Why does my asset cost appear as zero in Oracle Assets?

The cost of an asset transferred from Projects will display as zero if the value of the Actual In-Service Date defined in Projects is not open in Oracle Assets.

You will need to enter an actual in-service date in Projects that's on or before the open period defined in Oracle Assets. You may be able to update the asset with a pro-rate convention that would accommodate the actual in-service date.

Please keep in mind that you must follow the Generally Accepted Accounting Principles (GAAP) defined within your organization.