Run the Mass Additions Create program to transfer capital invoice line distributions from Oracle Payables to Oracle Assets.
For foreign currency assets, Payables sends the invoice distribution amount in the converted ledger currency. The mass addition line appears in Oracle Assets with the ledger currency amount. Oracle Assets creates journal entries for the ledger currency amount, so you must clear the foreign currency amount in your general ledger manually.
After you create mass additions, you can review them in the Prepare Mass Additions window in Oracle Assets.
Note: Payables does not transfer invoice distributions to Oracle Assets for invoice items that are tracked by Enterprise Install Base and are depreciable.
Prerequisites
Set up your corporate book in Oracle Assets. See: Defining Depreciation Books.
Set up your asset categories in Oracle Assets for the corporate book you want to use with mass additions. See: Setting Up Asset Categories, Oracle Assets User's Guide.
Set Up Post-Accounting Programs in Oracle Subledger Accounting. Define which accounting classes should be transferred for assets. Payables transfers all related distributions to Oracle Assets. See: Post-Accounting Programs
Enter invoices in Oracle Payables. See: Entering Basic Invoices in the Invoice Workbench.
Create accounting entries for the invoices. See: Creating Accounting Entries in Payables.
Transfer accounting entries to general ledger.
Ensure your invoice line distributions meet the necessary criteria to be imported from Payables to Oracle Assets. See: Create Mass Additions from Invoice Line Distributions in Oracle Payables, Oracle Assets User's Guide.
If you want to include the nonrecoverable tax amounts as part of the asset value, then enable the profile option: FA: Include Nonrecoverable Tax in Mass Addition.
Navigate to the Submit Request Set window.
Choose Mass Additions Create from the Request Set list of values.
Specify your parameters for the Mass Additions Create program.
GL Date: Payables creates mass additions from invoice distribution lines with GL dates that are on or before the date you enter in this field. You must enter a date on or before the current date.
Book: Enter the name of the Oracle Assets corporate book for which you want to create mass additions.
Specify the Book parameter for the Mass Additions Create report.
Choose Submit to submit the request set.
Payables creates the mass additions and runs the Mass Additions Create report so you can review a list of the mass additions created.