Oracle R12 Fixed Assets Course Overview

The Oracle R12 Fixed Assets course is designed for managers and users who are required to set up or work with Oracle Fixed Assets on a day to day basis for fixed asset management.

Skills Gained:

Students will practise and by the end of the course will be able to understand:

• Setting up asset controls
• Defining asset books and categories
• Setting up depreciation
• Adding asset additions manually
• Creating and preparing mass additions
• Posting mass additions
• Using CIP asset additions
• Adjusting and maintaining assets
• Clearing historical data
• Transferring assets
• Depreciating assets and project assets
• Report reconciliation
• Retiring and reinstating assets and calculating gains and losses
• Creating asset management journal entries
• Using the account generator
• Performing asset inquiries and reports
• Tax accounting

Who will benefit?

The Oracle R12 Fixed Asset course is designed for managers and end users such as Fixed Asset Accountants or those who provide first line support to them, who need to set up and use Oracle Assets.  It would also be useful for Payables Supervisors so that they can appreciate the integration between Oracle Payables and Oracle Assets.

Course Outcomes:

Students will  understand of the fixed asset life cycle.  They will be able to add an asset, adjust and revalue an asset, calculate depreciation on an asset, transfer an asset and retire an asset.

Requirements:

An understanding of basic accounting concepts and the asset management function is required.  Knowledge of Oracle Accounts Payable and the General Ledger would be advantageous.

Duration:

This course will run for a minimum of 2 days

Costs:

• UK: £350 + expenses PER DAY
• USA: $550 + expenses PER DAY
• Europe: €400 + expenses PER DAY

Location:

An office near you, to suit YOUR needs

Next Steps?

Contacts us NOW to find our more information on the structure of the course as well as the duration agenda as a local training centre to suite YOUR needs.