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Account Generator for Oracle Assets

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Introduction

Note: This topic is based on release 11i.

Types of Transactions

There are three levels of account generator entries: Book, Category, and Asset. The defaults used by the account generator come from the set up screens for each level (i.e. category level entries derive their account distributions from the category definition and more detail requirements in this kind of entry would either drive a requirement for more categories or modifications to the account generator to get the detail from some other place (like at the asset level)).

Book Level Entries:

• cost of removal clearing
• cost of removal gain
• cost of removal loss
• deferred depreciation expense
• deferred depreciation reserve
• depreciation adjustment
• intercompany accounts payable,
• intercompany accounts receivable
• net book value retired gain
• net book value retired loss
• proceeds of sale clearing
• proceeds of sale gain
• proceeds of sale loss
• revaluation reserve retired gain
• revaluation reserve retired loss

Category Level Entries:

• asset clearing
• asset cost
• bonus expense
• bonus reserve
• CIP clearing
• CIP cost
• depreciation reserve
• revaluation amortization
• revaluation reserve

Asset Level Entries:

• depreciation expense

Comments

Links

• Related: Oracle Assets, Depreciation, Asset Setup

This Topic Is Referenced By These Topics:
Related Links: FAAccountGenerator, GlossaryA, GlossaryP, GlossaryWY

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Collaborating Authors and Reviewers: JimCrum