Oracle®
Assets, a comprehensive asset management solution, ensures
maintenance of accurate property and equipment inventory
as well as optimal accounting and tax strategies. Oracle
Assets is part of the Oracle E-Business Suite, an integrated
set of applications that are engineered to work
together.
Capitalize
on Global Opportunities
Oracle
Assets supports international business practices to help
manage your worldwide operations. Oracle Assets assists
in conducting business within countries in the European
and Monetary Union (EMU) by supporting euro asset accounting
and transactions. Create reporting sets of books using the
Multiple Reporting Currencies feature, which allows you
to view and report on your fixed assets transactions in
multiple currencies.
With
the Security by Book feature, you can secure data access
by depreciation book. You can also create a flexible hierarchy
of asset security based on department, region, country,
or any
organizational entity in your global enterprise.
Support
the tax calculation and reporting requirements for all regions
in which you conduct business. Comply with statutory depreciation
requirements in any industry or location by tailoring your
depreciation calculation through the use of flexible formulas.
Also, address European and Latin American reporting requirements
by maintaining your CIP assets in your tax books.
