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Asset Capitalisation and Retirement Processs in Projects

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Asset Capitalisation and Retirement Processs in Projects

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Hi Team ,

For Asset Capitalisation, When assets are ready to place in service , the CIP assets were transferred to FA , Run mass addtion process in FA, Tie back the asset information to projects.

1) Similarly, Is there any process to capture Retirement of asset process in Projects module. as per my knowldege retirement of assets will be done in FA.?

2) Do we have an option to assign an asset from FA back to a cip project?

please advise if any process .


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