The Interface Assets process sends capital asset lines to Oracle Assets to become fixed assets. This process also sends retirement adjustment asset lines to Oracle Assets to become group retirement reserve adjustments. The process creates one mass addition line in Oracle Assets for each asset line in Oracle Projects, assigning the asset information you entered for the asset to the mass addition line in Oracle Assets.
The process interfaces both ledger currency amounts and reporting currency amounts for the asset lines to Oracle Assets. For information on how Oracle Projects determines the reporting currency amounts for the asset lines, see: Generate Asset Lines.
You use the Submit Request window to submit the PRC: Interface Assets process. See: Submitting Requests.
When you submit this process, Oracle Projects calls the Depreciation Account Override extension. You can use this extension to define your own logic for deriving the depreciation expense account assigned to a project asset. For more information, see: Depreciation Account Override Extension, Oracle Projects APIs, Client Extensions, and Open Interfaces Reference.
From Project Number / To Project Number. Enter the range of project numbers that you want to include. See: Entering a Project Number Range Parameter.
Date Placed in Service Through. Enter the asset in service/retirement date up through which you want to process costs.
The following reports show you the results of this process. These reports show amounts in the project currency.
Interface Assets Exceptions. The Interface Assets Exceptions Report indicates which asset lines were not sent to Oracle Assets for the selected projects, and why each one was rejected. Rejection reasons include:
Date placed in service belongs to a future Oracle Assets period
Asset not created in Oracle Assets (You have not yet posted the mass addition asset line from Oracle Projects) to Oracle Assets
Interfaced Assets. The Interfaced Assets Report displays the following:
The count of asset lines, and the sum of the interfaced assets, for each project and successfully interfaced asset
The subtotal for each project
The overall total