Interfacing Assets to Oracle Assets
You can interface asset costs from Oracle Projects to Oracle Assets whenever you are ready and as many times during an accounting period as you wish.
Submitting Processes
When you are ready to place your CIP assets in service, you can interface the asset costs to Oracle Assets. You interface asset cost lines by running the Oracle Projects process PRC: Interface Assets. You can run this process whenever you are ready and as many times during an accounting period as you want. You can run the process for a single project or for a range of projects. You can choose to interface costs for assets that are placed in service as of a date you specify in the processing parameters.
Prerequisites
- Interface and tie back labor, usage, and miscellaneous transaction costs to Oracle General Ledger by running the appropriate streamline process in Oracle Projects.
- Interface expense report and supplier invoice costs to Oracle General Ledger by running the Payables Transfer to General Ledger process in Oracle Payables.
- If you are interfacing burdened asset costs to Oracle Assets, Interface Burden Costs to Oracle General Ledger ) by running the appropriate streamline process in Oracle Projects.
- Post all asset costs previously interfaced to the FA Mass Additions table by running the Post Mass Additions process in Oracle Assets.
- Assign the asset an appropriate in service date in the Capital Projects Workbench.
- Run the Generate Asset Lines process in Oracle Projects to create asset cost lines.
