How confident are you that you have the complete cost of a project related asset? Many believe that once an asset is placed in service that is the end of the story. However, there is more to the Oracle Project and Oracle Assets relationship after capitalization.
Projects and capitalized assets together give managers accurate and timely access to the complete cost of a project related asset. Projects is symbiotic to assets because it captures detailed activities from inception, construction, capitalization and disposal.
At Collaborate 18 (April 22-26 at Mandalay Bay in Las Vegas), I will discuss their working relationship and why it matters.
Collaborate 2018 Session: Projects and Capitalized Assets – Better Together
Guide to Oracle Cloud: 5 Steps to Ensure a Successful Move to the Cloud
Explore key considerations, integrating the cloud with legacy applications and challenges of current cloud implementations.
I invite you to attend the following Collaborate 18 session to learn more:
Projects and Capitalized Assets – Better Together
Thursday, April 26 | 8:30 – 9:30 AM
BREAKERS K | Wallace Bartlett, Sr. Solutions Architect, Oracle ERP Cloud
We’ll show you how to:
- Drive home that the projects and assets integration is a cradle to grave relationship for an asset
- Communicate that an asset build contains expense costs in addition to capitalized costs
- Project accounting adds discipline to disposal of asset and the associated costs
- Convey the value of tracking construction in process amounts
Can’t Attend?
If you are unable to attend, but would like to get a copy of any one of the session slides, please leave a comment, and we’ll ensure you get the slides after the show.
More Perficient Sessions
Our Perficient Oracle team is honored to have been invited to present on seven unique topics across multiple tracks at Collaborate 18. Learn more about all of the sessions here.
Please send me the presentation from ‘Projects and Capitalized Assets – Better Together’ session, Thank You!
Faye, thanks for your interest in this topic. It’s often overlooked but truly adds value, especially to organizations with material capex. I’ll send to your email this morning.