Assets FAQ - CIP Assets
(Doc ID 956642.1)
Last updated on APRIL 24, 2024
Applies to:
Oracle Assets - Version 11.5.10.0 and laterInformation 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? |