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Assets FAQ - CIP Assets (Doc ID 956642.1)

Last updated on OCTOBER 26, 2020

Applies to:

Oracle Assets - Version 11.5.10.0 and later
Information in this document applies to any platform.

Purpose

This document explains the most Frequently Asked Questions regarding CIP Assets.

Questions and Answers

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In this Document
Purpose
Questions and Answers
 1. How to Capitalize CIP assets ?
 2. Can I Change The Asset Type from Capitalized to CIP on a New Asset Not Yet Depreciated ?
 3. How Are CIP Assets Getting Copied Into Tax Book(s) ?
 4. Is it Possible to Partially Capitalize a CIP Asset ?
 5. What Are The Journal Entries Created For Source Line Transfer Between CIP Asset And Capitalized ?
 6. When an Asset is added in as CIP and Capitalized in the same period, there are no CIP COST/CLEARING lines created why ?
 7. A CIP Asset source line cost adjustment in the Corp also updates the asset cost in Tax why ?
 8. Is it Possible to Mass Capitalize CIP Assets by Asset Key ?
 9. Can I make cost adjustment (under Books in the Asset Workbench) to CIP assets ?
 10. Can I change the existing CIP asset to Expensed Asset ?
 Still Have Questions?

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