Create a Corporate Book

This example shows how to create a corporate book in Oracle Assets.

Create a Corporate Book

1. Navigate to the Manage Books page.

2. Click the Create icon.

3. On the Create Book page, complete the fields as shown in this table:

   Field	Value
   Name	INF USA CORP
   Description	InFusion USA Corporate Book
   Book Class	Corporate Note: When you define a corporate book, the name of the corporate book you're defining is populated automatically into the Associated Corporate Book field.
   Ledger	InFusion USA PL
   Depreciation Calendar	MTH CAL Note: The Fiscal Year Name is populated automatically.
   Prorate Calendar	MTH CAL
   Current Period	Enter the current month and year.
   Divide Depreciation	Evenly
   Last Depreciation Run	Enter the last date of the previous month.

4. Check the following check boxes:

   • Depreciate if retire in the first year

   • Allow amortized changes

   • Allow cost sign changes

   • Allow ledger posting

5. In the Accounts region, enter the following account information:

   Field	Value
   Enter Account Defaults	101.10.78990.000.000.000
   Net Book Value Retired Gain	78530
   Net Book Value Retired Loss	78540
   Proceeds of Sale Gain	78510
   Proceeds of Sale Loss	78520
   Proceeds of Sale Clearing	15930
   Cost of Removal Gain	78530
   Cost of Removal Loss	78540
   Cost of Removal Clearing	24220
   Deferred Depreciation Expense	68800
   Deferred Depreciation Reserve	16800

6. In the Rules region, Reference Data Groups tab, accept the default Reference Data Set Code for all reference data objects.

7. In the Rules region, Group Rules tab, check all check boxes.

8. Click Save and Close.

9. Click Done.