Oracle-Developer.com Forums
A forum for discussing and sharing information about Oracle technologies
 

Navigation: Home  | Discussion Forums  |  Scripts  |  About Us  | Links  | Job Openings  | Blog  
 FAQFAQ   SearchSearch   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Email your Oracle questions to webmaster@oracle-developer.com to get Oracle 11g or Oracle E-Business expert advice.

Oracle Assets Partial Capitalization of CIP Asset

 
Post new topic   Reply to topic    Oracle-Developer.com Forums Forum Index -> Oracle Apps 11i E-Business Suite
View previous topic :: View next topic  
Author Message
vj.jain
Site Admin


Joined: 10 Aug 2007
Posts: 86

PostPosted: Fri Jul 24, 2009 9:20 pm    Post subject: Oracle Assets Partial Capitalization of CIP Asset Reply with quote

Oracle Assets - Version: 11.5.10.2
Information in this document applies to any platform.
Goal
How can you capitalize a partial cost of an asset?
For example with a new Oracle Assets implementation project, you bought
100 licenses, but 25 are for Asia offices, Asia went live, but 75 of the
US licenses did not, so 25 need to be capitalized and 75 do not, but all
on one invoice line.

Solution
It is not possible to capitalize just a partial amount on one CIP asset.
The capitalization process will be for the full amount of the CIP asset at
the time of the transaction.

You should create more than one CIP asset based on how the implementations
will go-live. For example, one asset for the Asia offices (25 units), one
asset for the US offices (75 units). You should split the invoice in mass
additions prior to posting.
Back to top
vj.jain
Site Admin


Joined: 10 Aug 2007
Posts: 86

PostPosted: Fri Jul 24, 2009 9:25 pm    Post subject: Alternate Solution to Partial Capitalization Reply with quote

Unfortunately, the standard functionality does not provide for business cases when Assets are bought without knowing exactly how they will be placed into service. For example, Assets which are purchased in auctions or in a bulk purchase and worked upon in the manufacturing plant will be placed into service on a case-by-case basis. Oracle's guidance to create different CIP assets doesn't really address this scenario.

The only workaround that I know of is to retire the Original CIP asset with cost = 0, Create new CIP asset to be placed in service for partial CIP capitalization, and create another CIP asset for remaining part of original CIP asset which is not ready to be placed in service.
Back to top
Display posts from previous:   
Post new topic   Reply to topic    Oracle-Developer.com Forums Forum Index -> Oracle Apps 11i E-Business Suite All times are GMT
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Sponsored by Oracle Consulting

Copyright ©2007 Oracle-Developer.com