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ER: APPROVAL HIERARCHY IN ORACLE ASSETS (Doc ID 2662442.1)

Last updated on FEBRUARY 26, 2024

Applies to:

Oracle Assets - Version 12.0.0 to 12.2.9 [Release 12 to 12.2]
Information in this document applies to any platform.

Goal

 ENHANCEMENT REQUEST DESCRIPTION

==========================

Currently in Oracle Assets any person having an access to the Assets forms of Additions, reclassification retirement etc can perform the transaction without any control.
But in certain organizations like public sector, the preparer of the transaction and the approver of transaction are different.
There are more than one level approval involved in this. And therefore Fixed Assets lacks a system of approval hierarchy.
This can be incorporated either through workflow or the Approval Hierarchy system of Purchasing.

 

BUSINESS NEED
===========

Currently in Oracle Assets any person having an access to the Assets forms of Additions, reclassification retirement etc can perform the transaction without any control.
But in certain organizations like public sector, the preparer of the transaction and the approver of transaction are different.
There are more than one level approval involved in this. And therefore Fixed Assets lacks a system of approval hierarchy.
This can be incorporated either through workflow or the Approval Hierarchy system of Purchasing.

 

Solution

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In this Document
Goal
Solution
References

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