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Application: Oracle Fixed Assets
Title: Mass Addition
Content
About Asset Mass Addition…………………………………………….3
Steps Required for Asset Mass Addition……………………………….2
1. Create Invoice in Account Payables…………………………...3
2. Run Create Accounting Program to Transfer to General
Ledger………6
3. Query the Journal in General Ledger and Post the Journal…...8
4. Run Mass Addition Create Program……………………….…11
5. Prepare Mass Addition in Fixed Assets………………………13
6. Run Post Mass Additions Program in Fixed Assets………….21
Test Case…………………………………………………………….…24
7. Query Asset in Asset Work Bench……………………………24

Accounting Entries…………………………………………………….27

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About Asset Mass Addition
Process of transferring fixed asset related data from accounts payables to fixed assets is called
mass additions

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. Enter line amount
6. Click on distribution

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1. Enter the invoice amount
2. Enter the asset clearing account
3. Select asset book
4. Save it and close this window

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1. Validate the invoice and do create accounting

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Step-2 Run Create Accounting Program to Transfer to General Ledger
Application: General Ledger

Nav: View  Request  Submit New Request

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1. Select create accounting program
2. Select primary ledger
3. Click on OK

1. Click on submit

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Step-3 Query the Journal in General Ledger and Post the Journal
Application: General Ledger

Nav: Journal  Entry

1. Enter primary ledger

2. Select source as payables
3. Click on find

1. Place the curser at unspotted journal click on review journal

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1. Click on post

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Step-4 Run Mass Addition Create Program
Application: Account Payables

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Nav: View  Request  Submit New Request

1. Select mass addition create program

2. Enter general ledger date
3. Select corporate book
4. Click on OK

1. Click on submit

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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

1. Place the curser at invoice number

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2. Click on open

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1. The queue status is new
2. Change the queue status new to on hold

1. Change the queue status new to on hold

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2. Save it

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

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1. The queue status is now on hold
2. Change the status on hold to post

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1. Select asset category
2. Enter expense account
3. Enter the location
4. Click on done

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1. Thaw invoice queue status is post

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Step-6 Run Post Mass Additions Program 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 at mass addition posting report
2. Click on output

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 1. Here we can see the mass additions posting report
2. Copy the asset number

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Atep-7 Query Asset in Asset Work Bench
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. Here we can see the asset details

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Accounting Entries

While Recording Asset Invoice in Account Payables

Asset Clearing A/c………....Dr $ 10000

Liability A/c (Payable)….…Cr $ 10000

When this Invoice Information Transferred to Fixed Asset

Asset Cost A/c…………..Dr $ 25000

Asset Clearing A/c…….…Cr $ 25000

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