How to Split CIP Asset at Capitalization to Different Categories

(Doc ID 2328818.1)

Last updated on NOVEMBER 15, 2017

Applies to:

Oracle Assets - Version 12.2.7 and later
Information in this document applies to any platform.

Goal

At capitalization of CIP assets business needs to split cost to various categories.  How can this be achieved?

Ex.  All Charges are collected under 1 CIP Asset in BUILDING category.
At capitalization the charges need split to 3 different Asset Categories:
Building
Equipment
Furniture & Fixtures

Resulting in 3 Asset treated under the various category defaults (method/life)

 

Solution

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