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This discussion is archived
: Apr 23, 2012 7:18 AM by
Projects and Fixed Asset Integration
Apr 18, 2012 3:06 AM
I have Capital Project with $1500 as cost against the asset 1 , Using Capitalization Transfered the cost to Fixed asset and Posted or Capitalized.
Again if have invoice or Cost $500 as a cost against the asset 1 , System will allow to capitalize again as mass addition functionality .
here with current client they want to capitalize the asset before they receive all the invoice , so that they can start depreciation .
After captialzation , they receive another invoice coming months , they wanted that cost should add to the same asset which is capitalize from projects to fixed asset.
we are with R12.1.3 version. Can any one confirm that , we can add additional cost to the existing asset , even after captialization is done.
Edited by: user3944057 on Apr 18, 2012 1:05 AM
This content has been marked as final.
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Re: Projects and Fixed Asset Integration
Apr 23, 2012 7:18 AM
in response to
Please use "Date Place in Service", so that you can start incurring 'Depreciation". You can always incur expenses on the running Asset.
Raghavender Rao K