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Oracle Financials · FA

Oracle Fixed Assets Implementation Checklist

Asset conversion can become a late dependency when audit and legacy close converge near go-live.

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Design

Confirm asset accounting and lifecycle.

Books, calendars, categories, depreciation, locations and assignments.
Mass additions/AP integration, CIP, transfers and retirements.
Accounting and reporting.

Conversion

Require business-quality source data.

Agree source of truth and auditor/business validation.
Map cost, reserve, dates, categories, locations and accounting.
Reconcile cost and accumulated depreciation to approved totals.

First close

Validate depreciation and ownership.

Additions, transfers, adjustments, retirements and depreciation.
Accounting and GL reconciliation.
Production depreciation/close ownership.

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