Oracle Assets Special Interest Group (SIG)

Oracle Assets Special Interest Group (SIG)

CONGRATULATIONS! 2010 OAUG Certificate of Distinction Award

Meeting Agenda Housekeeping Board Introductions Board/Volunteer Openings SIG Direction / Vision SIG Website Improvements OpenWorld Asset Presentations Collaborate 2011 Questions & Answers Ask Oracle Development OR Conversion Strategy Presentation

Housekeeping Asset SIG Board Introductions: Group Coordinator Brian Bouchard Co-Chairperson Jean Matzke Asset SIG Service Introductions: Communication Chairperson Alla Lande Newsletter Editor Vini Sondhi Oracle Liaison Usha Thothathri Sundar Narayanan Gary Chen European Chairperson Cindy Cline

Housekeeping SIG Board Service Opportunities Secretary / Treasurer [ OPEN ] Recording and documenting information discussed and decided upon at the meetings Publish meeting minutes Managing the action item list and maintaining all other documents Receipt, maintenance, and disbursement of all funds of the group Management and maintenance of membership lists Enhancement Coordinator [ OPEN ] Coordinating all strategic enhancement requests originating from the Oracle Assets SIG Editing all submitted enhancements from the SIG and communicating the status of enhancements to group members Communicating strategic enhancements to the OAUG Enhancement Chair

Asset SIG Direction / Vision Asset SIG purpose is to be a forum to: Discuss Asset specific questions/issues within Oracle Assets Application Discuss Asset specific questions/issues with integrated Applications (i.e. Purchasing, Payables, Projects, Inventory, EAM, iassets, etc.) Share tricks of the trade Conduct educational presentation at semi-annual meetings Ask the Group ask inquiries during the year to the group for feedback Conduct educational sessions during the year on various topics (webinars) Highlight issues and resolutions

SIG Website Asset SIG website: url: http://assetsig.oaug.org Download presentations Share tricks of the trade Issues and Resolutions Ask the Group Q&A postings Events Advertise upcoming meetings Enhancements identify enhancements presented to Oracle

Improvements What can we do better?: Reaching out and getting new members Increasing conference attendance Change meeting to a week day session Increase communication Periodic Newsletter (Quarterly) Periodic Conference Calls (Quarterly) Website enhanced and operational Conference door prizes / give-a-ways

OOW Asset Presentations Monday September 20 I Hate Tax Books! Do They Have To Be So Hard To Define And Maintain? No! 11AM in Moscone West L2 / Room 2003 Thursday September 23 Tax Book Implementation Roadmap for a Retail Company 9AM in Moscone West L2 / 2010 Managing Fixed Assets Effectively in Oracle Assets Release 12.1 1:30PM in Moscone West L2 / Room 2003

OAUG Collaborate 2011 April 10 14, 2011 Orange County Convention Center West Orlando, Florida Important Dates: August 10, 2010 Call for Papers Opens September 22, 2010 SIG Voter List Due (Need Volunteers) October 1, 2010 Call for Papers Closes October 5-19, 2010 Paper Voting October 20 November 11 Room Build Week of December 6, 2010 Accepted Presenters Notified

OAUG Collaborate 2011 Topics of Interest: Impairments Utilizing FA Books for non asset items like Prepaid Amortization and Deferred Liabilities

Questions?

Q & A Ask Oracle Development

Enhancement Update 1. ER-8356664 Accumulated depreciation accounting on additions 2. Incorporate bar-coding in standard functionality for maintenance 3. ER-8405368 Unable to perform unplanned depreciation in period added 4. ER-7705668 Ability to populate / retain Serial Number & Tag Number when splitting invoices 5. ER-1949723 Lease assets feature break out principal & interest when interfaced with AP

Enhancement Update 6. ER-8231740 Ability to enter asset units in AP (Invoice Lines) 7. ER-9211359 CIP defaults override when moved to capitalized 8. Security by Book to change to be similar to Ledger Sets in GL to allow shared service centers in FA 9. AutoPrepare Mass Additions feature should feed off of depreciation expense default rather than the asset clearing account default on the category setup