Term | Definition |
|---|---|
Oracle Fusion ERP | |
Fixed Assets | tems that a company plans to use in the long term to help generate income. |
Asset Book | Holds the assets, allows access, and supports financial accounting to relevant ledger. |
Project Capital Asset | The cost of asset handling (capitalization/retirement) eventually to be transferred to fixed assets. |
Asset Category | Groups assets by financial information in relevant categories. |
Expense Account | Account where the depreciation expenses get booked. |
Asset Location | Flex field to group and track assets by physical location. |
Project | Enables project managers to effectively oversee their projects, assess progress against predetermined milestones and budgets, staff their projects with appropriate talent, and quickly generate a wide variety of reports. |
Task | A logical breakdown of project work into one or more tasks. |
Oracle Utilities Work and Cloud Service | |
Compatible Unit | Identifies the resources necessary to install or remove assets as they relate to construction work. |
Construction Work Order | A collection of activities involved in performing the actual work at the construction location. |
Construction Work Activity | Specific tasks on the work order that need to be completed for the construction job. |
Activity Reconciliation | Reconciliation of costs and assets occur once the work activities are closed. |
Capital Spare Asset | Asset purchased for inventory. |
Customer Contributed Asset | Asset installed by the customer and transferred to utility. |
Tracked Asset | Asset tracked individually in Oracle Assets and are created or installed through CWM activity. |
Timesheet | Records the time that the labor resources spend working on activities or work orders. |
Rolling Asset | Similar assets grouped together and tracked as a single rolling asset in Oracle Assets. |