You can create periodic and manual capital events to control how capital project assets and costs are interfaced to Oracle Assets over time. You use capital events to group assets and costs before you generate asset lines for capitalization and retirement cost processing.
When you use periodic event processing, you submit a concurrent program that selects unprocessed assets and cost amounts for a project based on the in-service and expenditure item dates you specify in the program parameters. When you use manual event processing, you can specify the assets and costs that you want to include in the event, as well as the in-service and expenditure item dates.
When you submit the Generate Asset Lines concurrent program for a capital project that uses capital events, Oracle Projects automatically generates asset lines for all defined, unprocessed capital events.
You can specify a default event processing method for a capital project type and override it at the project level.
For information on specifying an event processing method in the Capitalization Information tab of the Project Types window, see: Project Types, Oracle Projects Implementation Guide.
To specify an event processing method for a project, select a processing method in the Capital Information window for the project. For information, see: Capital Information.
To create a periodic capital event, you must submit the PRC: Create Period Capital Events concurrent program. For information, see: Create Periodic Capital Events.
You can create capital events from the Capital Projects window.
To create a capital event:
Navigate to the Capital Projects window.
Find the capital project for which you want to define a capital event in the Find Capital Projects window.
Choose the capital project you want and choose the Capital Events button.
In the Capital Events window, select either the Capital Project Assets Workbench or the Retirement Adjustment Assets Workbench.
Insert a new row to derive the (next) sequential event number, an event name, and optionally select a different asset allocation method.
Save your work.
To select assets for the event, choose the Assets button to open the Event Assets window and choose Attach New Assets.
In the Attach New Asset window, enter selection criteria to find one or more assets to attach to the event and choose OK to return to the Event Assets window.
Note: To detach an asset after it is selected, you can deselect the Include check box for the asset line. You can detach an asset from an event if asset lines have not been generated for the event, or if all asset lines for the event are reversed.
Save your work and close the Event Assets window to return to the Capital Events window.
To select costs for the event, choose the Costs button to open the Event Costs window and choose Attach New Costs.
In the Attach New Costs window, enter selection criteria to find costs to attach to the event and choose OK to return to the Event Costs window.
Note: To detach a cost item after it is selected, you can deselect the Include check box for the cost line. You can detach a cost item from an event if it has not been generated and grouped into an asset line, or if all asset lines for the cost item are reversed.
Save your work and close the Event Costs window to return to the Capital Events window.
To generate asset lines for the event, choose Generate. For more information, see: Generating Summary Asset Lines.
You can view the status of the request in the Events window.
Note: You can optionally reverse all assets for the event by choosing the Reverse button.