Interface Assets use Default Liability Account Instead of the Asset Clearing Account (Doc ID 1593573.1)

Last updated on AUGUST 25, 2016

Applies to:

Oracle Project Costing - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

 Assets interfaced from Oracle Projects uses default liability (clearing) account instead of the asset clearing account.
After running... Generate Asset Lines; Interface Assets to Fixed Assets; Post Mass Additions; Create Accounting - Assets;
The journals are hitting wrong account which is the trade payable liability account instead of the asset clearing account.


Cause

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