R12.x Oracle Asset Management Fundamentals Course Overview:

Oracle Asset Management Fundamentals R12.x is a training course designed to provide users with a solid understanding of Oracle Assets, a comprehensive asset management system. It offers complete visibility and control over both physical and financial assets, making it particularly valuable for organizations managing extensive or intricate asset portfolios.

The course encompasses essential topics, including asset book setup, depreciation calibration, asset capitalization and disposal, cost accounting comprehension, utilization of asset reports, and asset information maintenance. Participants will develop a comprehensive grasp of the principles and application of the Oracle Asset Management module.

Intended Audience:

1. Anyone looking to understand the core fundamentals of asset management.
2. Individuals who have prior experience in asset management but want to refine or update their skills.
3. Managers and finance professionals working with or owning enterprise asset management projects.
4. IT specialists involved in asset management projects.
5. Asset managers seeking to enhance their knowledge and skills.
6. Controllers and accountants involved in asset management processes.
7. Business analysts with a focus on asset management.
8. Internal auditors engaged in asset management compliance.
9. Other personnel involved in asset management processes and compliance.
10. Individuals and organizations seeking to better understand the complex asset management landscape and operations.

Learning Objectives of R12.x Oracle Asset Management Fundamentals:

1. Develop a strong understanding of the features and functionality of Oracle Assets.
2. Understand how to create, manage, and track assets in Oracle Asset Management.
3. Create and post asset books,invoices, and acquisitions.
4. Create manual or automatic adjustments.
5. Calculate and report depreciation.
6. Perform asset transfers and retirements.
7. Create manual or automatic revaluations, as well as understanding options for accounting changes.
8. Generate necessary reports for asset tracking, depreciation, and inventory control.
9. Gain an understanding of how periods and periods and calendar shape depreciation calculations.
10. Understand the integration between Oracle Assets and other Oracle Financial modules.