Oracle assets integration
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Oracle Assets Integration allows for the sending of purchasing, project cost, and asset cost details between Oracle modules like Purchasing, Payables, Projects, and General Ledger to facilitate the posting of construction-in-progress (CIP) costs, non-CIP asset costs, and expense clearing. Integrating Oracle Assets and Oracle Projects enables the capturing of project tasks and costs that are capitalizable to assets with assets able to be assigned to multiple or single grouping levels within a project.
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Oracle assets integration
- 1. © 2018 all rights reserved Oracle Assets Integration
- 2. © 2018 all rights reserved Oracle Assets Integration Oracle Purchasing Oracle Payables Oracle Assets Oracle Projects Oracle General Ledger Send purchasing details Send non-CIP assets Send project costs Send CIP asset costs Post invoice CIP and expensed costs Post non-invoice CIP and expensed costs Post asset costs and clear CIP accounts Send expense report costs
- 3. © 2018 all rights reserved Integrating Oracle Assets & Oracle Projects Project Top Task 2 Capitalizable Asset 3 Asset 4 Top Task 1 Capitalizable Top Task 3 Capitalizable (Common Costs) Task 1.1 Capitalizable Asset 1 Task 1.2 Capitalizable Asset 1 Asset 2 Task 2.1 Capitalizable Task 2.2 Capitalizable Task 2.3 Not Capitalizable Grouping Levels Single asset assigned to multiple grouping levels Single asset assigned to single grouping levels Unassigned grouping Multiple assets assigned to single grouping levels