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More information about DUT056, Fixed Assets Subject Area - Fixed Asset Transaction

The following is additional information provided by Oracle... These are the business questions that can be answered from this (these) subject area(s) contained in this rule:

• What assets have been transferred from one location or cost center to another during a given period?
• What invoices have I received for a given asset during the current year?
• What is the financial history for a given asset?
• What are all the transactions performed on selected assets?
• What are the assets reinstated during a specified period?
• What assets are currently operational in a particular department and what is their current cost, net book value,
and accumulated depreciation reserve?
• What is the cost of removal of a retired asset?
• Which assets have a remaining life that is less than one year from today?
• What vendor invoices were charged to a cost center for an asset?
• What assets have been retired this past month with sale proceeds above a specified dollar amount?