Run Periodical Capitalization
Explanation
This activity is used to calculate and post periodical
capitalization for all
the projects
with the Active or Partially Completed status and
Capitalization Posting Method Periodical.
Prerequisites
- The procedure for Periodical Capitalization
and Revenue Recognition (PCRR) must have the
Defined 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
Periodical capitalization voucher will be created for
all projects that are set up for periodical capitalization. The procedure status
will be changed to Capitalized.
If the procedure cannot find any
project that require periodical capitalization for the selected period and
ledger, procedure status will still be changed to Capitalized
without creating a voucher. Procedure will be marked as a Empty
Capitalization.
Window
Periodical Capitalization and Revenue Recognition
Related Window Descriptions
Periodical Capitalization and
Revenue Recognition
Procedure
- Open the
Periodical
Capitalization and Revenue Recognitions window.
- Select the periodical capitalization and revenue
recognition process for the selected period and ledger, right-click and then click
Run Periodical Capitalization.