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    TAB - Fusion Assets V3

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    ootydev2000
    The document provides an overview of the Transaction Account Builder (TAB) functionality for Oracle Fusion Assets. TAB allows more flexibility to derive the depreciation expense account for asset additions. It consists of Transaction Account Definitions and Types that leverage existing account rules and sources. Users can create their own definitions and rules to meet business needs for defaulting expense accounts to source lines. The document outlines the steps to enable and configure TAB for automatic expense account defaulting during mass additions processing in Fusion Assets.

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    TAB - Fusion Assets V3

    Uploaded by

    ootydev2000
    316 views6 pages
    The document provides an overview of the Transaction Account Builder (TAB) functionality for Oracle Fusion Assets. TAB allows more flexibility to derive the depreciation expense account for asset additions. It consists of Transaction Account Definitions and Types that leverage existing account rules and sources. Users can create their own definitions and rules to meet business needs for defaulting expense accounts to source lines. The document outlines the steps to enable and configure TAB for automatic expense account defaulting during mass additions processing in Fusion Assets.

    Original Description:

    Fusion FA TAB

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    The document provides an overview of the Transaction Account Builder (TAB) functionality for Oracle Fusion Assets. TAB allows more flexibility to derive the depreciation expense account for asset additions. It consists of Transaction Account Definitions and Types that leverage existing account rules and sources. Users can create their own definitions and rules to meet business needs for defaulting expense accounts to source lines. The document outlines the steps to enable and configure TAB for automatic expense account defaulting during mass additions processing in Fusion Assets.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    316 views6 pages

    TAB - Fusion Assets V3

    Uploaded by

    ootydev2000
    The document provides an overview of the Transaction Account Builder (TAB) functionality for Oracle Fusion Assets. TAB allows more flexibility to derive the depreciation expense account for asset additions. It consists of Transaction Account Definitions and Types that leverage existing account rules and sources. Users can create their own definitions and rules to meet business needs for defaulting expense accounts to source lines. The document outlines the steps to enable and configure TAB for automatic expense account defaulting during mass additions processing in Fusion Assets.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
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    TAB allows more flexibility to derive the depreciation expense account for source lines in Fusion Assets by offering granularity at the ledger level through Transaction Account Definitions and Transaction Account Types.

    TAB was introduced in November 2016 patch bundle and leverages account rules and sources to derive the depreciation expense account during mass additions processing in a more flexible way.

    The two main concepts of TAB are Transaction Account Definitions (TAD) and Transaction Account Types (TAT). TAD are used to assign account rules to accounting segments and TAT are used to define the expense account.

    ORACLE APPLICATIONS

    Transaction Account Builder


    (TAB) for Fusion Assets

    Written by Oracle Support Services


    Author: Louise Gareau
    Date Created 12/7/2016
    Date Updated: 12/22/2016
    Date Modified 05/19/2017
    Version: 3.0
    Transaction Account Builder (TAB)/Enhanced Mass Additions Expense Account
    Defaulting in Fusion Assets

    THE PURPOSE OF THIS DOCUMENT IS TO PROVIDE A QUICK OVERVIEW of the Transaction Account
    Builder functionality for Fusion Assets.

    The Transaction Accounting Builder (TAB) functionality was introduced with the November 2016 Patch
    Bundle and allows more flexibility to derive the Depreciation Expense Account for source lines in Fusion
    Assets.

    TAB offers granularity at the ledger level and consists of two major concepts:
    Transaction Account Definitions (TAD)
    Transaction Account Types (TAT)

    TAB leverages the same "Account Rule" and "Sources" entities used for Create Accounting setups.
    Refer to White Paper: Subledger Accounting Setup for Oracle Fusion Assets (Doc ID 1396942.1)
    Book level requirements can be achieved with the set up and usage of account rules and conditions.

    The main TAB task is ‘Manage Transaction Account Definitions’.

    To access Manage Transaction Account Definitions (TAD)

    1. Setup and Maintenance > Define Transaction Account Rules


    2. Click on Manage Transaction Account Definitions

    TAB for Fusion Assets Oracle/Client Confidential - For internal use only Page 2
    Seeded definition created by Oracle cannot be edited and is not Chart of Accounts specific.

    You can create your own definition and assign account rules to your defined accounting segments to
    meet your specific business needs for the Expense Account for your source lines.

    You can create Chart of Accounts (COA) specific definition but note that once the definition is saved, the
    COA cannot be modified or removed.

    You must activate a definition once a custom definition is created or modified:

    To access ‘Manage Transaction Account Types (TAT)

    1. Setup and Maintenance > Define Transaction Account Rules


    2. Click on Manage Transaction Account Types
    3. Click on Expense Account link

    TAB for Fusion Assets Oracle/Client Confidential - For internal use only Page 3
    The five (5) sources under Source Assignments are the only allowed sources to be used with Transaction
    Account Builder.

    Again, you can create your own account rules but they must use one of the above sources.
    Any other sources or custom sources are not supported at this time with TAB.

    Enable TAB for Expense Account Defaulting

    1. Setup and Maintenance > Manage Fixed Assets Lookups


    2. Enter ‘ORA_FA_MASSADD%’ in Lookup Type field and click Search
    3. Click on the row for ORA_FA_MASSADD_MAP_EXP_BASE
    4. Check Enabled box for ORA_TAB_GENERATION lookup type.
    Uncheck the flag for the other two lookup codes.
    5. Save and Close

    TAB for Fusion Assets Oracle/Client Confidential - For internal use only Page 4
    Set Transaction Accounting Definition (TAD) at the ledger level

    1. Setup and Maintenance> Manage Subledger Accounting Options


    2. Search for your ledger
    3. Under Search Results, expand by clicking on the arrow beside the ledger name
    4. Click on Edit icon (pencil) Accounting Options for Assets

    5. Select the definition from the Transaction Account Builder list of values (LOV)

    6. Click Save and Close

    TAB for Fusion Assets Oracle/Client Confidential - For internal use only Page 5
    Enable Lookup for Prepare Mass Additions Automatically

    1. Setup and Maintenance > Manage Fixed Assets Lookups


    2. Enter ‘FA_MASS_ADD_PREPARE_RULES’ in Lookup Type field
    3. Click Search
    4. Check Enabled box for DEFAULT lookup code
    5. Save and Close

    Prepare Mass Additions Automatically


    The Depreciation Expense account will be derived according to TAB rules during the Mass Additions
    process. You can submit Prepare Additions Automatically process from:

    Navigator > Assets > Addition Infotile > Actions > Prepare Additions Automatically
    or
    Navigator > Assets > Tasks pane > Prepare Source Lines > Search for your source lines and click Actions >
    Prepare Additions Automatically

    TAB for Fusion Assets Oracle/Client Confidential - For internal use only Page 6

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