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OAUG Asset SIG Meeting

OAUG Asset SIG Meeting. Brian Bouchard SIG Coordinator Chi-Star Technology brian_bouchard@chistartech.com http://www.chistartech.com 4901. Meeting Agenda. Greetings. OAUG Announcements. COLLABORATE Highlights:

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OAUG Asset SIG Meeting

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  1. OAUG Asset SIG Meeting Brian Bouchard SIG CoordinatorChi-Star Technologybrian_bouchard@chistartech.comhttp://www.chistartech.com4901

  2. Meeting Agenda Greetings OAUG Announcements • COLLABORATE Highlights: - Sunday, April 10th Oracle Fusion Architecture “Soup to Nuts” Part 2, 1:00pm – 6:00pm - Sunday, April 10th OAUG Welcome Reception – 21 & Legal, Grotto Pool, Peabody Hotel, 6:00pm – 8:00pm - Monday, April 11th Welcome Reception – Enjoy networking in the Exhibitor Showcase, 6:00pm – 8:00pm - Tuesday, April 12th Exhibitor Showcase Happy Hour, 5:45pm – 7:00pm - Wednesday, April 13th Women in Technology Panel, 10:30am – 11:30am - Wednesday, April 13th Universal’s Islands of Adventure Party – separate ticket required • Upcoming OAUG Conferences: • Connection Point – Release 12.1 - July 12 – 13, 2011 Westin Chicago Northwest, Chicago, IL - Call for Papers open until April 30th - Registration opened April 5th • Connection Point – Enterprise Performance Management - July 20 – 21, 2011 Hyatt Regency Bellevue, Seattle, WA - Call for Papers open until May 2nd • Connection Point – Enterprise Performance Management - November 15 – 16, 2011 Omni CNN Center, Atlanta, GA - Call for Papers is March 15th – August 1st - Registration opens August 15th

  3. Meeting Agenda OAUG Announcements • Be sure to stop by the OAUG Membership Diner located in the Exhibit Hall (Booth 1123) • Learn about all of the member benefits available to your company • Update your member profile and enter to win an iPad!!! • Create your avatar for the first Virtual User Group conference – summer 2011

  4. Meeting Agenda Agenda • OAUG Announcements • Housekeeping • Board Introductions • Board/Volunteer Opportunities • SIG Purpose • SIG Website • Improvements • Asset Presentations @ OAUG • Oracle OpenWorld 2011 • Questions & Answers • Ask the SIG • Asset Life Cycle Integration

  5. Meeting Agenda CONGRATULATIONS!2011 OAUG Certificate of Distinction Award 2 Years in a row

  6. Housekeeping Asset SIG Board Asset SIG Board Introductions: • Group Coordinator Brian Bouchard • Communication Chairperson Alla Lande • Oracle Liaison Usha Thothathri Sundar Narayanan Gary Chen • Co-Chairperson Jean Matzke • Newsletter Editor Vini Sondhi • European Chairperson Cindy Cline

  7. Housekeeping New Board will be announced in the next Asset Newsletter Board Positions: Chairperson - filled Co-Chairperson - filled European Chairperson AsiaPac Chairperson Communication Chairperson - filled Enhancement Chairperson Secretary/Treasurer - filled Newsletter Editor Asset SIG Board Opportunities

  8. Asset SIG Direction / Vision Asset SIG Purpose • Discuss Asset specific questions/issues within Oracle Assets Application • Discuss Asset specific questions/issues with integrated Applications (i.e. Purchasing, Payables, Projects, Inventory, EAM, iAssets, etc.) • Share tricks of the trade • Conduct educational presentation at semi-annual meetings • Ask the Group – ask inquiries during the year to the group for feedback • Conduct educational sessions during the year on various topics (webinars) • Highlight issues and resolutions

  9. SIG Website Asset SIG Website • url: http://assetsig.oaug.org • Download presentations • Share tricks of the trade • Issues and Resolutions • Ask the Group Q&A postings • Events – Advertise upcoming meetings • Enhancements – identify enhancements presented to Oracle

  10. Improvements Help us to improve What can we do better?: • Reaching out and getting new members • Increasing conference attendance • Change meeting to a week day session • Increase communication • Periodic Newsletter (Quarterly) • Periodic Conference Calls (Quarterly) • Website enhanced and operational • Conference door prizes / give-a-ways

  11. OOW Asset Presentations Asset Presentations at OAUG Sunday April 10 • Managing Assets in a Global Environment – 4PM in Room W313 [Session 4902] • Monday April 11 • R12 – Capitalizing Assets and Deferred Credits in Not for Profit Organization – 3:45PM in Room W313 [Session 7994] • Tuesday April 12 • OAUG Asset SIG Meeting – 8AM in Room W205A [Session 4901] • R12 – Using WebADI to Upload Oracle Assets – 10:30AM in Room W313 [Session 8000]

  12. OOW Asset Presentations Asset Presentations at OAUG • Wednesday April 13 • Collaborative SIG – Assets to Retire Fundamentals – 2:15PM in Room W315B [Session 8723] • R12 – Implementing Capital Projects and Oracle Assets – 4PM in Room W313 [Session 7976] Thursday April 14 • Back to Projects from Assets – Creating Supported Integration – 8:30AM in Room W313 [Session 7924] • Understanding Fixed Assets Key Setup Steps – 9:45AM in Room W313 [Session 4903] • Oracle Fixed Assets & Tax Requirements – a costly combination – 12:15PM in Room W313 [Session 7790]

  13. OAUG Collaborate 2011 Oracle OpenWorld Next Meeting: October 10 – 14, 2011 Moscone Convention Center San Francisco, California Topics of Interest: • Impairments • Utilizing FA Books for non asset items – like Prepaid Amortization and Deferred Liabilities • Asset Life Cycle Products – How do they integrate

  14. OAUG Collaborate 2011 OAUG Collaborate 2012 Next Meeting: April 22 – 26, 2011 Mandalay Bay Convention Center Las Vegas, Nevada

  15. OAUG Collaborate 2011 Open Discussion – Ask The SIG • 100% Bonus Depreciation • Asset Category Setups with multiple default depreciation rules • How are you implementing the bonus rule • Using Oracle 100B Methods • STL 1 Month • IFRS • Lease • Issues • Questions • Oracle Development Wants to Know • 100% Bonus – Taking in the first period versus the year • Separation of the Bonus out

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