Gain practical, hands-on expertise managing fixed assets with Oracle R12 Financials. This interactive course covers setup, maintenance, and reporting in Oracle Assets, making it ideal for professionals seeking to deepen their skills and streamline asset management processes.
Oracle R12 Asset Management
Master the tools to manage Oracle R12 fixed assets with confidence
Over two days, you’ll learn to handle assets from acquisition to retirement, streamline processes, and understand key integration with Payables. Ideal for finance and accounting professionals seeking real-world skills for immediate application.
Learning objectives
- Set up asset controls and categories
- Add, adjust and transfer assets
- Handle depreciation and reporting
- Process asset retirements and reinstatements
- Integrate mass additions from Payables
- Create and manage CIP assets
- Generate accounting entries and reconcile
- Use Oracle Assets inquiries and reports
What you’ll learn
You’ll cover how to set up, maintain, and report on fixed assets in Oracle R12, from acquisition through to retirement. Topics include asset controls, depreciation, adjustments, and integration with Payables, giving you practical skills to manage asset workflows effectively.
Asset management fundamentals
Gain a clear understanding of how Oracle R12 Asset Management supports the entire asset lifecycle. You’ll explore system integration, asset books, and categories, and see how accurate setup underpins effective asset control. By the end, you’ll be confident navigating the core features that ensure compliance, consistency, and smooth asset operations.
Setting up asset controls
Learn how to configure Oracle Assets to meet your company’s operational and reporting needs. This includes defining key flexfields, establishing fiscal years and calendars, setting up system controls, and maintaining audit trails. You’ll leave knowing how to create a reliable framework that supports accurate transactions and long-term asset data integrity.
Managing asset additions
Discover the processes for capturing new assets efficiently and accurately. You’ll work through manual entries, mass additions via interface tables, and capitalising construction-in-progress assets. The session also covers integration with Oracle Projects, ensuring asset records are complete, categorised correctly, and ready to support financial and operational decision-making.
Asset adjustments and transfers
Find out how to handle changes to your asset base, from reclassifying categories and updating depreciation rules to transferring assets between locations. You’ll also cover physical inventory processes, learning how to reconcile records with on-the-ground reality, so your asset register remains accurate and aligned with operational requirements.
What’s included
- Two days of live virtual classroom training
- Hands-on live labs with realistic scenarios
- Oracle Vision environment access
- Downloadable course materials
- Realistic exercises and assessments
Key facts
Ideal for
Fixed asset accountants, payables supervisors and finance managers working with Oracle R12 Assets. It’s also valuable for those seeking to understand asset setup, maintenance, and reporting, or the integration between Oracle Payables and Oracle Assets.
Prerequisites
An understanding of asset management and basic accounting is required. Familiarity with Oracle Payables and General Ledger is also helpful.
Learning experience
Our experienced trainers and interactive labs create a focused, practical environment – so you can put theory into practice from day one.
FAQs
This hands-on Oracle R12 Asset Management course helps finance professionals effectively manage the entire fixed asset lifecycle using Oracle Assets.
What is asset management?
Asset management is the process of tracking, maintaining, and optimising a company’s assets - such as equipment, property, and technology - throughout their lifecycle. In finance systems like Oracle R12, it involves recording acquisitions, calculating depreciation, managing transfers, and ensuring accurate reporting for compliance and decision-making.
What does the Oracle R12 Mass Additions process cover?
The Oracle R12 Mass Additions process involves preparing, creating, posting, and managing asset records using the mass additions interface, often fed from Oracle Payables. In our Oracle R12 Asset Management course, you’ll gain hands-on experience with each step, ensuring assets are captured accurately and integrated seamlessly into your financial records.
Does the course include depreciation processes?
Absolutely. The course covers multiple depreciation methods, how to run and manage depreciation processes, make adjustments, and use forecasting tools. You’ll gain experience applying these features in Oracle R12 to ensure accurate asset valuation and reporting.
Does the Oracle R12 Asset Management course cover CIP assets?
Yes. You’ll learn how to create, modify, and capitalise Construction-in-Progress (CIP) assets in Oracle R12, as well as how to integrate them with Oracle Projects for accurate tracking and reporting.
What our customers say
“Tarn is an excellent instructor. Everything was clearly communicated. One of the best courses I have attended in recent years.”
Simon, Senior DBA - Government
“Tarn's presentation was a good mixture of practical examples and whiteboards, very well explained and he is obviously a subject matter expert. The exercises were really effective in consolidating the learning material.”
Diane, Infrastructure Engineer - Government
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