Cost Adjustments to Capitalized and CIP Source Lines
When you transfer source lines you adjust the recoverable cost of an asset. Because CIP assets do not depreciate, Oracle Assets does not need to reverse depreciation expense when you transfer invoice lines between CIP assets. If you transfer source lines from CIP to capitalized assets, Oracle Assets takes catchup depreciation as for any cost adjustment transaction. If you transfer source lines from capitalized to CIP assets, Oracle Assets must back out some of the depreciation from the capitalized asset.
Transfer Source Lines Between Assets (Prior Period)
Oracle Assets creates the following journal entries for an source line transfer between capitalized assets added in a prior period.
Transfer Source Lines Between Assets (Current Period)
Oracle Assets creates the following journal entries for an source line transfer between assets added in the current period:
See Also
Changing Invoice Information for an Asset
