.Issues In Asset Capitalization Process When Assets Are Transferred From Projects

(Doc ID 2374641.1)

Last updated on MARCH 16, 2018

Applies to:

Oracle Fusion Project Costing Cloud Service - Version 11.13.17.11.0 and later
Information in this document applies to any platform.

Goal

Qn1:Issues in Asset Capitalization process when assets are transferred from projects
We are creating and transferring the assets from both Projects and Payables.
Payables process is working fine, however there are issues in FA when asset is transferred from Projects.
1. We have configured TAB for FA and the expectation is that the asset category and depreciation expense account should get populated automatically based on clearing account provided. This is working fine when we transfer the invoice lines to FA and run "Prepare additions automatically", but not working for Projects.
2. Assets transferred from Projects is showing zero value at header level in Additions page. The user has to go inside and see the asset value which is not expected.
 

Solution

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