change expenses asset to captiliaze asset

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
Post Reply
eswar_chinni
Posts: 32
Joined: Mon Mar 12, 2007 4:08 am
Location: India

change expenses asset to captiliaze asset

Post by eswar_chinni »

how to change from an expensed to captialize asset
ramu.parepalli
Posts: 31
Joined: Sat Mar 17, 2007 1:16 am
Location: India

Post by ramu.parepalli »

Expenses cannot be Capitalized in Fixed Assets.

It can be done only when your Expense Account Segment Qualifier is Asset.

Transfer the Expense Asset from AP using Mass Additions Create Program to Assets.

In Assets, Prepare Mass Additions, Post Mass additions using Capitalize CIP Asset.

Team, Plz correct if i am wrong.

Regards,
Ram
Post Reply

Who is online

Users browsing this forum: Ahrefs [Bot] and 1 guest