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/ Partially Capitalized 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 is 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 option will be updated.