| layout | default |
|---|---|
| title | FA Asset Reclassification | Oracle EBS SQL Report |
| description | Application: Assets Source: Asset Reclassification Report (XML) - Not Supported: Reserved For Future Use Short Name: FAS740XML DB package: FAFAS740XMLPPKG |
| keywords | Oracle EBS, Oracle E-Business Suite, SQL report, Blitz Report, Enginatics, Asset, Reclassification, fa_system_controls, fa_book_controls_sec, fa_deprn_periods |
| permalink | /FA%20Asset%20Reclassification/ |
Oracle E-Business Suite SQL report from the Enginatics Library powered by Blitz Report™.
Application: Assets Source: Asset Reclassification Report (XML) - Not Supported: Reserved For Future Use Short Name: FAS740_XML DB package: FA_FAS740_XMLP_PKG
Ledger, Book, From Period, To Period
fa_system_controls, fa_book_controls_sec, fa_deprn_periods, fa_additions, gl_code_combinations, fa_categories, fa_category_books, fa_transaction_headers, fa_adjustments, fa_asset_history, fa_distribution_history, gl_sets_of_books, fa_calendar_periods
FA Asset Additions, FA Asset Summary (Germany), FA Asset Retirements, FA Cost Adjustments, FA Asset Upload, FA Asset Book Details
Some Oracle EBS SQL reports in this library require functions from the utility package xxen_util. Install it before running the SQL directly against your Oracle EBS database.
| Resource | Link |
|---|---|
| Excel Example Output | FA Asset Reclassification - Default 08-Oct-2023 234832.xlsx |
| Blitz Report™ XML Import | FA_Asset_Reclassification.xml |
| Full SQL on Enginatics | www.enginatics.com/reports/fa-asset-reclassification/ |
The FA Asset Reclassification report tracks changes in asset categorization, which is vital for maintaining accurate financial reporting and depreciation schedules. It details assets that have been moved from one category to another within a specified period, ensuring transparency in asset lifecycle management.
- Depreciation Errors: Incorrect asset categorization can lead to wrong depreciation rates and financial misstatements.
- Audit Compliance: Auditors require a clear trail of why and when assets were reclassified.
- Policy Enforcement: Ensuring that assets are grouped correctly according to corporate accounting policies.
This Blitz Report provides a clear view of reclassification events by:
- Transaction Visibility: Listing the old and new category for each reclassified asset.
- Period-Based Reporting: allowing users to focus on changes within a specific financial period.
- Drill-Down Details: Including transaction headers and adjustment details to explain the change.
The report is based on the Oracle standard FAS740_XML logic. It queries FA_TRANSACTION_HEADERS to identify reclassification transactions (RECLASS). It joins with FA_ADDITIONS and FA_CATEGORIES to retrieve asset and category descriptions.
- Ledger/Book: Specifies the accounting context.
- From/To Period: Defines the range of time to search for reclassification transactions.
- Period Selection: Restricting the report to a single period or a small range improves performance, as transaction tables can be large.
- Book: Always specify the book to avoid scanning unrelated data.
- Q: Does this change the asset's cost?
- A: Reclassification itself doesn't change the cost, but it might trigger a recalculation of depreciation if the new category has different rules.
- Q: Can I see who performed the reclassification?
- A: Yes, the report typically includes the
WHOcolumns (Created By) from the transaction header.
- A: Yes, the report typically includes the
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