Capital Projects Process
You can enter expenditure items associated with building capital assets in Oracle Projects. You also can collect supplier invoice costs for your capital projects from Oracle Purchasing and Oracle Payables into Oracle Projects. When you are ready to place the CIP asset in service, you can send the associated capitalized asset lines from Oracle Projects to Oracle Assets to become fixed assets. You use AutoAccounting in Oracle Projects to post to the appropriate CIP and expense accounts in Oracle General Ledger.
See Also
Create Purchase Orders for Capital Projects
Charge Supplier Invoice Distribution Lines to Projects
Charge Labor, Expense Reports, Usages, and Miscellaneous Transactions
Place CIP Assets in Service
Create Fixed Assets from Capital Projects
