Asset Entry in Oracle Fixed Assets

Make an asset entry in Fixed Assets. You must complete the previous setups before you input the assets.

Asset Header Level GDF

Follow these steps:

1. Navigate to Fixed Assets Additions and select Add Asset.
2. Search for and select Create Transaction.
3. Create a new asset:
   • Asset Usage records the asset usage status code for the asset such as In Use, Not In Use, and Seasonal Deactivation. The data entered for the value appears on the Fixed Assets data export report output.
     Note: If you do not input data in the GDF section, the asset usage doesn't appear on the report.
   • Asset Unit of Measure records the unit of measure for the asset, for example meter. The data entered for the value appears on the Fixed Assets data export report output.
     Note: If you do not input data in the GDF section, the asset unit of measure doesn't appear on the report.

All the asset transactions should be accounted and posted to GL. The report only shows transactions that are accounted and posted in GL.