CIP Cost (Cost In Process) Is Not Getting Derived Correctly From Asset Category Account (Doc ID 2233759.1)

Last updated on JULY 24, 2023

Applies to:

Symptoms

• CIP Cost (Cost In Process) is not getting derived from Asset category Account as expected.
• Both CIP Cost Account and CIP Clearing Account must be taken from Asset Category

Steps to reproduce:
1. Book costs on Capital projects - e.g. Supplier Invoices and Miscellaneous Costs
2. Define capital assets and generate the asset line cost.
3. Once the process completes, CIP Cost Account derives automatically. This account is incorrect and not same with the account mentioned in Asset category.

Cause

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