Fixed Assets - Asset Balances Real Time

Description

Summarizes information on various activities such as additions, adjustments, retirements, reclassification, transfer, revaluation, depreciation on during a period and helps to reconcile the balance with General Ledger.

Business Questions

This subject area can answer the following business questions:

• What is the reserve account balance for a specific asset or asset book or period?

• What is the cost account balance for a specific asset or asset book or period?

• What is the ending balance for an asset by verifying the activities that happened in a period?

Job Roles

The following job roles secure access to this subject area:

• Asset Accountant

• Asset Accounting Manager

Duty Roles

The following duty roles secure access to this subject area:

• Fixed Depreciation Transaction Analysis Duty

Primary Navigation

Home > Fixed Assets > Asset Inquiry > Assets tab

Time Reporting

This subject area supports fixed assets balances history.

Time dimension is linked to Asset Depreciation Period Name.

Transactional Grain

This subject area returns data at the grain of asset transaction distribution line (FA_BALANCES_EXTRACT). To enhance the query performance, asset account balances (both transaction and depreciation) data has been denormalized and extracted into the extract table FA_BALANCES_EXTRACT. You must run the Extract Asset Reporting Data ESS job to populate this extract table before using OTBI reports.

Note that Fusion Financials data security may further restrict the data being returned in OTBI as OTBI uses the same data security as Oracle Fusion Financials.

Special Considerations

None.