Oracle Fixed Assets is fully integrated with other modules so that data input in Purchasing, Payables and Projects will flow through Fixed Assets into the General Ledger. This also means that any asset can be queried and the source information obtained by drilling down to find details of invoices. You can perform most of your transactions in Oracle Assets using just three windows: the Assets Workbench, Mass Additions Workbench, and Tax Workbench.
The Fixed Assets (FA) module allows you to maintain equipment inventory, depreciation schedules using the best accounting and tax strategies. It allows you to value assets using different classifications, such as Construction in Process (CIP) or expensed items.
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