Oracle Project Costing
Oracle Project Costing provides you with the ability to define projects, work breakdown structures, and budgets; record and report costs against projects; and integrate with other Oracle Applications, including Oracle Purchasing, Oracle Payables, Oracle General Ledger, and Oracle Assets to account for costs.
With Oracle Project Costing, you can:
- Enter projects and tasks. You can define chargeability control to limit charges to your projects and tasks
- Enter cost budgets and baseline them
- Track committed costs of requisitions, purchase orders, and supplier invoices
- Record detailed cost transactions for timecards, expense reports, asset usage, and supplier invoices. You can let your project managers and staff enter their timecards and expense reports directly for online approval using Oracle Personal Time and Expense or in pre-approved batches
- Interface costs between other Oracle Applications while maintaining a detail audit trail
- Collect CIP costs and interface asset costs to Oracle Assets when you are ready to place the asset in service
- Report project status online and in reports
