.Issues In Asset Capitalization Process When Assets Are Transferred From Projects
Last updated on MARCH 16, 2018
Applies to:Oracle Fusion Project Costing Cloud Service - Version 188.8.131.52.0 and later
Information in this document applies to any platform.
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.
Sign In with your My Oracle Support account
Don't have a My Oracle Support account? Click to get started
Million Knowledge Articles and hundreds of Community platforms