How to create Capital Project and import cost in Oracle Fusion R13|PPM Flow| Oracle Cloud ERP

How to create Capital Project and import cost in Oracle Fusion PPM R13|PA to FA Flow| Oracle Cloud
#oracle_cloud, #oracle_fusion_ppm
Oracle Cloud Financial
Oracle Fusion Project Portfolio Management?
how to create a Asset Line in Oracle Fusion?
How to do cost collection for Capital Project in Oracle Fusion?
How to add asset lines in capital project in oracle Fusion PPM?
Complete steps for PA to FA Flow
Steps PA to Asset flow
1 Complete the required setup setup if FA module
2 Complete the required setup setup in PA module
3 Create a Capital project
4 Create Capital Asset for Capital project in PA
5 Collect cost against this Project
6 Import and process cost to the Project
7 Go to manage Project cost to review the cost imported in to the project
8 Post the transaction to ledger
9 Review Accounting
CIP Cost dr
CIP Clearing cr
10 Decide if you want to assign cost at Project Level or specific Task level
Common cost
Specific Cost
11 Assign Asset to the Task or Project
12 Change the Project Asset type from estimated to As-Build
13 Update the date place in service
14 Generate Asset line
15 Run update project performance program
17 Review Project Performance
18 Transfer Asset Line to Fixed Asset Module
19 Review the asset created in FA module
20 Post the asset in Oracle FA
21 Tieback the Asset info to PA module

[rkv]

Really the best way of teaching with an example. Clear, concise and well explained

[RamaKotiMaddhireddy]

Nice Video. Well explained step by step

[gauravagrawal]

Hello @mytechno I have created a project with 3 asset lines in manage capital asset and have not assigned the lines, on which line will the cost be booked when import cost is processed.

[shenelifernando]

Hi,
Thank you for the informative video.
I have a concern. In our case, there are supplier invoices raised during the project with regards to certain costs which are categorized as CIP. At the point of invoice entry, we enter the project number along with the tasks. Accounting entry is CIP clearing Dr and Liability of Supplier Cr. When running mass addition, these lines will be transferred to FA. However, if this has been imported to Projects and transferred from there to FA, there will be a duplication right? How can we process that?

TIA

[nitinbansal]

Hi, very informative video. Just wanted to understand how to process Intercompany scenario for capital projects.

[MRA]

Sir, its one of the best presentation step by step. But you have created one Asset Vehicle2 but not added any cost there and capitalized. How to transfer that asset ?

[muralidhar]

Hi Sir, How to check whether the Assets are capitalized for a particular project and If capitilized what is holding value in that table? Please suggest

[sreekanthreddyjinkala]

Could you please tell me which Roles need to be assigned for the user to get the Project screen option in oracle fusion?

[venugopalreddy]

Hi Sir, Teaching way is good, but video resolution is very low. Picture quality is very low

[muralidhar]

Hi Sir, After changing Estimated to As built and While giving in-service date, I am getting a warning message "The asset can be rejected during the transfer process because the in-service date of the Asset is in future period of Oracle Fusion Assets".

[jayakrishna]

It was a great video and am elated when saw your videos unconditional knowledge providing. Sir, could I get your mail-id.