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Application: Oracle Fixed Assets
Title: Asset Merge
Content
About Asset Merge …………………………………………………3
Steps Required for Asset Merge…………………………………….2
1. Create Invoice in Account Payables………………………..4
2. Run Transfer journal Entries to GL in Accounts Payables…8
3. Run Mass Addition Create In Accounts Payables…………11
4. Run Mass Addition Create Report in Accounts Payables…13
5. Prepare Mass Addition in Fixed Assets……………………17
6. Post Mass Addition in Fixed Assets……………………….24
Test Case ……………………………………………………….…..27
7. Query Asset to Check Results……………………………..27

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About Asset Merge
Merge is a process of adding multiple assets to a single asset.

Example: We have an asset like Computer.

Now we are purchasing first monitor and then CPU. Now we are having 2 invoices in AP. This
information is transferred to Assets through Mass additions. These invoices should be merged
because they are considered as a single asset.

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Step-1 Create Invoice in Account Payables
Application: Account Payables

Nav: Invoice  Entry  Invoice

1. Select operating
2. Select supplier
3. Enter invoice number
4. Enter the invoice amount
5. Click on lines
6. Enter invoice amount into two lines
7. Click on distribution

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1. Enter line one amount
2. Enter the asset clearing account
3. Save it and close this window

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1. Enter line two amount
2. Enter the asset clearing account
3. Save it and close this window

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1. Status is validated
2. Accounted as yes

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Step -2 Run Transfer Journal Entries to GL in Accounts Payables
Application: Accounts Payables

Nav: View  Request  Submit New Request

1. Select transfer journal entries to general ledger

2. Select primary ledger
3. Enter end date
4. Select post in general ledger as no
5. Click on ok

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1. Click on submit

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1. Journal import and transfer journal entries to GL completed
2. Status is normal

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Step-3 Run Mass Addition Create in Accounts Payables
Application: Accounts Payables

Nav: View  Request  Submit New Request

1. Select mass addition create

2. Select asset book
3. Click on submit

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1. Mass addition create completed
2. Status is normal

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Step-4 Run Mass Addition Create Report in Accounts Payables
Application: Accounts Payables

Nav: View  Request  Submit New Request

1. Select mass addition create report

2. Select asset book
3. Click on ok

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1. Click on Submit

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1. Place the curser at mass addition create report
2. Click on output

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1. Here we see the mass addition create report output

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Step-5 Prepare Mass Addition in Fixed Assets
Application: Fixed Assets

Nav: Mass Additions  Prepare Mass Additions

1. Select corporate book

2. Click on find

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1. Place the curser invoice number
2. Click on merge

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1. Enable merge check box
2. Click on done

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1. Place the curser at invoice number
2. Click on open

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1. Change the queue status on hold to post
2. Select asset category
3. Enter expense account
4. Select asset location
5. Click on asset details

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1. Select asset description
2. Click on done

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1. The queue status is posted
2. Close this window

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Step-6 Post Mass Addition in Fixed Assets
Application: Fixed Assets

Nav: Mass Additions  Post Mass Additions

1. Select corporate book as parameters

2. Click on submit

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1. Place the curser mass addition posting report
2. Click on output

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1. System generated asset numbers
2. Copy the asset numbers

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Step-7 Query Asset to Check Results
Application: Fixed Assets

Nav: Asset  Asset Work Bench

1. Enter the asset number

2. Enter the asset book
3. Click on find

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1. Place the curser at asset numbers
2. Click on books

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1. Select asset book
2. Click at current cost
3. Here we see the merged asset cost

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