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Oracle E-Business Suite 12 Financials Cookbook

You're reading from  Oracle E-Business Suite 12 Financials Cookbook

Product type Book
Published in Aug 2011
Publisher Packt
ISBN-13 9781849683104
Pages 384 pages
Edition 1st Edition
Languages
Concepts
Author (1):
Yemi Onigbode Yemi Onigbode
Profile icon Yemi Onigbode
LinkedIn
Yemi has over a decade of experience in ERP systems development and maintenance. He has progressed from the early days of the IBM mainframe-based systems to the present day of web-based distributed systems. He has worked with large multinational consulting firms including Oracle Corporation, Accenture, Deloitte, Fujitsu Consulting, IBM, Sun Microsystems, and CSC. Yemi is a hybrid techno-functional expert. He is a hands-on Project Manager, Business Architect and Instructor, specialized mainly in Financials, Human Resources, and Supply Chain models. He has assisted a number of businesses to find solutions to complex business issues using various technologies. Yemi is also a keen believer in self-development and research; he is at par with the current developments in the IT and communications industry. He is currently developing and implementing e-business solutions for large and medium sized companies, fully integrating their business applications with the Internet and providing a totally integrated solution. He has been developing in Java since 1996 and implementing Oracle Applications since 1997. Yemi is an Oracle Financials Certified Trainer, Sun Certified Instructor, and a Fellow of the Association of Chartered Certified Accountants. He has a Bachelor of Science (Honors) degree in Pure and Applied Mathematics. Yemi is also a technical writer on Accountancy and IT issues, and presents at Accounting and IT seminars. He also motivates and mentors young adults on career management and planning. In his spare time Yemi loves to write and play musical instruments.
See other products by Yemi Onigbode

Table of Contents (15) Chapters

Oracle E-Business Suite 12 Financials Cookbook
Credits
About the Author
About the Reviewer
www.PacktPub.com
1. Preface
1. Creating Items in Inventory 2. Purchasing Items in Procurement 3. Paying Supplier Invoices in Payables 4. Managing Assets 5. Selling Items to Customers in Order Management 6. Receiving Funds in Receivables 7. Managing Cash 8. Defining Transactions for the General Ledger 9. End of Period Processing

Adjusting assets

Assets may need to be adjusted for a number of reasons, for example:

  • The wrong category may be applied to an asset

  • An asset may change location

  • An asset may need to be reallocated to an employee

  • The number of units of an asset may need to readjusted

  • The value of an asset may change due to economic reasons

When assets are added from Oracle Payables, the default number of units per line is 1 unit. You can change the number of units in Oracle Assets. Once we change the number of units, we need to change the assignments to the assets.

In this recipe, we will adjust the number of units from 1 to 5 units for asset number 109924.

Getting ready

Log in to Oracle E-Business Suite R12 with the username and password assigned to you by the System Administrator. If you are working on the Vision demonstration database, you can use OPERATIONS/WELCOME as the USERNAME/PASSWORD.

We also need to have assets already created in the Assets Workbench.

How to do it...

Let's list the steps required to adjust...

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Authors (1)

Profile icon Yemi Onigbode
LinkedIn
Yemi has over a decade of experience in ERP systems development and maintenance. He has progressed from the early days of the IBM mainframe-based systems to the present day of web-based distributed systems. He has worked with large multinational consulting firms including Oracle Corporation, Accenture, Deloitte, Fujitsu Consulting, IBM, Sun Microsystems, and CSC. Yemi is a hybrid techno-functional expert. He is a hands-on Project Manager, Business Architect and Instructor, specialized mainly in Financials, Human Resources, and Supply Chain models. He has assisted a number of businesses to find solutions to complex business issues using various technologies. Yemi is also a keen believer in self-development and research; he is at par with the current developments in the IT and communications industry. He is currently developing and implementing e-business solutions for large and medium sized companies, fully integrating their business applications with the Internet and providing a totally integrated solution. He has been developing in Java since 1996 and implementing Oracle Applications since 1997. Yemi is an Oracle Financials Certified Trainer, Sun Certified Instructor, and a Fellow of the Association of Chartered Certified Accountants. He has a Bachelor of Science (Honors) degree in Pure and Applied Mathematics. Yemi is also a technical writer on Accountancy and IT issues, and presents at Accounting and IT seminars. He also motivates and mentors young adults on career management and planning. In his spare time Yemi loves to write and play musical instruments.
Read more
See other products by Yemi Onigbode

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