EAM Financials | Enterprise Asset Management | HCL Whitepaper

Accounting nuances in asset maintenance

Oracle Enterprise Asset Management (eAM) is a part of Oracle's E-Business Suite, facilitating organizations to plan and create maintenance schedules for the assets with minimal disruption to the operations. This paper provides an overview of the standard flows and accounting touch points in out of the box eAM operations covering, Resource Charge, Material Accounting, Vendor Invoice Process, Billing, Capitalization Etc .

In addition to that it also provides the logic and guidelines for re-modeling the accounting system for eAM operations, based on common requirements like Petty Cash purchase, Consumables Management, Treating Maintenance Department as Profit Center Etc. Apart from eAM, oracle’s other modules covering Inventory, Procurement, Payables, Receivables and Fixed Assets can be leveraged to get the end to end process mapping

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