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Generating Summary Asset Lines

The Generate Asset Lines Process creates summarized asset lines from those capitalizable expenditure items on tasks assigned to an asset with an actual date placed in service. Oracle Projects summarizes the lines based on the grouping level and the grouping method you choose for the project.

In addition, you use the Grouping Level to determine at what WBS level you summarize the costs. For example, you can summarize asset costs at the project, top task, or lower task levels. See: Using Grouping Levels to Summarize Asset Costs.

The AutoAccounting rules you define for CIP costs also influences the amount of summarization. Oracle Projects creates asset lines by summarizing by grouping level, grouping method, and CIP account.

Mapping Costs to Assets
Number of assets assigned to a grouping level Expected Results after Running Generate Asset Lines Process
One asset assigned to a grouping level All detail costs charged to that level are automatically mapped to that asset.
More than one asset assigned to a grouping level, only one asset is placed in service Asset lines created for all capitalizable costs, but no assets will be assigned to the lines
The cost distribution is for purchased goods from a purchase order which has an inventory item with a default asset category Detail will be mapped to the single asset that matches the default asset category for that grouping level.
More than one asset has the same asset category as the default asset category for a purchased item Asset line created and asset category assigned, but the asset line will not be assigned to an asset automatically


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