You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Can we split and transfer with amount in Oracle fusion ppm

Summary:

The business needs to transfer costs between tasks and between Profit & Loss (P&L) and Work in Progress (WIP) accounts. This is done monthly based on the project's Percentage of Completion (POC).
o Example: If a project's POC is 60%, 60% of the cost remains in the P&L (expensed), and 40% must be transferred to a WIP account (capitalized as an asset on the balance sheet).
o The transfer must be partial and must be between specific, corresponding accounts (e.g., Manpower P&L cost transferred to Manpower WIP account, Material P&L cost to Material WIP account).

Content (please ensure you mask any confidential information):

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!