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Oracle Applications_ Oracle Fixed Assets Mass Additions Create Process
Oracle Applications_ Oracle Fixed Assets Mass Additions Create Process
Overview
The Mass Additions Create Program (APMACR) is submitted from an Accounts Payable (AP) responsibility. The purpose of the program is to
interface the costs of purchased items that meet the criteria to become an asset. It also interfaces adjustments to the invoice cost and discounts taken
when the invoice is paid for assets that have already been interfaced.
Types of Assets
There are three types of assets:
· capitalized
· construction-in-process (CIP)
· expensed
Which type of asset an invoice distribution becomes depends on the natural account segment and the asset category configuration. Any invoice
distribution that is charged to an expense account is eligible to be transferred to Fixed Assets (FA) as an expense type asset if the “Track as Asset”
option is selected on the distribution line. These expenses are not depreciated in FA, but they are reported as an expense. Capitalized assets will start
to depreciate based on the depreciation method rules and the date placed in service. CIP assets do not depreciate until the asset is capitalized and
placed into service in FA after they have been transferred.
Set Up Steps
1. Define the account type of an account in GL.
Responsibility: General Ledger
Navigation: / Setup / Flexfields / Key / Values
Define the segment qualifier “Account Type” as either Asset or Expense
2. Define the asset clearing and CIP clearing accounts for an asset book
Responsibility: Fixed Assets
Navigation: / Setup / Asset System / Categories
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A complete account is set up in this screen. However, for the mass additions process, only the natural account segment is evaluated. You JobsMagBlog
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the same natural account with different company or cost centers, and they will still be selected as an asset. This means that you must set up a
different natural account segment for every asset book you use.
Note: Enter the entire General Ledger Account shows in the asset category setup screen. However, the Mass Additions Create process only looks
at the natural account segment of that account. A typical business requirement is to have separate corporate depreciation books for various
operating units that are tied to the same GL chart of accounts. To meet this need, the natural account segment must be different for each
corporate depreciation book. In the screen shot above, the third segment is the natural account segment, so account 1570 and 1590 are the two
natural account segments that the Mass Additions Create Process will use to transfer costs from Payables to the OPS CORP book.
Note: In the distributions screen, the Track as Asset field is not displayed by default. It is automatically checked for all asset type accounts and
cannot be unchecked. To set the flag for expense type assets, go to the / Folder / Show Field option and elect to display the Track as Asset field.
4. Optionally, enter the Asset Book and Asset Category on the invoice line. If these values are entered on the invoice line, the asset book and asset
category will default to the distribution line. When the item is transferred to FA, the distribution amount will default to the asset category
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asset book assigned in payables.
Responsibility: Payables
Navigation: / Invoices / Entry / Invoice Batches or Invoices / Lines
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Note: If the distribution lines are saved before the asset book or asset category is populated on the invoice line, then the distribution line will not
have this information copied to the distribution. The asset book can be manually populated at the distribution level, but the asset category will
need to be assigned when the mass addition line is prepared.
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Variance lines (IPV and ERV) lines will have the related_id on the invoice distribution point to its associated item line. Each line is interfacedJobsMagBlog
in the
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MERGED queue. In other words, the IPV and ERV lines will be added to the costs of the item distribution when they are posted to FA.
For example, a PO (accrue on receipt is set to yes in this example) is entered for $500 USD. The po charge account 01-000-1570-0000 is an asset
account. When invoiced, the price is $550 US. When the invoice is accounted, an invoice distribution line of $50 difference between the po cost and
the invoice cost for the IPV will be created.
Account 1570 is an asset type account and is set up as the asset clearing account.
For INV1, one item will be transferred to FA with two source lines, totalling $550.
For INV2, one item will be transferred to FA with two source lines, totalling $110.
For INV3, one item line will be transferred to FA with one source line, totalling $200. Even though the freight line has an asset account, it is not
allocated to an item line, so it does not meet all the criteria required for an asset.
Non-Recoverable Taxes
To send non-recoverable tax amounts from AP to FA as part of the asset cost, the Non-Recoverable Tax accounting class assignment must be added
to the Oracle Standard Transfer Assignment for the Mass Additions Create Program.
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4. Enter a new assignment code and assignment name. Enter a journal if you only want to modify the assignment for one ledger.
5. For the new assginment code, select the 'Accounting Class Assignments' button
6. Insert a row, selecting Non-Recoverable Tax from the LOV.
The Mass Additions Create accounting class assignments is seeded by Oracle and cannot be updated. Be sure to enable the assignment definition,
and assign it to the appropriate ledger.
Tax lines will be transferred into the MERGED queue and can be reviewed in FA in the / Assets / Asset Workbench / Source Lines window.
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If Public Sector Financials are implemented, an additional process must be run before the Mass Additions Create job, the Update Assets Tracking JobsMagBlog
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Flag process (psafatab.pls). This process will set the assets tracking flag to yes on invoice distribution lines in compliance with the GASB 34 and
GASB 35.
The Mass Additions Create process then calls the fixed assets code, FA_MASSADD_CREATE_PKG (famadcb.pls), which determines whether the
selected data meets the criteria to be set moved to the FA_MASS_ADDITIONS table based on the asset book controls and the configured asset and
cip clearing accounts.
The Mass Additions Create process calls the project accounting procedre PA_MASS_ADDITIONS_PKG (pamassab.pls) code to insert adjustments to
projects that were interfaced to AP and insert any discount adjustments to projects.
The profile option “FA: Include Nonrecoverable Tax in Mass Addition” is obsolete in R12. See the Non-Recoverable Taxes section to see how to
transfer these costs to FA. In 11i, the cost of the asset would be transferred with the tax amount added. In R12, the tax lines will transfer to be
MERGED to the item line, and the history of the amounts will be available by reviewing the source lines in FA.
The asset book and asset category can be defined in Payables on the invoice line. These then default down to the invoice distribution. If these are
defined in Payables, they will appear in the Mass Additions Prepare screen when the asset is reviewed. They can be left null in payables, and the
system will look at the asset clearing accounts and cip clearing accounts setup for the book in FA, and pull the invoice lines charged to an account
that is set up for that account.
The mass additions create process uses the accounting amount data and accounting class data in the xla tables (xla_ae_headers, xla_ae_lines, and
xla_distribution_links) rather than the transaction amounts in the ap_invoice_distribution tables.
Labels: AP, FA
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