additions for Legacyconversions

• New Attributes added to the Interface tableFA_MASS_ADDITIONS :

• Asset life, Depreciation method, Prorate convention, Bonusrule Ceiling name, Depreciation limit etc.rule Ceiling name, Depreciation limit etc.

• WebAdi has been enhanced to provide the additionalattributes

Enhanced Mass Additions for Legacyconversions

In the past customers had to override the values that defaulted fromAsset Category.

Enhanced Mass Additions for Legacy conversions

Newattributes

WebAdi has been enhanced to include the additional Columns

Demonstration

Enhanced Mass Additions for Legacy conversions

Demonstration – Scenario

Add an asset with depreciation method different from that of the

Enhanced Mass Additions for Legacy conversions

Add an asset with depreciation method different from that of theAsset Category

Implementation Considerations

• WebAdi – Define Layout and Create Mapping have theseadditional columns that can be set up during implementation

Enhanced Mass Additions for Legacy conversions

Automatic Preparation of Mass Additions

Automatic Preparation of MassAdditions

• Auto Prepare Mass addition lines to avoid manualintervention.

• Auto populate required fields such as Expense Account,Asset Category etc.Asset Category etc.

• Use default rule or use custom extension

• New Concurrent Program:Prepare Mass Additions

Automatic Preparation of Mass AdditionsSetup - Quickcode

•Use Default•Use Custom or•Use Custom Energy

Rules to Prepare Mass Additions

•Use Custom Energy

Automatic Preparation of Mass AdditionsSetup – Quickcode

• Rules to Prepare Mass Additions

Value Description

The Asset Category is derived based on the Asset ClearingAccount if there is a one to one match in the Asset Categorysetup.

Use Defaultsetup.The Expense account is derived based on the ClearingAccount by replacing the natural account segment from theAsset Category.

Use CustomThe Prepare Mass Additions program will use the customlogic coded in the Public APIFA_MASSADD_PREPARE_PKG

Use CustomEnergy

Energy industry specific custom rule.

Demonstration

Automatic Preparation of Mass Additions

Demonstration – Scenarios

• Set Up Rules• Interface Mass Addition Lines• Run the Prepare Mass Additions program

Automatic Preparation of Mass Additions

• Run the Prepare Mass Additions program• Verify Mass Additions data• Post Mass Additions

Implementation Considerations

• Setup Quickcodes• Code custom logic in the

‘FA_MASSADD_PREP_CUSTOM_PKG.prepare_attributes’

Automatic Preparation of Mass Additions

‘FA_MASSADD_PREP_CUSTOM_PKG.prepare_attributes’package

Automatic Depreciation Rollback

Automatic Depreciation Rollback

• Depreciation is rolled back automatically by the systemwhen any transaction is performed on an asset if thefollowing conditions are met:

Depreciation has been processed in that period and Depreciation has been processed in that period and The period is not closed

• Rollback Depreciation program is obsolete

Demonstration

Automatic Depreciation Rollback

Reporting using XML publisher

Reporting using XML publisher

• Major Asset Transaction reports have been modified to supportXML publisher.

• Customers can modify or use new templates to view report• Customers can modify or use new templates to view reportoutput.

Reporting using XML publisher

XML reporting is available for major Asset Transaction reports:

1. Asset Transfers Report2. Transaction History Report3. Asset Reclassification Report4. Mass Additions Create Report5. Cost Adjustment Report6. Cost Summary Report6. Cost Summary Report7. CIP Summary Report8. Reserve Summary9. Journal Entry Reserve Ledger10. Asset Additions Report11. CIP Capitalization Report12. Mass Additions Posting13. Asset Retirements

Reporting using XML publisher

• Set the Output Format toXML

Reporting using XML publisherProcess – Text output

Text Output

Reporting using XML publisherProcess – XML output

XML Output

Demonstration

Reporting using XML publisher

Uptake of Subledger Accounting

Uptake of Subledger Accounting

SLA

• Oracle Assets is fully integrated with SLA, which is a commonaccounting platform for Sub Ledgers.

• Customers can use the seeded Account Derivation definitionsor modify them as required.or modify them as required.

• Continue to support Account Generator functionality forexisting Asset Books.

• New SLA Accounting report and online account inquiry.

Integration Considerations

The FA: Include Nonrecoverable Tax in MassAddition profile option is obsolete.

This has been replaced by Post Accounting

Uptake of Subledger Accounting

This has been replaced by Post AccountingPrograms under Subledger Accounting. Theseprograms manage the setup for all eligible linesfrom Payables to Assets for the Mass AdditionsCreate program.

Enhanced Functionality for Energy Industry

Enhanced Functionality for EnergyIndustry

1) Energy Units of Production Method for Group Assets

• Allow Production method for Group Assets• Allow Production upload to Group Assets

Net Book Value x (Production for the Period / NetRemaining Production Capacity)

Net Remaining Production Capacity = Total Capacity –Production used to date

Enhanced Functionality for EnergyIndustry

2) Energy Straight line Method

•Net Book Value / Remaining Life

Global Considerations

• Global Descriptive Flexfield Migration for GreeceInformation stored in descriptive flexfields for Greece -

Commitment andInvestment lawInvestment law

are upgraded to named fields in the Asset Workbench.

Wrap Up/ Q&AWrap Up/ Q&A

Thank You