Inflation Accounting for Assets reports provide users with two types of reports, reconciliation and operational, to allow for reconciliation of Inflation Accounting for Assets balances with the General Ledger and control over the revaluation of the asset base.
Reconciliation reports enable users to reconcile revalued asset figures to the General Ledger.
Note: Reconciliation reports do not display revaluations that have been previewed and subsequently obsoleted in the Indexed-Professional Revaluation window.
The Inflation Accounting: Backlog Detail Report is used to reconcile the backlog accumulated depreciation accounts within the General Ledger. The detail report provides the reconciliation information at asset level. Backlog is the revaluation amount calculated when prior year accumulated depreciation is revalued. The report is sorted by balancing segment, asset account, cost center, and asset number and print totals for each asset, account, cost center, and balancing segment.
The report shows the beginning balance, additions, depreciation, adjustments, retirements, reclassifications, transfers, and ending balance for each asset. The Inflation Accounting: Backlog Detail Report is consistent with the standard Asset Reserve Summary Report in format and in displaying debits as negative amounts and credits as positive amounts. Totals are displayed at cost center, account, company, and report levels.
The Inflation Accounting: Backlog Summary Report is used to reconcile the backlog accumulated depreciation accounts within the General Ledger. The summary report provides the reconciliation information at account level. Backlog is the revaluation amount calculated when prior year accumulated depreciation is revalued.
The report is sorted by, and prints totals for each balancing segment and backlog accumulated depreciation account and cost center.
The report shows the beginning balance, additions, depreciation, adjustments, retirements, revaluation, reclassifications, transfers, and ending balance for each backlog account and cost center. The Inflation Accounting: Backlog Summary Report is consistent with the standard Asset Reserve Summary Report in format and in displaying debits as negative amounts and credits as positive amounts.
Totals are displayed at account, company, and report levels.
The Inflation Accounting: Cost Detail Report is used to reconcile the asset cost accounts within the General Ledger. The detail report provides the reconciliation information at asset level.
The report is sorted by balancing segment, asset account, cost center, and asset number and print totals for each cost center, asset account, and balancing segment. Oracle Assets historic values are shown separately from Inflation Accounting for Assets cost revaluation for each account; a subtotal is shown afterwards. The report shows the beginning balance, additions, adjustments, retirements, revaluation, reclassifications, transfers, and ending balance for each asset. The Inflation Accounting: Cost Detail Report is consistent with the standard Asset Cost Summary Report in displaying debits as positive amounts and credits as negative amounts. Totals are displayed at cost center, account, company, and report levels. The report displays two rows for each asset, one for the historic values and one for the Inflation Accounting for Assets values. A subtotal, which is the sum of the historic and Inflation Accounting for Assets values, is shown as well.
The Inflation Accounting: Cost Summary Report is used to reconcile the asset cost accounts within the General Ledger. The summary report provides the reconciliation information at account level.
The report is sorted by balancing segment, asset cost account, and cost center, and prints totals for each cost center, account, and balancing segment. The report shows the beginning balance, additions, adjustments, retirements, revaluations, reclassifications, transfers, and ending balance for each asset account and cost center. Two rows are displayed for each cost center, one displays the historic values and the other displays the inflation accounting for assets values. A subtotal, which is the sum of the historic and inflation accounting for assets values, is also shown.
Totals are displayed at account, company, and report levels.
The Inflation Accounting: Operating Expense Detail Report is used to reconcile the asset operating expense accounts within the General Ledger. The detail report provides the reconciliation information at asset level.
Unlike the other reconciliation reports which report on balance sheet accounts, this report details information for Profit and Loss accounts. This means it can only be run for the current fiscal year.
The report is sorted by balancing segment, asset account, cost center, and asset number and prints totals for each asset number, asset account, cost center, and balancing segment. In the same way as the Revaluation Reserve Summary and Detail reports show account movements, the Cost and Backlog lines show the Inflation Accounting for Assets amounts generated for each line type within that account, with a subtotal shown afterwards.
The report shows the additions, adjustments, revaluation, reclassifications, transfers, and total movements column for each asset. When an asset is retired, partially retired, or reinstated the cost, depreciation, and revaluation reserves are reversed and posted to a disposals gain or loss account. These transactions do not therefore appear in the Inflation Accounting: Operating Expense Detail Report and to avoid any confusion the Retirement column has been excluded from this report.
The Inflation Accounting: Operating Expense Detail Report displays credits and debits as follows.
On the Operating Expense Cost line, debits are displayed as positive amounts and credits as negative amounts
On the Operating Expense Backlog line, credits are displayed as positive amounts and debits as negative amounts
On the Operating Expense Net line, debits are displayed as positive amounts and credits as negative amounts
Totals are displayed at cost center, account, company, and report levels.
The Inflation Accounting: Operating Expense Summary Report is used to reconcile the asset operating accounts within the General Ledger. The summary report provides the reconciliation information at account level.
Unlike the other reconciliation reports which report on balance sheet accounts, this report details information for Profit and Loss accounts. This means it can only be run for the current fiscal year.
The report prints totals for operating account and balancing segment. The report is sorted by balancing segment, operating account, and cost center. Similar to the way in which the Revaluation Reserve Summary and Detail reports show account movements, the Cost and Backlog lines show the Inflation Accounting for Assets amounts generated for each line type within that account, with a subtotal shown afterwards.
The report shows additions, adjustments, revaluation, reclassifications, transfers, and a total movements column for each asset account and cost center. When an asset is retired, partially retired, or reinstated the cost, depreciation, and revaluation reserves are reversed and posted to a disposals gain/loss account. These transactions do not therefore appear in the Inflation Accounting: Operating Expense Summary Report and to avoid any confusion the Retirement column has been excluded.
The Inflation Accounting: Operating Expense Summary Report displays credits and debits as follows.
On the Operating Expense Cost line, debits are displayed as positive amounts and credits as negative amounts
On the Operating Expense Backlog line, credits are displayed as positive amounts and debits as negative amounts
On the Operating Expense Net line, debits are displayed as positive amounts and credits as negative amounts
Totals are displayed at account, company, and report levels.
The Inflation Accounting: Reserve Detail Report is used to reconcile the asset reserve accounts within the General Ledger. The detail report provides the reconciliation information at asset level. The report replicates and extends the Fixed Assets: Reserve Detail Report in that the inflation accounting values are shown in addition to the historic values. The report is sorted by balancing segment, asset account, cost center, and asset number, and prints totals for each asset, account, cost center, and balancing segment. Oracle Assets historic values are shown separately from Inflation Accounting for Assets Expense amounts for each account, a subtotal is shown afterwards for each Inflation Accounting for Assets balance type. The report shows the beginning balance, additions, depreciation, adjustments, retirements, revaluation, reclassifications, transfers, and ending balance for each asset. The Inflation Accounting: Reserve Detail Report is consistent with the standard Asset Reserve Summary Report in displaying debits as negative amounts and credits as positive amounts. Totals are displayed at cost center, account, company, and report levels.
The Inflation Accounting: Reserve Summary Report is used to reconcile the asset reserve accounts within the General Ledger. The summary report provides the reconciliation information at account level. The report replicates and extends the Fixed Assets: Reserve Summary Report in that the inflation accounting values are shown in addition to the historic values.
The report is sorted by, and prints totals for each balancing segment and depreciation reserve account, and cost center. Oracle Assets historic values are shown separately from Inflation Accounting for Assets amounts for each account, a subtotal is shown afterwards for each Inflation Accounting for Assets balance type.
The report shows the beginning balance, additions, depreciation, adjustments, retirements, revaluation, reclassifications, transfers, and ending balance for each asset account and cost center. The Inflation Accounting: Reserve Summary Report is consistent with the standard Asset Reserve Summary Report in displaying debits as negative amounts and credits as positive amounts.
Totals are displayed at account, company, and report levels.
The Inflation Accounting: Revaluation Reserve Detail Report is used to reconcile the asset revaluation reserve accounts within the General Ledger. The detail report provides the reconciliation information at asset level. The report replicates and extends the Fixed Assets: Revaluation Reserve Detail Report for users of Inflation Accounting for Assets.
The report is sorted by balancing segment, asset account, cost center, and asset number and prints totals for each asset, account, cost center, and balancing segment. Cost is the sum of the revaluation reserve movements generated by the revaluation of the asset cost. General Fund and Backlog show the Inflation Accounting for Assets revaluation reserve movements generated by each type for each account; a subtotal is shown afterwards.
The report shows the beginning balance, additions, depreciation, adjustments, retirements, revaluations, reclassifications, transfers, and ending balance for each asset. The Inflation Accounting: Revaluation Reserve Detail Report is consistent with the standard Asset Reserve Summary Report in displaying debits as negative amounts and credits as positive amounts. Totals are displayed at cost center, account, company, and report levels.
The Inflation Accounting: Revaluation Reserve Summary Report is used to reconcile the asset revaluation reserve accounts within the General Ledger. The summary report provides the reconciliation information at account level. The report replicates and extends the Fixed Assets: Revaluation Reserve Summary Report for users of Inflation Accounting for Assets.
The report prints totals for the revaluation reserve account and balancing segment. The report is sorted by balancing segment, revaluation reserve account, and cost center. Cost is the sum of the revaluation reserve movements generated by the revaluation of the asset cost. General Fund and Backlog show the Inflation Accounting for Assets revaluation reserve movements generated by each type for each account; a subtotal is shown afterwards.
The report shows the beginning balance, additions, adjustments, retirements, revaluations, reclassifications, transfers, and ending balance for each asset account and cost center. The Inflation Accounting: Revaluation Reserve Summary Report is consistent with the standard Asset Reserve Summary Report in displaying debits as negative amounts and credits as positive amounts.
Totals are displayed at account, company, and report levels.
The operational reports enable users to run revaluation previews, assess the state of revalued assets, and obtain an overview of the revalued asset balances. The Inflation Accounting Asset Balance Reports show the current state of the account balances in respect of each asset. The Inflation Accounting Asset Balance Reports can be run at any time in respect for any closed asset period. The report includes all assets within the selected asset categories.
Note: Operational reports do not include revaluations that have been previewed and subsequently obsoleted in the Indexed-Professional Revaluation window.
In the operational reports, if a figure is expected to be a debit balance and it is a debit balance, it is shown positively. The same is true for credit balances, meaning that only exceptions appear as negative figures.
The RXi reporting tool enables users to change the display format of the reports, thus allowing for a more generic reporting that can be used to cover a variety of business needs. If there is no requirement for a fixed definition of a report's layout, RXi offers a much more flexible approach to reporting needs.
The Oracle Financials RXi Reports Administration Tool gives users flexibility in managing reporting requirements. The Oracle Financials RXi Reports Administration Tool enables users to do the following:
choose the columns to be included in the report
format selected columns
order and group selected data
edit report and column headings
manage page size and other printing controls
generate reports in text, HTML, CSV, and tab-delimited formats
For information on the RXi Reports Administration Tool, see Oracle Financials RXi Reports Administration Tool User Guide.
The RX-i: Asset Balance Summary Report provides a high level summary of the balances of groups of assets for a range of cost centers or categories.
The attribute set for the RX-i: Asset Balance Summary Report is as follows:
Number for the Request ID
Company
Book
Fiscal Year
Period
Cost Center
Major Category
Minor Category
Revalued Cost
Revaluation Reserve
General Fund
Operating Account
Depreciation Reserve
Backlog Depreciation Reserve
The RX-i: Asset Balance Depreciation Summary Report shows a high level summary of the make-up of the depreciation position for a group of assets in a range of cost centers or categories.
The attribute set for the RX-i: Asset Balance Depreciation Summary Report is as follows:
Number for the Request ID
Company
Book
Fiscal Year
Period
Cost Center
Major Category
Minor Category
Revalued Cost
Period Depreciation
Year to Date Depreciation
Depreciation Reserve
Backlog Depreciation Reserve
Total Depreciation Reserve
The RX-i: Asset Balance Revaluation Reserve Summary Report shows a high level summary of the make-up of the revaluation reserve for a group of assets in a range of cost centers or categories.
The attribute set for the RX-i: Asset Balance Revaluation Reserve Summary Report is as follows:
Number for the Request ID
Company
Book
Fiscal Year
Period
Cost Center
Major Category
Minor Category
Revalued Cost
Revaluation Reserve Cost
Revaluation Reserve Backlog
Revaluation Reserve General Fund
Revaluation Reserve Net
The RX-i: Asset Balance Operating Expense Summary Report shows a high level summary of the make-up of the operating expense for a group of assets in a range of cost centers or categories.
The attribute set for the RX-i: Asset Balance Operating Expense Summary Report is as follows:
Number
Company
Book
Fiscal Year
Period
Cost Center
Major Category
Minor Category
Revalued Cost
Operating Expense Cost
Operating Expense Backlog
Operating Expense Net
The RX-i: Asset Balance Detail Report shows an asset distribution line breakdown of asset balances as of a selected period end.
The RX-i: Asset Balance Depreciation Detail Report shows an asset distribution line breakdown of the depreciation position as of a selected period end.
The RX-i: Asset Balance Revaluation Reserve Detail Report shows an asset distribution breakdown of the revaluation reserve as of a selected period end.
The RX-i: Asset Balance Operating Expense Detail Report shows an asset distribution breakdown of the operating expense as of a selected period end.
The default attribute set for RXi Asset Balance Reports is shown in the table below.
| Column Name | Description |
|---|---|
| Number | number for the request ID |
| Company | company name as entered in Oracle Assets |
| Book Name | asset book name |
| Fiscal Year Name | Fiscal Year Name |
| Period | period |
| Cost Center | cost center |
| Asset Number | asset number |
| Asset Description | asset description |
| Major Category | major category qualifier value |
| Minor Category | minor category qualifier value |
| Revaluation Reserve Net | revaluation reserve net amount |
| Revaluation Reserve General Fund | revaluation reserve general fund amount |
| Revaluation Reserve Backlog | revaluation reserve backlog amount |
| Backlog | backlog amount |
| Depreciation Reserve | depreciation reserve amount |
| Operating Account | operating account amount |
| General Fund | general fund amount |
| Revaluation Reserve | revaluation reserve amount |
| Revaluation Cost | revaluation cost amount |
| Revaluation Reserve Cost | revaluation reserve cost amount |
| Depreciation Period | revalued period depreciation amount, which represents a linear proration of the accumulated depreciation amount stored in Oracle Assets and a linear proration of the revaluation to match the period |
| Year to Date Depreciation | revalued year to date depreciation, which represents a linear proration of the accumulated depreciation amount stored in Oracle Assets and a linear proration of the revaluation to match the appropriate periods of the current fiscal year |
| Depreciation Backlog | depreciation backlog amount values |
| Depreciation Total | depreciation total amount values |
| Operating Expense | operating expense amount |
| Operating Expense Backlog | operating expense backlog amount |
| Operating Expense Net | operating expense net amount |
| Parent Asset No. | asset parent number |
| Current Revaluation Factor | current revaluation factor |
| Cumulative Revaluation Factor | cumulative revaluation factor |
| Asset Tag | asset tag number |
| Balancing Segment | balancing segment account value |
| Serial Number | asset serial number |
| Date Placed in Service | date asset placed in service |
| Life in Months | asset life in months |
| Straightline Depreciation Rate | straightline depreciation rate |
| Depreciation Method | depreciation method |
| Concatenated Asset Key | concatenated asset key |
| Concatenated Location | concatenated location |
| Asset Cost Account | cost account value |
| IAC Revaluation Reserve Account | Inflation Accounting for Assets revaluation reserve account value |
| Depreciation Reserve Account | depreciation reserve account value |
| Depreciation Backlog Account | depreciation backlog account value |
| General Fund Account | general fund account value |
| Depreciation Expense Account | depreciation expense account value |
| Operating Expense Account | operating expense account value |
| Concatenated Category | concatenated category description |
| Organization Name | organization name |
| Functional Currency Code | functional currency code |
Note: As full selection for display of the default attributes cannot be printed on 180 characters landscape format, the columns which are selected as part of the default attribute set have been restricted.
This report displays the impact of transactions in Inflation Accounting for Assets.
The report can be run on a specific transaction type, or all transaction types. Displayed journal entries are broken down by asset category, company, and cost center.
This program transfers Inflation Accounting for Assets journals to General Ledger in one of three modes: detail, summarized by transactions, or summarized by category.
Journals transferred to General Ledger in detail mode include additional information such as the adjustment, asset, and distribution IDs.
To generate the Inflation Accounting for Assets reconciliation reports, perform the following steps.
Navigate to the Submit Request window as follows:
OPSF(I) Inflation Accounting - Reports
Select the Single Request radio button.
In the Name field, select one of the following reports from the list of values:
Inflation Accounting: Backlog Detail Report
Inflation Accounting: Backlog Summary Report
Inflation Accounting: Cost Detail Report
Inflation Accounting: Cost Summary Report
Inflation Accounting: Operating Expense Detail Report
Inflation Accounting: Operating Expense Summary Report
Inflation Accounting: Reserve Detail Report
Inflation Accounting: Reserve Summary Report
Inflation Accounting: Revaluation Reserve Detail Report
Inflation Accounting: Revaluation Reserve Summary Report
The Parameters pop-up window appears.
In the Book field, select the required inflation accounting book from the list of values.
In the Period From field, select the required starting period from the list of values.
In the Period To field, select the required end period from the list of values.
Optionally, enter the range of companies to be used in the report and click OK.
Optionally, enter the range of cost centers to be used in the report and click OK.
Optionally, enter the range of accounts to be used in the report and click OK.
Note: As steps 8 to 10 are not mandatory, users can click Cancel at any time to close the pop-up dialog boxes.
To apply the parameters, click OK.
To send the request to the concurrent manager, click Submit.
To submit another request, click Yes, or to continue click No.
View the request in the concurrent manager as follows:
View - Requests
| Column Heading | Description |
|---|---|
| Asset Number | asset number |
| Balance Type | balance type; historic or inflation accounting for asset balances revalued. |
| Beginning Balance | The backlog account balance for each backlog account and cost center at the beginning of the requested period range. Beginning Balance is the sum of Backlog Accumulated Depreciation at the beginning of the period range. |
| Additions | This column is included for consistency with the Inflation Accounting for Assets Reserve Summary report. Additions are included within the period depreciation charge. |
| Depreciation | The change to the backlog accumulated depreciation reserve account resulting from revaluation of prior year accumulated depreciation that was calculated during the period range. |
| Adjustments | This column is included for consistency with the equivalent Oracle Assets reports. Life and Salvage value adjustments are not reflected in this column. Such adjustments are included within the period depreciation charge as an amalgamated figure and shown in the Depreciation column. |
| Retirements | The change to the backlog accumulated depreciation reserve due to a retirement taking place within the period range. Retirements are the sum of backlog-accumulated depreciation that is to be transferred to the Gain and Loss account. If a reinstatement is processed, the backlog accumulated depreciation revaluation to the date of original retirement is included in the retirement column as a cancellation of a retirement. |
| Revaluation | Displays revaluation of prior year accumulated depreciation. This is the impact of the occasional revaluation process on the backlog account. |
| Reclasses | The change to the backlog accumulated depreciation reserve due to a reclassification of the asset, taking place within the period range. Reclassification is the sum of the backlog accumulated depreciation impact from reclassification transactions. Same index; This is a simple transfer between different accounts, not cost centers, of backlog accumulated depreciation. Different index; This is the net of the following: Negation of the old category backlog accumulated depreciation. Rebuild of the new category backlog accumulated depreciation. |
| Transfers | The change to the backlog accumulated depreciation reserve due to a transfer of the asset, taking place within the period range. |
| Ending Balance | The backlog account balance for asset number at the end of the requested period range. |
| Column Heading | Description |
|---|---|
| Cost Center | cost center |
| Balance Type | balance type; historic or inflation accounting for assets balances revalued |
| Beginning Balance | The backlog account balance for each backlog account and cost center at the beginning of the requested period range. Beginning Balance is the sum of Backlog Accumulated Depreciation at the beginning of the period range. |
| Additions | This column is included for consistency with the Inflation Accounting for Assets Reserve Summary report. Additions are included within the depreciation charge. |
| Depreciation | The change to the backlog accumulated depreciation reserve account resulting from revaluation of prior year accumulated depreciation that was calculated during the period range. |
| Adjustments | This column is included for consistency with the equivalent Oracle Assets reports. Life and Salvage value adjustments are not reflected in this column. Such adjustments are included within the period depreciation charge as an amalgamated figure and shown in the Depreciation column. |
| Retirements | The change to the backlog accumulated depreciation reserve due to a retirement taking place within the period range. Retirements are the sum of backlog-accumulated depreciation that is to be transferred to the Gain and Loss account. If a reinstatement is processed, the backlog accumulated depreciation revaluation to the date of original retirement is included in the retirement column as a cancellation of a retirement. |
| Revaluation | Displays revaluation of prior year accumulated depreciation. This is the impact of the occasional revaluation process on the backlog account. |
| Reclasses | The change to the backlog accumulated depreciation reserve due to a reclassification of the asset, taking place within the period range. Reclassification is the sum of the backlog accumulated depreciation impact from reclassification transactions. Same index; This is a simple transfer between different accounts, not cost centers, of backlog accumulated depreciation. Different index; This is the net of the following: Negation of the old category backlog accumulated depreciation. Rebuild of the new category backlog accumulated depreciation. |
| Transfers | The change to the backlog accumulated depreciation reserve due to a transfer of the asset, taking place within the period range. |
| Ending Balance | The backlog account balance for cost center at the end of the requested period range. |
| Column Name | Description |
|---|---|
| Asset Number | asset number |
| Balance Type | balance type; historic or inflation accounting for asset balances revalued |
| Beginning Balance | The asset account balance for each asset account and cost center at the beginning of the requested period range. The balance is the sum of the Inflation Accounting for Assets asset cost and Inflation Accounting for Assets revaluation at the beginning of the period range. |
| Additions | The total asset cost for current period asset additions as well as asset cost revaluation for prior period additions entered during the range of periods. |
| Adjustments | The sum of cost adjustments entered either via the Asset Workbench or the Prepare Mass Additions windows. |
| Retirements | The sum of revalued cost which is transferred to the Gain & Loss account. If an asset is reinstated, the revalued cost amount is included in the Retirement column. It is a reduction of the normal retirement value in this column and will cause the total asset cost value to increase. |
| Revaluation | The sum of cost revaluations generated from the Occasional Revaluation process. |
| Reclasses | The sum of cost reclassification transactions. |
| Transfer | The sum of cost transfer transactions. |
| Ending Balance | The balance carried forward at the end of the period range. The sum of asset cost and the Inflation Accounting for Assets revaluation at the end of the period range. |
| Column Name | Description |
|---|---|
| Cost Center | cost center |
| Balance Type | balance type; historic or inflation accounting for assets balances revalued |
| Beginning Balance | The asset account balance for each asset account and cost center at the beginning of the requested period range. The balance is the sum of the Inflation Accounting for Assets asset cost and Inflation Accounting for Assets revaluation at the beginning of the period range. |
| Additions | The total asset cost for current period asset additions as well as asset cost revaluation for prior period additions entered during the range of periods. |
| Adjustments | The sum of cost adjustments entered either via the Asset Workbench or the Prepare Mass Additions windows. |
| Retirements | The sum of revalued cost which is transferred to the Gain & Loss account. If an asset is reinstated, the revalued cost amount is included in the Retirement column. It is a reduction of the normal retirement value in this column and will cause the total asset cost value to increase. |
| Revaluation | The sum of cost revaluations generated from the Occasional Revaluation process. |
| Reclasses | The sum of cost reclassification transactions. |
| Transfer | The sum of cost transfer transactions. |
| Ending Balance | The balance carried forward at the end of the period range. The sum of asset cost and the Inflation Accounting for Assets revaluation at the end of the period range. |
| Column Name | Description |
|---|---|
| Asset Number | asset number |
| Balance Type | balance type; historic or inflation accounting for assets balances revalued |
| Beginning Balance | The asset account balance for each reserve account and cost center at the beginning of the requested period range. Beginning Balance is the sum of Accumulated Depreciation, broken down into its historic and Inflation Accounting for Assets depreciation revaluation elements at the beginning of the period range. |
| Additions | This column is always blank. It is included for consistency with the equivalent Oracle Assets reports. |
| Depreciation | The change to the depreciation reserve account resulting from Inflation Accounting for Assets revaluation of depreciation expense calculated during the period range. Depreciation expense revaluation generated by the prior period additions catch-up program is also included. |
| Adjustments | This column is included for consistency with the equivalent Oracle Asset reports. Life and Salvage value adjustments are not reflected in this column. Such adjustments are included within the period depreciation charge as an amalgamated figure and shown in the Depreciation column, following the same approach as the standard Oracle Assets Reserve Report. |
| Retirements | This change to the depreciation reserve is due to a retirement taking place within the period range. Retirements are the sum of depreciation revaluation, which is to be transferred to the Gain and Loss account. If a prior period retirement is processed involving a roll back of depreciation revaluation expense, this rollback amount will be included in the retirement column as a reduction of the depreciation element of the transfer to the Gain or Loss account. If a reinstatement is processed, the accumulated depreciation revaluation, backlog and expense, to the date of original retirement is included in the retirement column as a cancellation of a retirement. Any reinstatement catch-up revaluation depreciation expense that relates to the period from the date of retirement to the date of reinstatement should appear in the depreciation column. |
| Revaluation | Displays revaluation of current year-to-date depreciation. This is the impact from the occasional revaluation process. |
| Reclasses | This change to the depreciation reserve is due to a reclassification of the asset, taking place within the period range. Reclassifications are the sum of the depreciation impact from reclassification transactions. Same index; This is a simple transfer between different accounts, not cost centers of Accumulated Depreciation broken down into its historic and Inflation Accounting for Assets depreciation revaluation. Different index; This is the net of the following: Negation of the old category Accumulated Depreciation, broken down into its historic and Inflation Accounting for Assets depreciation revaluation. Rebuild of the new category Accumulated Depreciation, broken down into its historic and Inflation Accounting for Assets depreciation revaluation. Transfer of the negation of the old category Year-To-Date depreciation expense revaluation. |
| Transfers | This change to the depreciation reserve is due to a transfer of the asset, taking place within the period range. Transfers are the sum of transfer transactions in respect of the Accumulated Depreciation, broken down into its historic and Inflation Accounting for Assets depreciation revaluation. |
| Ending Balance | The asset account balance for each reserve account and cost center at the end of the requested period range. The balance carried forward is the sum of Accumulated Depreciation, broken down into its historic and Inflation Accounting for Assets depreciation revaluation elements at the end of the period range. |
| Column Name | Description |
|---|---|
| Cost Center | cost center |
| Balance Type | balance type; historic or inflation accounting for assets balances revalued |
| Beginning Balance | The asset account balance for each reserve account and cost center at the beginning of the requested period range. Beginning Balance is the sum of Accumulated Depreciation, broken down into its historic and Inflation Accounting for Assets depreciation revaluation elements at the beginning of the period range. |
| Additions | This column is always blank. It is included for consistency with the equivalent Oracle Assets reports. |
| Depreciation | The change to the depreciation reserve account resulting from Inflation Accounting for Assets revaluation of depreciation expense calculated during the period range. Depreciation expense revaluation generated by the prior period additions catch-up program is also included. |
| Adjustments | This column is included for consistency with the equivalent Oracle Asset reports. Life and Salvage value adjustments are not reflected in this column. Such adjustments are included within the period depreciation charge as an amalgamated figure and shown in the Depreciation column, following the same approach as the standard Oracle Assets Reserve Report. |
| Retirements | This change to the depreciation reserve is due to a retirement taking place within the period range. Retirements are the sum of depreciation revaluation, which is to be transferred to the Gain and Loss account. If a prior period retirement is processed involving a roll back of depreciation revaluation expense, this rollback amount will be included in the retirement column as a reduction of the depreciation element of the transfer to the Gain or Loss account. If a reinstatement is processed, the accumulated depreciation revaluation, backlog and expense, to the date of original retirement is included in the retirement column as a cancellation of a retirement. Any reinstatement catch-up revaluation depreciation expense that relates to the period from the date of retirement to the date of reinstatement should appear in the depreciation column. |
| Revaluation | Displays revaluation of current year-to-date depreciation. This is the impact from the occasional revaluation process. |
| Reclasses | This change to the depreciation reserve is due to a reclassification of the asset, taking place within the period range. Reclassifications are the sum of the depreciation impact from reclassification transactions. Same index; This is a simple transfer between different accounts, not cost centers of Accumulated Depreciation broken down into its historic and Inflation Accounting for Assets depreciation revaluation. Different index; This is the net of the following: Negation of the old category Accumulated Depreciation, broken down into its historic and Inflation Accounting for Assets depreciation revaluation. Rebuild of the new category Accumulated Depreciation, broken down into its historic and Inflation Accounting for Assets depreciation revaluation. Transfer of the negation of the old category Year-To-Date depreciation expense revaluation. |
| Transfers | This change to the depreciation reserve is due to a transfer of the asset, taking place within the period range. Transfers are the sum of transfer transactions in respect of the Accumulated Depreciation, broken down into its historic and Inflation Accounting for Assets depreciation revaluation. |
| Ending Balance | The asset account balance for each reserve account and cost center at the end of the requested period range. The balance carried forward is the sum of Accumulated Depreciation, broken down into its historic and Inflation Accounting for Assets depreciation revaluation elements at the end of the period range. |
| Column Heading | Description |
|---|---|
| Asset Number | asset number |
| Balance Type | balance type; historic or inflation accounting for assets balances revalued |
| Additions | Additions is the total impact on the Operating Account from prior period and prior year additions entered during the range of periods. |
| Adjustments | Shows the movement due to the revaluation of the cost element of cost adjustments. The depreciation elements of cost adjustments and Life and Salvage value adjustments are shown within the Revaluation column. |
| Revaluation | Displays revaluation of prior year depreciation and revaluation of cost. |
| Reclasses | The change to the operating account amounts due to a reclassification of the asset taking place within the period range. |
| Transfers | The change to the operating account amounts due to a transfer of the asset taking place within the period range |
| Total Movements | The total of movements which is the total of the Additions, Adjustments, Revaluation, Reclasses, and Transfers columns for each operating account and cost center for the requested period range. |
| Column Heading | Description |
|---|---|
| Cost Center | cost center |
| Balance Type | balance type; historic or inflation accounting for assets balances revalued |
| Additions | Additions is the total impact on the Operating Account from prior period and prior year additions entered during the range of periods. |
| Adjustments | Shows the movement due to the revaluation of the cost element of cost adjustments. The depreciation elements of cost adjustments and Life and Salvage value adjustments are shown within the Revaluation column. |
| Revaluation | Displays revaluation of prior year depreciation and revaluation of cost. |
| Reclasses | The change to the operating account amounts due to a reclassification of the asset taking place within the period range. |
| Transfers | The change to the operating account amounts due to a transfer of the asset taking place within the period range |
| Total Movements | The total of movements which is the total of the Additions, Adjustments, Revaluation, Reclasses, and Transfers columns for each operating account and cost center for the requested period range. |
| Column Name | Description |
|---|---|
| Asset Number | asset number |
| Balance Type | balance type; historic or inflation accounting for assets balances revalued |
| Beginning Balance | The asset account balance for each revaluation reserve account and cost center at the beginning of the requested period range. |
| Additions | Additions is the total impact on the revaluation reserve from prior period and prior year additions entered during the range of periods. |
| Adjustments | Shows the movement due to the revaluation of the cost element of cost adjustments. The depreciation elements of cost adjustments and Life and Salvage value adjustments are shown in the Revaluation column. |
| Retirements | A change to the revaluation reserve account can occur due to a retirement taking place within the period range. Retirements are the sum of revaluation reserve that is transferred to the revaluation reserve retired account. If an asset is reinstated, the general fund calculation to the point of retirement is shown in the Retirement column as a cancellation and the calculation from retirement date to reinstatement date is shown in the Retirement column under General Fund. |
| Revaluation | This column displays the revaluation of periodic depreciation, revaluation of prior year depreciation, and revaluation of cost. |
| Reclasses | A change to the revaluation reserve can occur due to a reclassification of the asset taking place within the period range. Same index; This is a simple transfer between different accounts, not cost centers, of Revaluation Reserve broken down into its cost, general fund and backlog elements. Different index; This is the net of the following: Negation of the old category Revaluation Reserve movements broken down into its cost, general fund, and backlog elements. Rebuild of the new category Revaluation Reserve movements broken down into its cost, general fund, and backlog elements. |
| Transfers | A change to the revaluation reserve can occur due to a transfer of the asset taking place within the period range. |
| Ending Balance | The asset account balance for each revaluation reserve account and cost center at the end of the requested period range. |
| Column Name | Description |
|---|---|
| Cost Center | cost center |
| Balance Type | balance type; historic or inflation accounting for assets balances revalued |
| Beginning Balance | The asset account balance for each revaluation reserve account and cost center at the beginning of the requested period range. |
| Additions | Additions is the total impact on the revaluation reserve from prior period and prior year additions entered during the range of periods. |
| Adjustments | Shows the movement due to the revaluation of the cost element of cost adjustments. The depreciation elements of cost adjustments and Life and Salvage value adjustments are shown in the Revaluation column. |
| Retirements | A change to the revaluation reserve account can occur due to a retirement taking place within the period range. Retirements are the sum of revaluation reserve that is transferred to the revaluation reserve retired account. If an asset is reinstated, the general fund calculation to the point of retirement is shown in the Retirement column as a cancellation and the calculation from retirement date to reinstatement date is shown in the Retirement column under General Fund. |
| Revaluation | This column displays the revaluation of periodic depreciation, revaluation of prior year depreciation, and revaluation of cost. |
| Reclasses | A change to the revaluation reserve can occur due to a reclassification of the asset taking place within the period range. Same index; This is a simple transfer between different accounts, not cost centers, of Revaluation Reserve broken down into its cost, general fund and backlog elements. Different index; This is the net of the following: Negation of the old category Revaluation Reserve movements broken down into its cost, general fund, and backlog elements. Rebuild of the new category Revaluation Reserve movements broken down into its cost, general fund, and backlog elements. |
| Transfers | A change to the revaluation reserve can occur due to a transfer of the asset taking place within the period range. |
| Ending Balance | The asset account balance for each revaluation reserve account and cost center at the end of the requested period range. |
To run the RXi Asset Balance Summary Report set, perform the following steps.
Navigate to the Submit Request window as follows:
OPSF(I) Inflation Accounting - Reports
Select the Single Request radio button.
In the Name field, select RXi Asset Balance Summary Report Set from the list of values.
In the Report Name 1 field, select a summary report from the list of values. The following summary reports are available:
Asset Balance Depreciation Summary Report
Asset Balance Operating Expense Summary Report
Asset Balance Revaluation Reserve Summary Report
Asset Balance Summary Report
In the Attribute Set 1 for Report 1 field, select an attribute set for the selected report from the list of values.
Optionally, repeat step 5 in the Report Name 2, Report Name 3, and Report Name 4 fields to select as many of the Asset Balance Summary Report set as required, and repeat step 6 to associate attribute sets with each selected report.
In the Output Format field, select a report output format from the list of values.
In the Book Name field, select an asset book from the list of values.
In the Period field, select a period from the list of values.
Place the cursor in the Category field.
Optionally, in the Major Category field, select a major asset category from the list of values.
Optionally, in the Minor Category field, select a subsidiary asset category from the list of values.
To close the Category Flexfield pop-up window, click OK.
Optionally, enter the cost center range to be included in the reports.
Click OK.
Note: As steps 11 to 16 are not mandatory, users can click Cancel at any time to close the pop-up dialog boxes.
To apply the parameters, click OK.
To send the request to the concurrent manager, click Submit.
To submit another request, click Yes, or to continue click No.
View the request in the concurrent manager as follows:
View - Requests
To run the RXi Asset Balance Detail Reports set, perform the following steps.
Navigate to the Submit Request window as follows:
OPSF(I) Inflation Accounting - Reports
Select the Single Request radio button.
In the Name field, select RXi Asset Balance Detail Reports Set from the list of values.
In the Report Name 1 field, select a detail report from the list of values. The following summary reports are available:
Asset Balance Depreciation Detail Report
Asset Balance Detail Report
Asset Balance Operating Expense Detail Report
Asset Balance Revaluation Reserve Detail Report
In the Attribute Set 1 for Report 1 field, select an attribute set for the selected report from the list of values.
Optionally, repeat step 5 in the Report Name 2, Report Name 3, and Report Name 4 fields to select as many of the Asset Balance Summary Report set as required, and repeat step 6 to associate attribute sets with each selected report.
In the Output Format field, select a report output format from the list of values.
In the Book Name field, select an asset book from the list of values.
In the Period field, select a period from the list of values.
Place the cursor in the Category field.
Optionally, in the Major Category field, select a major asset category from the list of values.
Optionally, in the Minor Category field, select a subsidiary asset category from the list of values.
To close the Category Flexfield pop-up window, click OK.
Optionally, enter the cost center range to be included in the reports.
Click OK.
Optionally, in the From Asset field, select the lower end of the asset number range to be included in the reports.
Optionally, in the To Asset field, select the upper end of the asset number range to be included in the reports.
Note: As steps 11 to 18 are not mandatory, users can click Cancel at any time to close the pop-up dialog boxes.
To apply the parameters, click OK.
To send the request to the concurrent manager, click Submit.
To submit another request, click Yes, or to continue click No.
View the request in the concurrent manager as follows:
View - Requests
To run the Inflation Accounting: Adjustments Report, perform the following steps.
Navigate to the Submit Request window as follows:
OPSF(I) Inflation Accounting - Reports
Select the Single Request radio button.
In the Name field, select Inflation Accounting: Adjustments Report from the list of values.
In the Book field, select the required inflation accounting book from the list of values.
In the Period From field, select the required starting period from the list of values.
In the Period To field, select the required end period from the list of values.
Select a major category from the list of values.
Select a minor category from the list of values and click OK.
Optionally, in the Transaction Type field, select a transaction type from the list of values.
Note: Leaving the Transaction Type field blank runs the report on all transaction types.
To apply the parameters, click OK.
To send the request to the concurrent manager, click Submit.
To submit another request, click Yes, or to continue click No.
View the request in the concurrent manager as follows:
View - Requests
To run the Inflation Accounting: Transfer to GL program:
Navigate to the Submit Request window as follows:
OPSF(I) Inflation Accounting - Reports
Select the Single Request radio button.
In the Name field, select Inflation Accounting: Transfer to GL program from the list of values.
In the Book field, select the required inflation accounting book from the list of values.
In the Period Name field, select a period name from the list of values.
In the Import Journals field, select Yes to import journals.
In the Summarize Journal Entries field, select No for no summarization, Summarize on Journal Category to summarize by journal categories, or Summarize on Transaction Type to summarize by transaction type.
To apply the parameters, click OK.
To send the request to the concurrent manager, click Submit.
To submit another request, click Yes, or to continue click No.
View the request in the concurrent manager as follows:
View - Requests