Oracle Assets Integration allows for the sending of purchasing, project cost, and asset cost details between Oracle modules like Purchasing, Payables, Projects, and General Ledger to facilitate the posting of construction-in-progress (CIP) costs, non-CIP asset costs, and expense clearing. Integrating Oracle Assets and Oracle Projects enables the capturing of project tasks and costs that are capitalizable to assets with assets able to be assigned to multiple or single grouping levels within a project.

1. © 2018 all rights reserved
Oracle Assets Integration

2. © 2018 all rights reserved
Oracle Assets Integration
Oracle
Purchasing
Oracle
Payables
Oracle Assets
Oracle Projects
Oracle
General Ledger
Send purchasing details Send non-CIP assets
Send project costs
Send CIP asset costs
Post invoice CIP and expensed costs
Post non-invoice CIP and expensed costs
Post asset
costs and
clear CIP
accounts
Send expense report costs

3. © 2018 all rights reserved
Integrating Oracle Assets & Oracle Projects
Project
Top Task 2
Capitalizable
Asset 3
Asset 4
Top Task 1
Capitalizable
Top Task 3
Capitalizable
(Common Costs)
Task 1.1
Capitalizable
Asset 1
Task 1.2
Capitalizable
Asset 1
Asset 2
Task 2.1
Capitalizable
Task 2.2
Capitalizable
Task 2.3
Not Capitalizable
Grouping
Levels
Single asset assigned to
multiple grouping levels
Single asset assigned to
single grouping levels
Unassigned
grouping
Multiple assets assigned to
single grouping levels