These are four true statements about creating assets from Payable Invoice lines by using the Create

Mass Additions process. The Create Mass Additions process is a process that enables you to create

assets from invoice lines in Oracle Payables and import them into Oracle Assets. To use this process,

the following conditions must be met1:

The Payable Invoice must be validated and accounted, which means that the invoice has passed the

validation rules and has been assigned accounting entries.

The Invoice Lines must be charged to an Asset Account, which is an account that is mapped to an

asset category in Oracle Assets.

The “Track as Asset” check box must be selected for the invoice distribution lines, which indicates

that the invoice lines are eligible for asset creation.

The Payable Invoice must be transferred to General Ledger, which means that the accounting entries

for the invoice have been posted to the ledger and are available for reporting. Reference: Oracle

Financials Business Process Certified Foundations Associate Rel 1