1. Using Joint Venture Management
  2. Import Cost Adjustments into Oracle Project Costing

Import Cost Adjustments into Oracle Project Costing

Before you import cost adjustments from Oracle Joint Venture Management, make sure that you run the Import Costs process to import cost-related transactions for your project or projects from Oracle Fusion Cloud Financials into Project Costing.

Only project accountants can run the process to import cost adjustments into Oracle Project Costing.

  1. Navigate to the Projects work area.

  2. Click the Tasks menu and select Import Costs.

  3. Complete these fields:

    • Business Unit

    • Process Mode. Select “Importing and processing transactions.”

    • Transaction Status. Select “Not previously imported.”

    • Transaction Source. Select “Oracle Fusion Joint Venture Management.”

      This is the same value that the joint venture accountant entered for the transaction source when running the “Create Project Costing Adjustments” process.

    • From Project Number

    • To Project Number

      For the preceding From and To values, enter the project number or range of project numbers that you created cost adjustments for.

    • Process Through Expenditure Item Date

    This image shows the process page with the Import Costs process selected with a Process Mode of Importing and processing transactions. The columns and the values entered for each column are described in surrounding text.

  4. Click Submit.

    This imports the cost adjustments into Project Costing. After the process completes, the Project Costing Status of the associated distributions in the Distributions work area changes to “Process complete.”

    In the Manage Project Costs work area, you can search for cost adjustments imported for one or more projects. Cost adjustments are listed as negative amounts alongside project costs, and the amount remaining, or the Total amount, represents the capitalized amount.