Adding cost to asset in CIP

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 ).
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keke
Posts: 24
Joined: Mon Nov 26, 2007 12:15 pm
Location: Nigeria

Adding cost to asset in CIP

Post by keke »

Dear All,
what is the procedure to add cost an asset that has not been capitalised. That is, how do I include cost to an asset in CIP before the asset is capitalised.
thanks,
keke
oteixeira
Posts: 451
Joined: Wed Aug 27, 2008 12:34 pm
Location: Portugal

Post by oteixeira »

Hello Keke.

Create a Capitalized asset and go to Source Lines. Enter the amount in the Transfer Amount column and press the Transfer To button. Press F11, enter the CIP asset number and press Ctrl+F11. Press the Done button.

Hope tis helps.
Octavio
suryabpc
Posts: 50
Joined: Wed Mar 05, 2008 2:05 am
Location: India

Post by suryabpc »

Hi keke,

- Go to 'Asset Workbench'
- Query the asset for which you wanted to add the cost
- Click on 'Source Lines'
- Enter the amount in 'Line Amout'
- Press 'Done'

This amount will be added to Cip Asset.
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