Run Periodical Capitalization
Explanation
This activity is used to calculate and post periodical
capitalization for all
or selected projects
with the Active or Partially Completed status and
the Capitalization Posting Method Periodical.
Prerequisites
- The procedure for Periodical Capitalization
and Revenue Recognition (PCRR) must have the
Defined/ PartiallyCapitalized status.
- Any previous PCRR procedures for the same ledger
selection must
have the Posted/Closed status.
- At least one project must have the Active
status, and capitalization posting method Periodical.
- All vouchers for this project must be
updated to the General Ledger (and updated to Internal Ledger if
Separate GL/IL Rules in use).
- Periodical Capitalization Information must be
completed with default voucher type information.
System Effects
- The Periodical capitalization vouchers will be created for
the selected projects that are set up for periodical capitalization. The period
capitalization and revenue recognition status
of the projects will be changed to Capitalized.
- If you have selected only part of
projects/ project groups with periodical capitalization data set up to run
periodical capitalization, the procedure status will be changed to Partially
Capitalized. Once all projects/ project groups with periodical
capitalization data set up are selected to run periodical capitalization, the
procedure status will be changed to Capitalized.
- If the selected project does not require periodical capitalization for the selected period and
ledger, status will still be changed to Capitalized
without creating a voucher and Empty
Capitalization check box will be updated.
Window
Periodical Capitalization and Revenue
Recognition Project
Related Window Descriptions
Periodical
Capitalization and Revenue Recognition Project
Procedure
Use the following procedure to run periodical capitalization from the Periodical Capitalization and Revenue
Recognition Project window:
- Open the Periodical Capitalization and Revenue
Recognition window.
- Select the procedure, right-click and then
click
Periodical
Capitalization and Revenue Recognition Project.
- Select the
project/(s) with status Defined, right-click and then click
Run Periodical Capitalization.
Note: It is possible to run periodical capitalization of all projects
with Defined status at once by using header level options in the
Periodical
Capitalization and Revenue Recognition Project window.
- Select the voucher type and confirm the information.