Overview of Oracle Asset Management | Oracle Fixed Asset

Oracle Assets automates asset management and simplifies accounting tasks. Using a unified source of asset data (with data from your Oracle applications as well as external feeder systems), Oracle Assets gives you visibility into your assets worldwide. Standard management tasks-such as asset transfers, disposals, reclassifications, financial adjustments, and tax legacy data conversion-can be streamlined with automated business flows.

 Standard accounting, operational, and registry reports are available to ease reconciliation and analysis.



Enhance Value by combining with the Entire Oracle E-Business Suite Oracle Assets works seamlessly with other Oracle E-Business products to drive better decision-making, sustainable financial discipline, regulatory compliance, and optimized business processes at the lowest cost.

Benefits: 

• Lower the Cost of Asset Ownership The traditional way of managing assets-manual processing and disjointed systems—is slow, expensive, and error prone. With Oracle Assets, you can manage your assets in a single system that automates many standard transactions to reduce these costs and improve the accuracy of fixed-asset transactions. 

• Securely Manage Assets Use reliable and timely information to properly manage your enterprise's fixed assets. Create standardized reports or perform ad-hoc inquiries for quick and easy access to asset details. 

• Increase Efficiency with Self-Service Oracle iAssets provides real-time self-service asset transfer functionality to simplify and streamline the complex task of tracking inventory ownership and location. Armed with asset information, you can make better decisions about managing your current assets as well as planning for the future.

• Comply with Local and International Regulations Oracle Assets supports complex and diverse reporting requirements including multiple currency and worldwide financial and tax standards. Tailor your depreciation calculation or choose from a pre-defined method to meet regulatory requirements in any industry or location.

Creating Assets Responsibility


Responsibilities Window

Use this window to define a responsibility. Each application user is assigned at least one responsibility.

A responsibility determines whether the user accesses Oracle Applications or Oracle Mobile Applications; which applications functions a user can use; which reports and concurrent programs the user can run; and which data those reports and concurrent programs can access.

Responsibilities cannot be deleted. To prevent a responsibility from being used, set the Effective Date's to field to a past date and restart Oracle Applications.


Before defining your responsibility, do the following:

Use the Data Groups window to list the ORACLE username your responsibility's concurrent programs reference on an application-by-application basis.
Use the Request Groups window to define the Request Group you wish to make available with this responsibility.

Use the Menus window to view the predefined Menu you can assign to this responsibility.

Responsibilities Block

An application name and a responsibility name uniquely identify a responsibility.

Responsibility Name

If you have multiple responsibilities, a pop-up window includes this name after you sign on.

Application

The owning application for the responsibility.
This application name does not prevent the user of this responsibility from accessing other applications' forms and functions if you define the menu to access other applications
.
Responsibility Key

This is the internal key for the responsibility that is used by loader programs, (concurrent programs that load messages, user profiles, user profile values, and other information into Oracle Applications tables). The responsibility key is unique per application.


Effective Dates (From/To)

Enter the start/end dates on which the responsibility becomes active/inactive. The default value for the start date is the current date. If you do not enter an end date, the responsibility is valid indefinitely.

You cannot delete a responsibility, because its information helps to provide an audit trail. You can deactivate a responsibility at any time by setting the end date to the current date. If you wish to reactivate the responsibility later, either change the end date to a date after the current date, or clear the end date.


Available From

This is the navigator from which the responsibility will be available (Oracle Applications forms navigator, mobile navigator).
A responsibility may be associated with only one Applications system.


Data Group

Note: Data groups are used for backward compatibility only. Oracle Application Framework does not support the data groups feature.


Name/Application

The data group defines the pairing of application and ORACLE username.

Select the application whose ORACLE username forms connect to when you choose this responsibility. The ORACLE username determines the database tables and table privileges accessible by your responsibility. Transaction managers can only process requests from responsibilities assigned the same data group as the transaction manager.


Menu

The menu whose name you enter must already be defined with Oracle Applications.

Request Group - Name/Application

If you do not assign a request security group to this responsibility, a user with this responsibility cannot run requests, request sets, or concurrent programs from the Submit Requests window, except for request sets owned by the user. The user can access requests from a Submit Requests window you customize with a request group code through menu parameters.


Menu Exclusions Block

Note: Menu exclusions should be used for backward compatibility only.
Define function and menu exclusion rules to restrict the application functionality accessible to a responsibility.


Type
Select either Function or Menu as the type of exclusion rule to apply against this responsibility.

When you exclude a function from a responsibility, all occurrences of that function throughout the responsibility's menu structure are excluded.
When you exclude a menu, all of its menu entries, that is, all the functions and menus of functions that it selects are excluded.


Name

Select the name of the function or menu you wish to exclude from this responsibility. The function or menu you specify must already be defined in Oracle Applications.

HTML-Based Applications Security

Oracle HTML-based applications use columns, rows and values in database tables to define what information users can access. Table columns represent attributes that can be assigned to a responsibility as Securing Attributes or Excluded Attributes. These attributes are defined in the Web Application Dictionary.


Excluded Items

Use the List of Values to select valid attributes. You can assign any number of Excluded Attributes to a responsibility.

Securing Attributes

Use the List of Values to select valid attributes. You can assign any number of securing attributes to the responsibility.