8/30/2016

OracleApplications:OracleFixedAssetPeriodClosingProcedures
0

Home

AP

AR

OM

More NextBlog

PA

PO

CreateBlog SignIn

HR

GL

INV

PLSQL

SCRIPTS

FAQS

CONV

TOOLS

OAF

WEDNESDAY,AUGUST31,2016

DOWNLOADS
SEARCH
Search

OracleFixedAssetPeriodClosingProcedures
1.Create all transactions (mass additions, retirements etc) before
running the Depreciation Program. Check for the Mass Additions with the Status of NEW.
2.Before running the depreciation, Project the depreciation by running the Projections. Select the projection calendar, number of periods, Starting
period, the corporate book and click on the Run button. Total Depreciation for the period will be shown as the output in the concurrent request
output.
3. Run the depreciation program without closing the period.
4. Module: Fixed Assets.

2 5 2 2 3 9 0
LABELS
11i(34)
ABSENCE(5)
ADI(24)
AIM(6)
ALERTS(10)
AME(17)
AOL(143)

5. Navigation: Depreciation Depreciation. Select the corporate

book and the period. Do Not Check the Check Box Close Period

AP(183)

6. Verify The Journal Entry Reserve Report for the calculation of Depreciation and whether depreciation is calculated for all the assets. After checking
the results go to next step.

APPLICATIONS(19)

API(39)
AR(153)
ASSETS(13)

7. Now run the Depreciation program with the check box Close Period Checked.
8. Transfer information from fixed assets to General Ledger.
(Module: Fixed Assets. Navigation: Submit Request Create Journal Entries in Fixed Asset. Choose the Corporate Book and period for parameters
as shown below.

BANKS(17)
BOM(5)
BPEL(6)
BURSTING(1)
C/C++(5)
CASH(19)

9. This process creates the Journal Entries Automatically in the

General Ledger. Journal import from general Ledger need not be run both for Primary as well as Reporting Set of Books.

CHECKS(10)

10.Verify the Unposted Entries in the journal Entry Screen.

CMD(5)

http://oracleapps88.blogspot.in/2016/08/oraclefixedassetperiodclosing.html

CLOUD(2)

1/5

8/30/2016

OracleApplications:OracleFixedAssetPeriodClosingProcedures
COMMANDS(3)

11. Post the journal Entries.

CONVERSIONS(91)

COST(1)

2.1 OPENING / CLOSING THE PERIOD IN FIXED ASSETS:

CRM(15)

1. If the Depreciation is run with the Check Box Close Period Checked, the period will be closed and the next period will be opened automatically.

Note: In Fixed Assets, once a period is closed, it cannot be reopened.

CUSTOM.PLL(7)
DATALOADER(7)
DBA(96)
DISCOVERER(25)
DOCUMENTS(53)
EAM(1)
EDI(2)

BestBloggerGadgets

eText(9)

PostedbyRajuChinthapatlaat1:52AM

EXCEL(1)

Recommend this on Google

FA(14)

Labels:FA

FAQS(355)

Nocomments:

FINANCIALS(8)
FLEXFIELDS(23)

PostaComment

FNDLOAD(16)
FORMPERS(19)
FORMS(96)

Enteryourcomment...

FORMSPERS(14)
FUNCTIONAL(50)
FUSION(8)
Commentas:

LakshmiNarayananV(Google)

Signout

GENERAL(1)
GL(133)

Publish

Notifyme

Preview

HRMS(84)
IB(2)
iEXPENSE(17)
INDEXES(1)
INFORMATICA(2)
INTERFACES(18)
INV(67)
iPROCUREMENT(4)
iSTORE(3)
ITEMS(16)
JAVA(6)
LDT(15)

Linkstothispost

METALINK(22)

CreateaLink

MOAC(5)
MSCA(4)

Home
http://oracleapps88.blogspot.in/2016/08/oraclefixedassetperiodclosing.html

OlderPost

MULTIORG(20)
O2C(13)

2/5