11 Oracle Fixed Assets

Oracle Fixed Assets is part of Oracle Financials. Oracle Fixed Assets has four main business processes - additions, adjustments, depreciation, and retirements. It provides an effective way to track assets for financial and reporting needs.

This chapter describes the following test flows in Oracle Fixed Assets:

• Asset Addition Adjust Revalue Retire Depreciation Accounting

Prerequisites

None.

Profile Options

None.

Predefined Data

Not applicable.

Setup Data

None.

11.1 Asset Addition Adjust Revalue Retire Depreciation Accounting

This flow creates asset addition, adjusts it, revalues, retires and performs depreciation accounting.

Prerequisites

None.

Profile Options

Not applicable.

Predefined Data

Not applicable.

Setup Data

Not applicable.