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.