EAM Setup (Enterprise Asset Management )on Oracle EBS R12

By -

 Setting up Enterprise Asset Management (EAM) in Oracle E-Business Suite (EBS) R12.3 involves several configuration and master data setup steps. Here's a step-by-step guide to set up EAM in Oracle EBS R12.3:


Step 1: Enable Enterprise Asset Management


Navigation: Responsibility "System Administrator" > Profile

Set the profile option "INV: Asset Tracking" to "Yes" to enable Enterprise Asset Management functionality.


Step 2: Define Asset Categories


Navigation: Assets > Asset Categories

Define asset categories based on your organization's asset classification requirements (e.g., Buildings, Machinery, Vehicles).


Step 3: Define Asset Key Flexfield Structure


Navigation: Setup > Flexfields > Key > Segments

Define the structure of the Asset Key Flexfield to capture unique asset identifiers.


Step 4: Define Asset Key Flexfield Values


Navigation: Assets > Asset Workbench

Define asset key flexfield values by creating asset records for each asset with unique identifiers.


Step 5: Define Asset Location Flexfield Structure


Navigation: Setup > Flexfields > Key > Segments

Define the structure of the Location Flexfield to capture asset location information.


Step 6: Define Asset Location Flexfield Values


Navigation: Assets > Asset Workbench

Define asset location flexfield values by creating location records for each asset.


Step 7: Set Up Depreciation Calendar


Navigation: Assets > Calendar

Define the depreciation calendar to determine the default depreciation period and prorate convention.


Step 8: Define Depreciation Methods


Navigation: Assets > Depreciation > Methods

Create depreciation methods based on your organization's depreciation policies (e.g., Straight Line, Declining Balance).


Step 9: Define Asset Books


Navigation: Assets > Books

Create asset books to track assets with different accounting rules (e.g., corporate, tax, reporting).


Step 10: Assign Asset Categories to Asset Books


Navigation: Assets > Asset Categories

Assign asset categories to the appropriate asset books to determine the depreciation rules for each category in each book.


Step 11: Set Up Mass Additions


Navigation: Assets > Mass Additions

Import asset data into the Mass Additions interface and validate the data.


Step 12: Review and Validate Mass Additions


Navigation: Assets > Mass Additions

Review and validate the imported asset data before adding assets.


Step 13: Add Assets


Navigation: Assets > Asset Workbench

Add assets from the validated mass additions.


Step 14: Perform Asset Adjustments (if needed)


Navigation: Assets > Asset Workbench

Perform adjustments to asset costs, depreciation, or other attributes if necessary.


Step 15: Perform Asset Transfers (if needed)


Navigation: Assets > Asset Workbench

Transfer assets between locations or departments if required.


Step 16: Perform Asset Retirements (if needed)


Navigation: Assets > Asset Workbench

Retire assets from the books if they are no longer in use.


Step 17: Run Depreciation


Navigation: Assets > Depreciation > Calculate > Depreciation

Run depreciation to calculate asset depreciation for the defined period.


Step 18: Review Asset Reports


Navigation: Assets > Asset Workbench

Use various asset accounting reports to analyze asset values, depreciation, and other asset-related information.


Comments

Post a Comment

Popular posts from this blog

Oracle DBA Queries

By -
 Useful Queries for Checking Concurrent Requests and Programs  Hi DBAs, As an Apps DBA we have to monitor the Concurrent jobs status and details frequently,This can be done with the help of the below queries. -- Concurrent Program Queries for Apps DBA: -- Query 1:For checking the locks in concurrent jobs  SELECT DECODE(request,0,'Holder: ','Waiter: ')||sid sess,inst_id,id1, id2, lmode, request, type FROM gV$LOCK  WHERE (id1, id2, type) IN (SELECT id1, id2, type FROM gV$LOCK WHERE request>0) ORDER BY id1,request; -- Query 2:For checking the concurrent programs running currently with Details of Processed time-- and Start Date  SELECT DISTINCT c.USER_CONCURRENT_PROGRAM_NAME,round(((sysdate-a.actual_start_date)*24*60*60/60),2) AS Process_time,  a.request_id,a.parent_request_id,a.request_date,a.actual_start_date,a.actual_completion_date,(a.actual_completion_date-a.request_date)*24*60*60 AS end_to_end,  (a.actual_start_date-a.request_date)*24*60*60 AS lag...
Read more

Setup of BOM (Bill of Material) on Oracle EBS R12

By -
Setting up Bill of Material (BOM) in Oracle E-Business Suite (EBS) R12.3 involves several configuration and master data setup steps. Here's a step-by-step guide to set up BOM in Oracle EBS R12.3: Step 1: Define BOM Parameters Navigation: Bills of Material > Setup > Parameters Define BOM parameters, such as the default BOM type, effective date, and organization. Step 2: Define BOM Item Attributes Navigation: Bills of Material > Setup > Attributes Define BOM item attributes, such as item categories and planning attributes. Step 3: Define BOM Structures Navigation: Bills of Material > Setup > BOM Structures Define BOM structures to represent different types of BOMs (e.g., Engineering, Production). Step 4: Create Bill of Material (BOM) Navigation: Bills of Material > Engineer > Bills > Bills Create the BOM by entering the header data (e.g., assembly item, BOM type) and adding the components along with their quantities and item attributes. Step 5: Define Compo...
Read more

Setup iSupplier in Oracle EBS R12

By -
 Setting up iSupplier Portal in Oracle E-Business Suite (EBS) R12.3 involves configuring the iSupplier module to enable self-service supplier management and collaboration. Here's a step-by-step guide to set up iSupplier Portal in Oracle EBS R12.3: Step 1: Enable iSupplier Portal Responsibility Navigation: System Administrator > Security > Responsibility > Define Enable the iSupplier Portal responsibility for users who need access to the iSupplier Portal application. Step 2: Define Supplier Registration and Profile Options Navigation: Purchasing > iSupplier Portal > Supplier Profile Options Set up supplier registration and profile options, such as registration attributes, contact information, and supplier types. Step 3: Set Up Supplier Registration Approval (Optional) Navigation: Purchasing > iSupplier Portal > Supplier Registration Approval If using supplier registration approval, configure the approval process and assign approvers. Step 4: Configure Supplier Q...
Read more