You can choose to report assets individually by asset category (detail report), or summarized by asset category.

The Summary report prints separate pages for each asset category with totals for capitalized and CIP cost accounts. There is also a Report Totals page that shows the total for all capitalized assets, CIP assets, and the grand total of the two; a Major Category Summary page that shows a summary of asset category totals, capitalized and CIP; and an Account Summary page that shows the totals for each asset cost account and CIP cost account.

The Detail report prints the same information as the Summary report, plus the financial information (not the number of units) of every asset.

Note the following:

Asset category selection is restricted to the Major Category Segment of the Asset Category Flexfield.

Entries made in the Oracle Assets Transfers window are ignored for this report.

From Release 10.5 onwards, it is possible to transfer Early Payment Discounts that are taken when you pay invoices in Oracle Payables to Oracle Assets using the Oracle Payables Mass Additions functionality. Oracle Payables System options must be set up to allow the transfer. When these discounts are added to an existing asset, the new net cost is reported in the Asset Summary report.

Use the Run Reports window attached to menus accessed via an Oracle Assets responsibility to submit the Asset Summary report to the concurrent manager.