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Creating a Capital Asset in Oracle Projects

Create a capital project to collect construction-in-process (CIP) costs you want to place in service and send to Oracle Assets to become fixed assets.

You create an asset in Oracle Projects for each CIP asset you want to place in service. You generate summarized asset lines for each asset, which you can interface to Oracle Assets when the asset is ready to be placed in service.

You can copy a capital project and its assets to create a new project.

Figure 1 - 26 illustrates the capital projects flow in Oracle Projects before you send capitalized asset lines to Oracle Assets.

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