Oracle Projects not totaling properly after adjusts have been made 11i 11.5.10

Question

Hi Guru,
The our Oracle Projects group is in the process of cleaning up CIP balances on Projects which are left after the Project has been interfaced once to Fixed Assets. We are using the ADJUST function to clear the balances and this is working well for STATE 1 and STATE 2, but it is not working very well for STATE 3 projects. We have 6 Projects in STATE 3 which when the adjust was done, the correct amount was passed to FA but the CIP/interfaced CIP totals on the Capital screen are incorrect. A method is needed to correct the Capital CIP balance.

Answer 1

This is a very common issue.
One way to avoid this is as follows
1) Define a new item status called "Uncosted"
2) On the Item status screen (Inventory > setup > item > status code), make Uncosted item status NON-transactable.
3) Define a process where the item status changes from Uncosted to Active only after the item cost is entered. This can be done via a manual process or by a custom program that uses Item api to change the status.
Hope this helps,
Sandeep Gandhi