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Creating CIP asset from

Hi Experts,

I am currently working on Capital Projects in Oracle Fusion and need guidance on creating Construction in Progress (CIP) assets from project costs.

Could you please help with:

  • The standard process to create CIP assets from Capital Projects
  • Required setups in Project Financial Management and Fixed Assets
  • How project costs are transferred to Assets (CIP)
  • Any prerequisites such as asset lines, asset assignments, or capitalization rules
  • Common issues or best practices to be aware of

If there are any documentation links or implementation steps available, kindly share them.

Thanks in advance for your support.

Best Regards,

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