32 Hrs
4177+ Enrollments
R12.x Oracle Asset Management Fundamentals
The R12.x Oracle Asset Management Fundamentals course is a comprehensive program that covers everything you need to know to get started with Oracle E-Business Suite's Asset Management module. This course will teach you how to set up asset books, add and retire assets, and run reports to track the financial performance of your assets.
R12.x Oracle Asset Management Fundamentals
Overview of Course
The R12.x Oracle Asset Management Fundamentals course teaches you how to set up, use, and maintain the Asset Management module in Oracle E-Business Suite. This course is ideal for professionals who want to improve their asset management skills and gain hands-on experience in managing fixed assets using Oracle.
Course Highlights
Asset Book Setup and Management
Asset Additions, Transfers, and Retirements
Depreciation and Reclassification
Key Differentiators
Personalized Learning with Custom Curriculum
Training curriculum to meet the unique needs of each individual
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Flexible Schedule & Delivery
Choose between virtual/offline with Weekend options
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World Class Learning Infrastructure
Our learning platform provides leading virtual training labs & instances
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Enterprise Grade Data Protection
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Real-world Projects
We work with experts to curate real business scenarios as training projects
Skills You’ll Learn
How to manage fixed assets using Oracle E-Business Suite
How to set up asset books, add, transfer and retire assets
How to calculate depreciation and reclassify assets
How to maintain and insure assets
How to generate asset reports and inquiries
Training Options
1-on-1 Training
Access to live online classes- Flexible schedule including weekends
- Hands-on exercises with virtual labs
- Session recordings and learning courseware included
- 24X7 learner support and assistance
- Book a free demo before you commit!
Corporate Training
- Everything in 1-on-1 Training plus
- Custom Curriculum
- Extended access to virtual labs
- Detailed reporting of every candidate
- Projects and assessments
- Consulting Support
- Training aligned to business outcomes
Unlock Organizational Success through Effective Corporate Training: Enhance Employee Skills and Adaptability- Choose customized training to address specific business challenges and goals, which leads to better outcomes and success.
- Keep employees up-to-date with changing industry trends and advancements.
- Adapt to new technologies & processes and increase efficiency and profitability.
- Improve employee morale, job satisfaction, and retention rates.
- Reduce employee turnovers and associated costs, such as recruitment and onboarding expenses.
- Obtain long-term organizational growth and success.
Course Reviews
Curriculum
- E-Business Suite Integration
- Implementation Considerations for Oracle Financials
- Oracle Assets Setup Steps
- Implementing Oracle Assets
- Adding Assets Manually
- Mass Asset Additions
- Acquire and Build CIP Assets
- Reconciling Data in Oracle Assets
- Oracle Assets Setup Steps
- Setup Steps Flow
- Setting Up Key Flexfields
- Location Key Flexfield
- Creating Key Flexfield Combinations
- Specifying System Controls
- Setting Up Asset Calendars
- Maintaining an Audit Trail
- Asset Books Regions
- Calendar Region
- Accounting Rules Region
- Organizations and Security by Book
- Security by Book Setup Steps
- Troubleshooting Security by Book
- Implementation Considerations for Security by Book
- Asset Categories Positioning
- Asset Categories Regions
- Asset Categories Setup
- Asset Life Cycle
- Adding Assets Manually
- Detailed Asset Additions
- Asset Cost Terminology
- Accumulated Depreciation Considerations
- Manual Asset Additions Journal Entries
- Group Depreciation
- Set Up Group Assets
- Mass Asset Additions Process
- Using the Mass Additions Interface Table
- Tracking Expensed Items in Oracle Assets
- Changing Asset Information
- Accounting for Cost Adjustments
- Purge Mass Additions
- Creating Assets Using Web ADI
Adding and Capitalizing a CIP Asset
Acquire and Build CIP Assets
Automatically Adding CIP Assets to Tax Books
Modifying the Cost of CIP Assets
Recording a CIP Asset Addition
Capitalizing a CIP Asset
Reversing a Capitalized Asset
CIP Assets and Oracle Projects
- Single Asset Reclassification
- Mass Reclassification
- Inheriting Depreciation Rules
- Choosing to Expense or Amortize Depreciation Adjustments
- Amortizing Adjustments Using a Retroactive Start Date
- Asset Revaluation
- Performing Physical Inventory
- Physical Inventory Reconciliation
- Elements of Depreciation
- Depreciation Setup Areas
- Basic Depreciation Calculation
- Depreciation Methods
- Entering Production Information
- Prorate Conventions
- Run Depreciation Process
- Depreciation Forecasts
- Tracking Asset Retirements
- Overview of Retiring an Asset
- Restrictions on Retirements and Reinstatements
- Reinstating Retired Assets
- Retirement Processing Flow
- Recording Retirements
- Retirement Reports
- Calculating Gains and Losses
- Setting Up Asset Accounting
- Oracle Subledger Accounting
- Assets Journal Entries Flow
- Reconciling Data in Oracle Assets
- Generating Reports to Reconcile to the General Ledger
- Reconciling Asset Cost Accounts
- Reconciling Mass Additions
- Viewing Asset Information Online
- Types of Asset Inquiries
- Asset Inquiry Options
- iAssets Search for Assets
- iAssets Setup Steps
- iAssets Setup Steps-Rules
- iAssets Setup Steps-Profile Options
- Oracle Assets Reporting
- Creating a Tax Book
- Prerequisites for Setting Up Tax Book Asset Categories
- Entering Information in Tax Books
- Updating a Tax Book Manually
- Tax Book Upload Interface
- Deferred Depreciation
- Adjusting Accumulated Depreciation
- General Tax Reports
Meet the instructor and learn about the course content and teaching style.- Make informed decisions about whether to enroll in the course or not.
- Get a perspective with a glimpse of what the learning process entails.
Description
Target Audience:
- Accounting and Finance Professionals
- Asset Management Professionals
- Oracle E-Business Suite End Users
- IT Professionals
Prerequisite:
- Basic understanding of Oracle E-Business Suite
- Basic accounting knowledge
Benefits of the course:
- Gain expertise in managing fixed assets using Oracle E-Business Suite
- Enhance your career prospects with a valuable skillset
- Hands-on experience in working with Asset Management module
- Interactive training with experienced instructors
- Course completion certificate from Skillzcafe
Exam details to pass the course:
- There is no exam to pass this course.
- However, participants are required to complete all the course modules and attend all the sessions to receive a course completion certificate.
Certification path:
- To become an Oracle Certified Associate (OCA) in Oracle E-Business Suite Financials, you need to pass the Oracle Asset Management Fundamentals exam (1Z0-521).
Career options:
- Oracle E-Business Suite Asset Management Consultant
- Fixed Asset Accountant
- Asset Management Analyst
Why should you take this course from Skillzcafe:
Experienced and certified trainers- Interactive and engaging training sessions
- Hands-on training with real-world scenarios
- Flexible learning options
- Affordable course fees
FAQs
The R12.x Oracle Asset Management Fundamentals course is a 4-day program.
Yes, this course is available online with instructor-led training sessions.
No, all the software required for this course will be provided by Skillzcafe.
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