Depreciate an Asset which has been installed in a Customer Party Site
Our client is a tv cable service provider, so cable decoder devices are installed in client's sites, but these decoders are still our client's property (Assets). These deocoders are setup as depreciable items, so, they are transferred to OFA mass Additions from the very moment of their reception in Inventory. This is because, our client want these type of equipement to be charged into a CIP account while in inventory. (We do not have Oracle Projects as part of our scope).
When these decoders are installed into the customer site, they have to be capitalized, and initiate to depreciate.