You can define asset information for capital projects.
You can define assets for capital projects to account for capital assets and retirement adjustment assets. You define capital assets to account for assets that you plan to build or place in service during the course of the project work. You define retirement adjustment assets to account for costs and proceeds of sale associated with the retirement of group assets in Oracle Assets.
In Oracle Projects, you can define all of the information that is required to classify capital and retirement adjustment assets, and interface the assets, along with the associated costs and proceeds of sale amounts, to Oracle Assets as asset lines. For information on the attributes that you can define for an asset, see: Asset Attributes.
You can define assets for a capital project in the Assets window. To access the Assets window from the Projects, Templates window, select and expand Asset Information from the list of options.
After you define a capital asset or a retirement adjustment asset for a capital project, you can assign the asset to the project level, or to one or more tasks. You assign an asset to the project or to a task to associate the asset with the underlying costs or proceeds of sale. You can assign assets to top tasks and lowest tasks.
You must enter the Asset Name you want to assign to the project or task, and specify whether you want to use a Grouping Level for Specific Assets or Common Costs. See: Assigning Assets to Grouping Levels.
To enter asset assignments in the Asset Assignments window, you must select and expand Asset Information from the list of options in the Projects, Templates window.