Run the Interface Assets process to send valid capital asset and retirement adjustment asset lines to Oracle Assets. Then, in Oracle Assets, you can review the mass addition lines created from the project asset lines in the Prepare Mass Additions window. For Oracle Projects to send asset lines to Oracle Assets, the asset line must meet these specific conditions:
The actual date in service or retirement date must fall in the current or a prior Oracle Assets accounting period
A capital asset or retirement adjustment asset must be associated with the asset line
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 in Oracle Projects to the mass addition line in Oracle Assets. You use the Mass Additions process in Oracle Assets to prepare and post these mass additions. If you did not enter all required asset information in Oracle Projects, you must enter it for the line in the Prepare Mass Additions window before you can post it.
The process PRC: Interface Assets to Oracle Assets interfaces both ledger currency amounts and reporting currency amounts for the asset lines to Oracle Assets. For information on how Oracle Projects determines reporting currency amounts for asset lines, see: Generate Asset Lines.
In Oracle Assets you can query and review assets posted to Oracle Assets by project number and task number in the Financial Inquiry window.
Prerequisite:
If you are sending cost adjustments for an asset from Oracle Projects to Oracle Assets, ensure that the original mass addition was posted to Oracle Assets. If the mass addition has not become an asset, the Interface process will reject the adjustment line.
To send asset lines for a range of projects:
Choose PRC: Interface Assets process in the Submit Request window and enter the project or range of projects, and the date placed in service/retirement date up to which you want to process capitalized costs. Choose Submit to start the process and run the Interface Assets Report.
Other Sources
Overview of the Mass Additions Process, Oracle Assets User Guide
About the Mass Additions Interface, Oracle Assets User Guide
Mass Additions Reports, Oracle Assets User Guide