Oracle Capital Projects

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    Erin Moss

    Sue CallisonSr. Sales

    ConsultantsOracle Corporation

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    Capital

    Projects:Optimizing Asset

    DevelopmentandCapitalization

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    Objective

    To understand the Oracle capital projectsfow

    rom purchasing

    to capitalization

    to depreciation

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    Overview of Capital

    ProjectsCollect costs Place asset

    in service

    Place asset

    in service

    Enterpreapproved

    expenditures

    Enter

    Reqs/

    POs in

    PO

    Define projects

    Comprehensive online inquiry and reporting

    Identify

    usiness

    terms

    and rules

    !djustments

    Interface

    to Oracle

    !ssets

    Interfaceto Oracle

    !ssets

    Interface

    Distriute

    costs

    Interface

    Import to

    "/#

    Entersupplier

    invoices

    External

    $rans%

    Enter $ime

    &aseline

    udget

    Enter

    udget

    $rans%

    Import

    'pload

    Revie(

    ) adjust

    asset

    lines

    Revie(

    ) adjust

    asset

    lines

    "enerate

    asset

    lines

    "enerate

    asset

    lines

    Enter

    project

    Define

    assets

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    Purpose of Capital

    ProjectsUse capital projects to collect constructionin

    process (CIP) and expensed costs for assets

    you arecreating.

    These costs can include: a!or (Internal or Contract " #P$PO)

    %&uip'ent (#P$PO) Inentory

    Outside serices (#P$PO)

    Internal serice"center recharges

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    De!ne Capital Projects

    Collect costs Place asset

    in service

    Place asset

    in service

    Enterpreapproved

    expenditures

    Enter

    Reqs/

    POs in

    PO

    Define projects

    Comprehensive online inquiry and reporting

    Identify

    usiness

    terms

    and rules

    !djustments

    Interface

    to Oracle

    !ssets

    Interfaceto Oracle

    !ssets

    Interface

    Distriute

    costs

    Interface

    Import to

    "/#

    Entersupplier

    invoices

    External

    $rans%

    Enter $ime

    &aseline

    udget

    Enter

    udget

    $rans%

    Import

    'pload

    Revie(

    ) adjust

    asset

    lines

    Revie(

    ) adjust

    asset

    lines

    "enerate

    asset

    lines

    "enerate

    asset

    lines

    Enter

    project

    Define

    assets

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    De!ne a Capital Project

    Create a capital project for each assetor group of

    assets that is !eing constructed.

    Project setup de,nes:

    -hich costs are capitalied

    o* costs are su''aried to Oracle#ssets !y expenditure groupings and-/S

    -hich costs are assigned to *hich

    assets

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    Asset #rouping

    -hen assigning assets to projects or tas3syou *ill

    choose one of the follo*ing :

    Speci,c #ssets: Select this option toassociate assets *ith the project or tas3.

    Co''on Costs: Select this option to

    group projects or tas3s that capturecosts you *ant to allocate to 'ultipleassets.

    Option to send Supplier Inoice 1etailsto Oracle #ssets (New in R11i)

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    De!ne t"e Assets

    Project A

    $as*+ $as* , $as* -

    $as* ,%+

    $as* ,%+%+

    $as* ,%,

    $as* ,%,%+ $as* ,%,%,

    !sset !

    !sset ! !sset &

    !sset C

    Common Cost

    $as* ,%+%,

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    Capital Project Cost

    CollectionCollect costs Place asset

    in service

    Place asset

    in service

    Enterpreapproved

    expenditures

    Enter

    Reqs/

    POs in

    PO

    Define projects

    Comprehensive online inquiry and reporting

    Identify

    usiness

    terms

    and rules

    !djustments

    Interface

    to Oracle

    !ssets

    Interfaceto Oracle

    !ssets

    Interface

    Distriute

    costs

    Interface

    Import to

    "/#

    Entersupplier

    invoices

    External

    $rans%

    Enter $ime

    &aseline

    udget

    Enter

    udget

    $rans%

    Import

    'pload

    Revie(

    ) adjust

    asset

    lines

    Revie(

    ) adjust

    asset

    lines

    "enerate

    asset

    lines

    "enerate

    asset

    lines

    Enter

    project

    Define

    assets

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    Project Cost CollectionAccountsAccounts

    Pa$ablePa$able

    ProjectsProjects

    #eneral#eneral

    %edger%edger

    &i'es Assets&i'es Assets

    (nternet E'penses(nternet E'penses

    (nternet(nternet

    ProcurementProcurement

    (nternet(nternet

    )ime)ime

    Expense

    Hours

    Request

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    Assets Placed in Service

    Collect costs Place asset

    in service

    Place asset

    in service

    Enterpreapproved

    expenditures

    Enter

    Reqs/

    POs in

    PO

    Define projects

    Comprehensive online inquiry and reporting

    Identify

    usiness

    terms

    and rules

    !djustments

    Interface

    to Oracle

    !ssets

    Interfaceto Oracle

    !ssets

    Interface

    Distriute

    costs

    Interface

    Import to

    "/#

    Enter

    supplier

    invoices

    External

    $rans%

    Enter $ime

    &aseline

    udget

    Enter

    udget

    $rans%

    Import

    'pload

    Revie(

    ) adjust

    asset

    lines

    Revie(

    ) adjust

    asset

    lines

    "enerate

    asset

    lines

    "enerate

    asset

    lines

    Enter

    project

    Define

    assets

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    *eview and Assign Asset

    Details#sset transaction details are assigned tothe assets asde,ned in the project set up.

    5eie* for accuracy9Split into 'ultiple assets9Change the asset9Change the description

    9#ssign co''on costs to asset9#sset Client %xtension (New in R11i)

    Oerride 1efault #sset #ssign'ent

    #ssign Co''on Costs to an #sset

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    Create Capital Assets

    1e,ne capital assets in Oracle Projects+place the asset in serice and send theassociated costs as assets lines to Oracle

    #ssets.

    9Create the capital transactions9/egin depreciation

    9onitor the asset life9Transfer and$or retire

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    &alance .heet!ssets&illed !/R 'nilled !/R 0ixed assets

    CIP

    $otal !ssets #iailities

    Equity

    $otal #)E

    Process &low

    #egend#egend#egend#egend

    Capitali1ed

    asset

    amount

    Capitali1edasset

    amount

    Depreciation

    amount

    Depreciation

    amount

    PeriodicPeriodic

    Event drivenEvent driven

    Accounts

    Projects.uledger

    CIP2Eligile

    for

    capitali1ation3

    Expenses24ot eligile

    forcapitali1ation3

    "eneral #edger

    Income .tatementRevenue

    ExpensesContract costs Overhead ")!

    $otal Expenses

    4et Profit/#oss

    0ixed !ssets

    .uledger

    &alance&alance

    .heet.heet

    Income

    .tatement

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    Adjustments

    ;ou can adjust capital project expenditureite's associated *ith an asset that has!een placed in serice

    9Split or transfer costs

    95ecalculation of !urden

    9Capitaliation

    9#'ortied adjust'ents

    95eerse Capitaliation

    9#!andoning a CIP asset

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    Oracle Projects CompleteSolution

    Streamlines Complete ProjectLifecycle

    Intelligence

    People

    5oney

    Customers

    6no(ledge

    Projects

    ProjectProject

    !ccounting!ccounting

    ProjectProject

    &illing&illing

    OpportunityOpportunity

    5anagement5anagement

    ContractContract

    5anagement5anagement

    ResourceResource

    5anagement5anagement

    ProjectProject

    5anagement5anagement

    ProjectProject

    !dministration!dministration

    ProjectProjectCollaorationCollaoration

    IntelligenceIntelligence

    &ased on a

    Common

    Repository for

    ProjectsCustomersPeople

    Documents0inancials

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    Intelligence

    IntelligenceIntelligence

    5oney

    Customers

    6no(ledge

    People

    Projects

    ProjectProject

    !ccounting!ccounting

    ProjectProject

    &illing&illing

    OpportunityOpportunity

    5anagement5anagement

    ContractContract

    5anagement5anagement

    ResourceResource

    5anagement5anagement

    ProjectProject

    5anagement5anagement

    ProjectProject

    !dministration!dministration

    ProjectProject

    CollaorationCollaoration

    RecruitingContingent #aor.*ills 5anagement )

    Professional

    DevelopmentEmployment Events

    Compensation&enefits7R Intelligence

    Document RepositoryContent 5anagementPulish ) .uscrie.earch EngineProfessional

    Communities

    5ar*eting#ead "enerationi.toreOpportunity 5anagement!ccount 5anagementCollaoration

    Customer Intelligence

    !ccounting$ravel 5anagement&illing ) CollectionsPurchasing ) Payales!ssetsProperty 5anagementCash 5anagement ) $reasury0inancial Intelligence

    Oracle Projects CompleteSolution

    Fully integrated with e!usinessSuite

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