Track as Asset

You can create invoices for asset items in Oracle Fusion Payables and send the invoice information to Oracle Fusion Assets. The Track as Asset option on the invoice distribution identifies which invoice to import when you submit the Create Mass Additions process.

Tip: Even if an invoice distribution is enabled for asset tracking, the distribution might not get imported into Assets. The Create Mass Additions process checks that other conditions are also met.

The Track as Asset option applies to invoice distributions with:

• Asset accounts

• Expense accounts

Asset Accounts

If you enter an Asset account type on an invoice line, the Track as Asset option is automatically enabled on the generated invoice distribution. The tracking option isn't enabled on the invoice line. If you enter an Asset account type on an invoice distribution, the Track as Asset option on the distribution is automatically enabled.

Note: If you enter a distribution set with Asset accounts on an invoice line, the tracking option is automatically enabled on the Asset account distributions.

Expense Accounts

If you enter an Expense account on an invoice line, to import the information to Assets, enable the tracking option on that line. The generated distributions are automatically enabled for asset tracking.

Note: You can manually enable the tracking option on the invoice distribution at any time before the invoice accounting entries are transferred to the general ledger.