2.3. Adding an Asset Automatically from an External Source (Mass Additions)

Use the Mass Additions process to add an asset automatically from an external source. Review new mass addition lines created from external sources before posting them to Oracle Assets. You can also delete unwanted mass addition lines to clean up the system.

You can also load data into Oracle Assets using the Create Assets Feature in the Applications Desktop Integrator (ADI), which allows you to import data from an Excel spreadsheet.

Reviewing Mass Addition Lines
You must review newly created mass addition lines before you can post them to Oracle Assets to become assets. You can place a group of mass additions in the POST, ON HOLD, or DELETE queues all at once. You can also perform a split, merge, or cost adjustment on mass additions before you post them. You can continue to review a mass addition until you post it. To review mass additions that have not yet been posted, run the Unposted Mass Additions or Mass Additions Status Report.
Note: If you want to find mass additions by Invoice Number, PO Number, or Supplier Number in the Find Mass Additions window, your search criteria must match exactly, including capitalization.

Prerequisites
Create mass additions from external sources


About the Mass Additions Interface

You can create assets automatically from information in any other system using Mass Additions. Oracle Assets is already integrated with Oracle Payables; you can easily integrate it with other payables systems. You can also use the mass additions process to convert your assets from an outside system to Oracle Assets.
Important: Plan your conversion carefully and thoroughly, since you cannot undo it.

Create Assets From Oracle Payables
The Create Mass Additions program creates mass additions from invoice information in Oracle Payables. The concurrent process places the new mass additions in a holding area (the table FA_MASS_ADDITIONS) that is separate from the main Oracle Assets tables, so that you can review and approve the mass additions before they become asset additions.

Create Asset Additions From Another Payables System
To integrate Oracle Assets with another system, develop your own program to add mass additions to the FA_MASS_ADDITIONS table. Also, you may want to add another window to the Oracle Assets menu to run your concurrent process. A description of the columns in the FA_MASS_ADDITIONS table is included later in this essay.

Convert From Other Systems
Oracle Assets lets you convert from your previous asset system using mass additions. Instead of loading your asset information into multiple Oracle Assets tables, load your information into the FA_MASS_ADDITIONS table and use the mass additions process to simplify your work

Use Mass Additions to Import Your Asset Data
The Mass Additions feature of Oracle Assets is normally used to import asset information from Oracle Payables. Mass Additions automatically populates the many Oracle Assets tables from the relatively simple FA_MASS_ADDITIONS table. By
placing your data in this table, you can use the power of the Post Mass Additions to Oracle Assets program to perform the bulk of your import.
Mass Additions has three main components:

  • Create: finds potential new assets in Oracle Payables and brings them into the FA_MASS_ADDITIONS table
  • Prepare: allows you to review potential new assets and enter additional information
  • Post: creates assets by importing asset information from the FA_MASS_ADDITIONS table into several Oracle Assets tables

To import asset information from another payables system, load the FA_MASS_ADDITIONS table and then use Prepare and Post to add your assets to Oracle Assets.

To convert assets from another assets system, use only the Post component to move the asset information you store in the FA_MASS_ADDITIONS table into Oracle Assets.

Oracle Applications Fusion Cloud - Inventory

Oracle Cloud/Fusion Procurement training will help you develop the fundamental skills required to set up and use the Procurement module. This training covers all the tasks, setups, forms and reports used in Procurement and related modules