ERPstuff - Oracle EBS Community

Hi,

Can anyone tell me wat are all the entires that appears in fixed asset?

Hi Mr. Karthik


Oracle Assets Accounts
Oracle Assets creates journal entries for the following general ledger accounts:
? Accumulated Depreciation
? Asset Clearing
? Asset Cost
? Bonus Expense
? Bonus Reserve
? CIP Clearing
? CIP Cost
? Cost of Removal Gain, Loss, and Clearing
? Deferred Accumulated Depreciation
? Deferred Depreciation Expense
? Depreciation Adjustment
? Depreciation Expense
? Intercompany Payables
? Intercompany Receivables
? Net Book Value Retired Gain and Loss
? Proceeds of Sale Gain, Loss, and Clearing
? Revaluation Amortization
? Revaluation Reserve
? Revaluation Reserve Retired Gain and Loss

Regards,
Surya

Hi,

Check out Section 6 of the FA user guide. this section has details of the journal entries created in FA Module. Moreover, there is a downloadable document in one of the forums here which lists all JEs generated in the various modules of Oracle.

Cheers!!

Hi,

Check out Section 6 of the FA user guide. this section has details of the journal entries created in FA Module. Moreover, there is a downloadable document in one of the forums here which lists all JEs generated in the various modules of Oracle.

Cheers!!

<font color="blue"><font face="Verdana">Hi,
Fixed Assets Retirements Accounting Entries are given below

Asset Cost CR
Accumulated Depreciation DR
Net Book Value Retired Gain DR

Proceeds of Sale Clearing DR
Proceeds of Sale Gain CR

Cost of Removal Clearing CR
Cost of Removal Gain DR

Revaluation Reserve DR
Revaluation Reserve Retired Gain CR

For prior period retirements -
Depreciation Expense CR
Accumulated Depreciation DR</font id="Verdana"></font id="blue">

hi..where can i download the oracle asset user guide? thanks

Hi Uma,

Could you explain, In which Scenario this account entries will happen..

Regards,

Yknev