To
define Enterprise Asset Management parameters:After you have established an eAM-enabled organization, set up specific eAM parameters that determine the organization level defaults for individual transactions. Set up information such as asset number defaults, cost defaults, work request information, and work order defaults.
Attention: Before creating eAM parameters, first create an asset subinventory in the current eAM-enabled organization (Inventory > Setup > Organizations > Subinventories). See: Creating Subinventories, Oracle Inventory User's Guide.
To
define Enterprise Asset Management parameters:Navigate to the Enterprise Asset Management Parameters window.
Optionally indicate whether this organization has system generated asset numbers within individual asset groups. See: Defining Asset Groups.
You can specify the starting serial number within the Organization Parameters window or the Master Item window, when defining asset groups. If the starting serial number is defined for the asset group, this definition overwrites the starting serial number within the Organization Parameters.
Optionally choose Event Log Controls to enable system events that are logged within the current organization.
You can select the Log Enabled check box next to the events that you want logged for your assets. See: Asset Operational Logging.
The Cost Defaults region represents default cost information for future work orders, without defined cost elements within the work order.
Select an Enterprise Asset Management Cost Element to indicate how to capture cost overheads and any miscellaneous resource costs. Valid values are Equipment, Labor, and Material. See: Overview of eAM Cost Management.
Select a Cost Category to use as the default for departments that do not have a cost category defined.
Department costs are then posted to the appropriate cost elements. Values are Maintenance, Operations, Contract, and any other values that you may have added within the extensible lookup table.
In the Preventive Maintenance region, optionally select the Implement From Horizon Start Date check box to bypass past due work order suggestions when executing the Preventive Maintenance process. If this check box is selected, suggested work orders from the Horizon Start Date forward are executed.
Indicate whether work requests are automatically approved upon creation, or if every user, with the responsibility assigned to the asset's current owning department, receives a notification through workflow (See: Oracle Applications Workflow and Defining Department Approvers).
This notification appears within self service, within the responsibility you use to log in.
If the Auto Approve check box is selected, work requests are created with an Awaiting Work Order status. If the check box is not selected, work requests are created with an Open status.
Note: A work request status must be Awaiting Work Order before you can associate it with a work order. The Awaiting Work Order status indicates that the work request is approved.
Optionally select the Default Asset from Employee Location check box to indicate the default asset information when creating a work request.
If this check box is selected, the Asset Number information defaults as the Location number exported from Oracle Property Manager. Oracle Property Manager is a separate product.
If you choose the Extended Log check box, the system keeps an audit trail of records when defining or updating work requests.
Optionally select the Asset Number Mandatory check box to indicate that the Asset Number field is mandatory when creating a work request.
Select the WIP Accounting Class default to ensure that work orders generated within Enterprise Asset Management have an established account code structure assigned to accept charges incurred by that work order.
The WIP accounting class codes available are of type, Maintenance. If a Maintenance type WIP accounting class does not exist, you can define a new one. If you are using encumbrance accounting, you must include a budget account to capture encumbrance amounts. (See: Defining WIP Accounting Classes).
Note: Cost Management handles maintenance work orders as nonstandard expense jobs.
Optionally enter a Work Order Prefix.
A prefix enables your organization to identify routine work orders.
Attention: Do not use 'BFWO' (Budget Forecast Work Order) as a work order prefix as the system uses this prefix for work order numbers that are generated in a budget forecast.
Optionally select a Default Department.
Oracle recommends that you select a default department. This department defaults to maintenance work orders as they are entered. If a department does not exist on a work order, you cannot release it.
Optionally enter a PM Work Order Prefix.
This prefix enables your organization to identify Preventive Maintenance work orders. There is a limit of 30 characters.
Select the Enable Workflow for Work Orders check box to initiate approval processes for work orders and work permits.
Work orders and work permits might require approvals or notifications at different stages in their lifecycles. Workflow automates this process. You can set up business events and event subscriptions (or use seeded events and subscriptions) within Oracle Workflow to indicate what events trigger Workflow. Seeded events that you can enable to trigger workflow are: Work Order creation, Work Order release approval, Work Order completion, Work Order status change, Operation completion, Work Permit release approval, Work Permit status update. See: Setting Up Oracle Workflow and Setting Up the Business Event System.
Optionally select the Enable Workflow for Safety check box to initiate the workflow processes for isolations, work clearances, and work permits used in safety management.
See Safety Management.
Indicate whether Material Issue Requests are enabled.
If this check box is selected, the Enable Material Issue Requests check box on eAM Work Orders defaults as selected.
Within the Work Order Defaults region, select the Value Rebuildables at Zero Cost to indicate that rebuildable components charge at zero cost (See: Setting Up Zero Cost Rebuild Item Issue). If this check box is selected, rebuildable items issued out of the subinventory expense account are issued at zero cost.
Indicate whether only billable items are invoiceable.
If the Invoice Billable Items Only check box is selected, only billable items can invoice; however, the item needs to be invoiceable (Invoiceable Item and Invoice Enabled check boxes selected within the Master Item window. See: Invoicing Attribute Group) and the Billing Type check box needs to be selected (See: Work Order Billing Setup).
If the Invoice Billable Items Only check box is not selected, any item can be invoiced if it is invoiceable within the Master Item window (Invoiceable Item and Invoice Enabled check boxes selected within the Master Item window). See: Invoicing Attribute Group.
If you select the Auto Firm on Release check box, the dates on the work order cannot automatically reschedule, after the work order is at Released or On Hold statuses.
You can still manually reschedule a resource on the work order, thereby updating the dates on its corresponding operation and work order.
If you select the Auto Firm on Create check box, the dates on the work order cannot automatically reschedule, even in Draft and Unreleased statuses.
You can still manually reschedule a resource on the work order, thereby updating the dates on its corresponding operation and work order.
Select the Enable Target Dates for Work Orders check box if you want users to enter target dates for work orders. The default value is cleared. If enabled, the target date fields appear on the Work Order pages.
If the work order is created manually or through PM forecasting, the default date values are the same as the Scheduled Start and Completion Dates. The target dates can be changed if the status of the work order is not Cancelled or Closed.
Note: Target dates are not mandatory.
Considerations
The target start date can be later or earlier than the schedule start date.
The target completion date can be later or earlier than the scheduled completion date.
Target Completion Date should be greater than Target Start Date.
For more information, see Work Orders.
Within the Account Defaults region, select a Maintenance Offset account.
You can create or break a parent and child (hierarchy) relationship that exists between an asset number and a rebuildable serial number, manually using the Configuration History page. This account records what is sent to Inventory when a Rebuildable is removed from an Asset, and then transferred into inventory.
For example, if the relationship is broken, the Asset or Rebuildable is sent to either Scrap or Inventory. If the Rebuildable is sent to Inventory, the accounting is as follows:
Debit Inventory
Credit Maintenance Offset
Within the Asset Move Defaults region, select a default Intermediate Subinventory and Intermediate Locator value.
Only the expense subinventories associated with your organization are available for selection.
This intermediate subinventory is the default subinventory to which all the assets undergoing miscellaneous receipt transactions are received while performing the Asset Move transfer. The Intermediate Locator value indicates the number assigned to the expense intermediate inventory.
Save your work.