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How to create mass addition for CIP assets?

edited Jun 27, 2024 3:33PM in Assets 1 comment

Summary:

Dear All,

Thank you for your help!

I'm seeking information on the process for mass transferring Construction in Progress (CIP) assets from Accounts Payable (AP) invoices to the Fixed Assets (FA) module.

Clarification:

My understanding is that asset capitalization typically involves setting up the asset clearing account and selecting the "Track as Asset" option before creating mass additions. However, I'm unsure if this approach applies to the specific case of transferring CIP assets.

Request:

Could you please confirm if the standard asset capitalization process is suitable for mass transferring CIP assets? If not, could you point me towards any relevant documentation outlining the recommended steps? and how we can identify them from other assets?

Tagged:

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