How Subledger Accounting Event Classes Map to the Assets Module Transactions

By Jag - August 02, 2012

Oracle Apps Tutorial| How Subledger Accounting Event Classes Map to the Assets Module Transactions

This is my sixth post on the details of Subledger Event Classes in the Oracle E-Business Suite. In my previous post, I discussed how the relationship between the Subledger Event Class and the transactions in the Purchasing module. In this post, I’ll discuss the relationship of Purchasing Event Classes and the transactions in the Assets module.
In Assets module, we have 26 event classes that can be divided into four categories: transaction related events, depreciation related events, inter-asset transactions related events, and deferred depreciation related events. The transaction related events are used when you are performing asset
additions, adjustments, re-classifications, retirements, transfers, and creating terminal gains and losses. The depreciation related events are used when you generate depreciation or rollback depreciation. Inter Asset transaction related events are used when you perform source line or reserve transfers. The deferred depreciation related events are used when you calculate the difference between the depreciation between your corporate books and you tax books. The table below lists the accounting events class with the Subledger Entity Name and the GL journal category. The Subledger Entity Name tells us how the Subledger Accounting is using the event ID’s in the transactional data to map to the event classes.

Entity Name	Event Class	Journal Category
Deferred Depreciation	Deferred Depreciation	Deferred Depreciation
Depreciation	Depreciation	Depreciation
Inter Asset Transactions	CIP Source Line Transfers	CIP Adjustment
Inter Asset Transactions	Reserve Transfers	Adjustment
Inter Asset Transactions	Source Line Transfers	Adjustment
Transactions	Impairment	Adjustment
Transactions	Additions	Addition
Transactions	Adjustments	Adjustment
Transactions	Capitalization	Addition
Transactions	Category Reclass	Reclass
Transactions	CIP Additions	CIP Addition
Transactions	CIP Adjustments	CIP Adjustment
Transactions	CIP Category Reclass	CIP Reclassification
Transactions	CIP Retirements	CIP Retirement
Transactions	CIP Revaluation	CIP Revaluation
Transactions	CIP Transfers	CIP Transfer
Transactions	CIP Unit Adjustments	CIP Transfer
Transactions	Depreciation Adjustments	Depreciation Adjustment
Transactions	Inflation Revaluation	Inflation Acc Reval
Transactions	Retirements	Retirement
Transactions	Retirement Adjustments	Adjustment
Transactions	Revaluation	Revaluation
Transactions	Terminal Gain and Loss	Retirement
Transactions	Transfers	Transfer
Transactions	Unit Adjustments	Transfer
Transactions	Unplanned Depreciation	Adjustment

As you can see, most of the accounting events in the Oracle Assets module are transaction related and are created in the Asset Workbench. The Asset Workbench allows you to define and adjust the financial information of the asset. When you perform these transactions (additions, adjustments, transfers, re-classes), Oracle generates journal entries. Other accounting events are generated using programs (depreciation, deferred depreciation, gains or losses) or by interfacing transactions (impairments). Below is a table of the event classes and corresponding the Oracle form or program used to create that event’s transaction. As with other Oracle module, there are many ways to create the same transaction and this list is just a sample. I’ve also added some screen shots associating the event class to the form or program.

Subledger Event Class	Form or Program
Deferred Depreciation	Calculate Deferred Depreciation Program
Depreciation	Run Depreciation Form and Program
CIP Source Line Transfers	Asset Workbench Form (CIP Asset Type)
Reserve Transfers	Asset Workbench Form
Source Line Transfers	Asset Workbench Form
Impairment	Create and Post Form (Impairment )
Additions	Asset Workbench Form
Adjustments	Asset Workbench Form
Capitalization	Capitalize CIP Assets Form
Category Reclass	Asset Workbench Form
CIP Additions	Asset Workbench Form (CIP Asset Type)
CIP Adjustments	Asset Workbench Form (CIP Asset Type)
CIP Category Reclass	Asset Workbench Form (CIP Asset Type)
CIP Retirements	Asset Workbench Form (CIP Asset Type)
CIP Revaluation	Asset Workbench Form (CIP Asset Type)
CIP Transfers	Asset Workbench Form (CIP Asset Type)
CIP Unit Adjustments	Asset Workbench Form (CIP Asset Type)
Depreciation Adjustments	Asset Workbench Form
Inflation Revaluation	Revaluation Form
Retirements	Asset Workbench Form
Retirement Adjustments	Asset Workbench Form
Revaluation	Mass Revaluation Form
Terminal Gain and Loss	Calculate Gains and Losses Program
Transfers	Asset Workbench Form
Unit Adjustments	Asset Workbench Form
Unplanned Depreciation	Asset Workbench Form