Guidelines for Transferring Project Assets to Another Book

Consider these points when transferring assets in Oracle Projects from one book to another:

• You can transfer project-sourced assets to another book, but you lose the link to the project. Any other cost adjustments to the asset from Projects must be posted manually.
• Once you transfer an asset from the source book to the destination book, any later cost adjustments won't be posted. For any such cost adjustments, you must post them to a separate asset in the source book. This newly created asset must be transferred separately to the destination book.
• For any later cost adjustments to a transferred asset that haven't yet been transferred to Oracle Assets, create the cost adjustment as a separate project asset and transfer the lines to Assets. Once you transfer an asset from the source book to the destination book, don't post any further cost adjustments to that transferred asset. If you've already posted a cost adjustment to Assets:
  • Record these adjustments as new fixed assets in the source book.
  • Transfer the newly created fixed asset separately to the destination book.
• For any other cost adjustments to an asset before the line is transferred into Assets:
  • Create a separate project asset for the cost adjustment.
  • Transfer that project asset's lines into Assets.
• Ensure that all the pending transactions are posted before transferring an asset to another book, because once an asset is posted, any later cost adjustments are posted in the source book as separate assets and transferred to the destination book as new assets.
• Don't transfer an asset until the tie back process is complete within Projects.