ERPstuff - Oracle EBS Community

Version R12/11i? = R12
Instance PROD/TEST/VIS? = Test
Module? = Finacials
OS? = Linx86

My client provide me CIP data for asset. It contains CIP expenses and incomes.

What i know about CIP is that i have to add a CIP asset with zero value in FA module in CIP category.

Enter invoices for CIP expenses in AP (in distribution give CIP clearing A/c) and run prepare mass additon program, in FA add invoice lines to CIP asset.

IS it correct or not???

Also what to do with CIP incomes, how to reduce the CIP assets with this income.


please help on this issue

Could you provide information as to What is the CIP asset the client is using ....... When are they going to capitalise it .... Provide examples of the CIP incomes which you were telling ......

From Oracle Apps perspective ... creation of CIP asset is no different from normal asset ... be it creation through mass addition from Payables or direct manual addition in Asset module ....