R12.2 Oracle Asset Management Fundamentals Course Overview

R12.2 Oracle Asset Management Fundamentals Course Overview

The R12.2 Oracle Asset Management Fundamentals course is designed to provide learners with a comprehensive understanding of Oracle's Asset Management module, which is a part of the Oracle E-Business Suite. This course covers the full asset lifecycle, from acquisition to retirement, and offers detailed instruction on how to manage and track company assets effectively.

Learners will gain insights into the E-Business Suite Integration and how it relates to Oracle Assets, including the Implementation Considerations for Oracle Financials. The curriculum includes a step-by-step guide on Oracle Assets Setup Steps, allowing users to understand how to Implement Oracle Assets and manage Asset Controls Setup.

Modules focus on practical skills such as Adding Assets Manually, handling Mass Asset Additions, managing CIP Asset Additions, making Asset Adjustments and Maintenance, and understanding the intricacies of Depreciation and Asset Retirements.

With this course, individuals will be equipped with the knowledge to set up Asset Books, define Asset Categories, and navigate through Asset Accounting. In addition, they will explore the capabilities of Asset Inquiry and Reporting and the specifics of Tax Accounting. By completing this course, learners will be able to ensure accurate financial records, comply with reporting standards, and optimize the management of their organization's assets.

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  • Live Online Training (Duration : 32 Hours)
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  • Live Online Training (Duration : 32 Hours)
  • Per Participant

♱ Excluding VAT/GST

Classroom Training price is on request

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Course Prerequisites

To ensure a successful learning experience in the R12.2 Oracle Asset Management Fundamentals course, participants should possess the following minimum prerequisites:


  • Basic understanding of fixed assets and their lifecycle within a business context.
  • Fundamental knowledge of accounting principles, particularly those related to asset management, depreciation, and financial reporting.
  • Familiarity with the Oracle E-Business Suite environment, including navigation and general concepts of Oracle Applications.
  • Prior experience with or exposure to other Oracle Financials modules (such as General Ledger) is beneficial but not mandatory.
  • Ability to use spreadsheet software (e.g., Microsoft Excel) for data analysis and reporting tasks.
  • Basic computer literacy, including file management and data input skills.

These prerequisites are designed to establish a foundation that will allow learners to fully engage with the course content and participate effectively in hands-on exercises and discussions.


Target Audience for R12.2 Oracle Asset Management Fundamentals

The R12.2 Oracle Asset Management Fundamentals course is designed for professionals managing fixed assets within the Oracle E-Business Suite.


  • Financial Analysts
  • Asset Managers
  • Accountants
  • Oracle E-Business Suite Implementers
  • Financial Controllers
  • ERP Consultants
  • IT Professionals responsible for financial systems
  • Oracle Financials Administrators
  • Project Managers overseeing financial system upgrades or implementations
  • Systems Analysts and Architects designing asset management solutions
  • Compliance Officers concerned with accurate financial reporting
  • Operations Managers involved in asset lifecycle management
  • End Users of Oracle Asset Management software


Learning Objectives - What you will Learn in this R12.2 Oracle Asset Management Fundamentals?

Introduction to Course Learning Outcomes:

The R12.2 Oracle Asset Management Fundamentals course equips learners with comprehensive skills to manage assets effectively within the Oracle E-Business Suite environment.

Learning Objectives and Outcomes:

  • Understand the integration of Oracle Asset Management within the E-Business Suite and its impact on Oracle Financials.
  • Master the setup steps essential for Oracle Assets implementation, including configuring flexfields, system controls, and asset calendars.
  • Learn to set up, define, and maintain Asset Books, ensuring proper accounting rules and calendar settings are applied.
  • Gain proficiency in creating and managing asset categories, crucial for organized asset tracking and reporting.
  • Acquire the ability to add assets manually, understand asset cost terminology, and perform related journal entries with a focus on group depreciation.
  • Develop skills for mass asset additions using the interface tables and Web ADI, along with the know-how of tracking expensed items.
  • Learn to manage construction-in-progress (CIP) assets, from initial addition to capitalization and integration with Oracle Projects.
  • Understand asset adjustments and maintenance processes, including reclassification, depreciation adjustments, and physical inventory reconciliation.
  • Grasp the fundamentals of asset depreciation, learning to set up depreciation methods, conventions, and forecasts, and run the depreciation process.
  • Become adept at managing asset retirements, from processing retirements to calculating gains and losses, and reinstating assets.
  • Learn to reconcile and report on asset data to ensure accurate asset accounting and integration with the General Ledger.
  • Explore asset inquiry and reporting capabilities for efficient asset information access, including the use of Oracle's iAssets application.
  • Understand the nuances of tax accounting for assets, including setting up tax books, managing tax book entries, and generating tax-related reports.