Step 1. Make Sure to post all invoices distribution
which marked as “Track as asset” (AP)
Run Expense Distribution Detail Report
列印所有 Unpost 之Track as Asset交易,
Check un-posted reason , fix it and post associated invoice
into Oracle General Ledger
Submit Create Mass Additions for Assets Program
System will automatically generate
Mass Additions Create report.
Step 2. Make sure to post all “UN-POST” assets
Run Unposted Mass Additions Report
列印所有 Unpost 之Mass Additions
Check un-posted reason , fix it and post associated invoice
into Oracle Fixed Assets
Submit Post Mass Additions
System will automatically generate
Mass Additions Posting report.
Reconcile Unposted Mass Additions Report with
Mass Additions Posting Report
Step 3. Make adjustment for exceptional conditions
Cost Adjustment in “mass-additions”
AP : Dr -- Clearing Acct $20,000
Cr -- AP $20,000
FA : Dr -- Asset Cost Acct $20,200 (Cost Adjustment $200)
Cr -- Clearing Acct $ 20,200
GL : Dr -- Clearing Acct $200 (Adjustment Journal)
Cr -- AP $200
Manual error on AP (non-clearing account)
AP : Dr -- Asset Cost Acct $20,000
Cr -- AP $20,000
FA : Dr -- Asset Cost Acct $20,000 (Manual Addition)
Cr -- Clearing Acct $ 20,000
GL : Dr -- Clearing Acct $20,000 (Adjustment Journal)
Cr -- Asset Cost Acct $20,000
Cancel Original AP -> Re-enter AP -> Approval -> Post to GL -> Post to Mass Additions -> Post to FA
Step 4. Final posting in mass-additions
Run Unposted Mass Additions Report
列印所有 Unpost 之Mass Additions
Check un-posted reason , fix it and post associated invoice
into Oracle Fixed Assets
Submit Post Mass Additions
System will automatically generate
Mass Additions Posting report.
Reconcile Unposted Mass Additions Report with
Mass Additions Posting Report
Step 5. Run projection report to see projected depreciation expense
Step 6. Run Depreciation (Close Current Period & Open Next)
Step 7. Reconciliation Reports with Oracle General Ledger
Reconciling Journal Entry to General Ledger Accounts
Reconciling Asset Cost Accounts
Reconciling CIP Cost Accounts
Reconciling Reserve Accounts
Reconciling Depreciation Expense Accounts
