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Oracle Assets Partial Capitalization of CIP Asset|
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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.Oracle Assets - Version: 184.108.40.206
Information in this document applies to any platform.
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.
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.
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