Type of assets different between "Capitalize", "Charged", "PEAK".

Hi all:
I want to know the Type of different assets between "Capitalize", "Expensed", "PEAK".
My environment is: EBS 11.5.9





Concerning
Terry

Hello Terry,

Locked: Assets included on the company's balance sheet. Capitalized assets depreciate usually. Charged at a cost well clearing account.

CIP (under Construction): unfinished assets is built, not yet in use and still not be amortized. Once you take advantage of an asset of the CIP, active Oracle starts it depreciate. Charged to a clearing of the construction in progress account.

Expensed: Elements that do NOT depreciate; the total cost is charged in only one period to an expense account. Active Oracle expensed items titles, but creates no entries for them. Oracle assets do not depreciate assets was expensed, even if him depreciate check box in the books and the mass additions prepare windows is checked for this asset.

I hope this helps.
Octavio

Tags: Oracle Applications

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