Oracle Assets Setup Steps and Guide to Configuring the Application

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Oracle Assets Setup Steps Introduction

The table below shows the tasks to set up the Oracle Assets Application in the order they should be performed. Try not to skip tasks or perform them out of sequence because many tasks use predecessor tasks for data validation, and error messages may occur.

Oracle Assets Setup Steps

The following section lists all the setup tasks for a Oracle Assets implementation and briefly describes each of the task. The tasks should be performed in the order discussed here.

Step No.	Required	Step	Reference
1.	Required	Define Sets of Books	General Ledger
2.	Optional	Define Unit of Measure Classes	Inventory
3.	Optional	Define Units of Measure	Inventory
4.	Optional	Define Employees	HRMS
5.	Optional	Define Descriptive Flexfields	Flexfields
6.	Required	Define Account Generator	Workflow
7.	Required	Define Journal Entry Sources	General Ledger
8.	Required	Define Journal Entry Categories	General Ledger
9.	Optional	Define Supplier / Employee Numbering	Payables
10.	Optional	Define Suppliers	iSupplier
11.	Required	Define Asset Key Flexfield	Assets
12.	Required	Define Asset Category Key Flexfield	Assets
13.	Required	Define Location Key Flexfield	Assets
14.	Required	Define System Controls	Assets
15.	Optional	Define Locations	Assets
16.	Optional	Define Asset Keys	Assets
17.	Required	Define Quick Codes	Assets
18.	Required	Define Fiscal Years	Assets
19.	Required	Define Calendars	Assets
20.	Optional	Define Security by Book	Assets
21.	Required	Define Book Controls	Assets
22.	Required	Define Depreciation Methods	Assets
23.	Optional	Define Depreciation Ceilings	Assets
24.	Optional	Define Investment Tax Credits	Assets
25.	Required	Define Prorate / Retirement Conventions	Assets
26.	Optional	Define Price Indexes	Assets
27.	Required	Define Asset Categories	Assets
28.	Optional	Define Distribution Sets	Assets
29.	Optional	Define Leases	Assets
30.	Optional	Define Warranties	Assets
31.	Optional	Set Profile Options	System Administration
32.	Optional	Define Insurance	Assets

Oracle iAssets Setup Steps

The following section lists all the setup tasks for a Oracle iAssets implementation and briefly describes each of the task. The tasks should be performed in the order discussed here.

Step No.	Required	Step	Reference
1.	Required	Set up Oracle Assets	Assets
2.	Required	Define Jobs	HRMS
3.	Required	Enter Employees	HRMS
4.	Required	Create an Organization	HRMS
5.	Optional	Set Up AME Approval Rules	Approvals Management
6.	Required	Set Up Transfer Rules	iAssets
7.	Required	Set Up Profile Options	System Administration
8.	Required	Assign Rules to Responsibilities	iAssets

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• Related: Oracle Assets, Asset Books, Asset Budgeting, Asset Depreciation,

This Topic Is Referenced By These Topics:
Related Links: AssetBudgeting, AssetDepreciation, AssetMassAdditions, FA12SetupAssetSystemAssetCategories, FA12SetupAssetSystemAssetFiscalYears, FA12SetupAssetSystemAssetKeys, FA12SetupAssetSystemBookControls, FA12SetupAssetSystemCalendars, FA12SetupAssetSystemLeasePayments, FA12SetupAssetSystemLeasePaymentstoPayables, FA12SetupAssetSystemLeasesDetails, FA12SetupAssetSystemLocations, FA12SetupAssetSystemPriceIndexes, FA12SetupAssetSystemProrateConventions, FA12SetupAssetSystemQuickCodes, FA12SetupAssetSystemsDistributionSets, FA12SetupAssetSystemSystemControls, FA12SetupAssetSystemWarranties, FA12SetupDepreciationBonusRules, FA12SetupDepreciationCeilings, FA12SetupDepreciationITCRates, FA12SetupDepreciationITCRecaptureRates, FA12SetupDepreciationMethods, FA12SetupDepreciationSuperGroups, FAAccountGenerator, OracleAssets, WebStatistics

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