This activity is used to define the periods and ledger for which periodical capitalization and revenue recognition will take place. Each new line is given a system generated serial number as a Procedure ID. Periodical capitalization is an optional process activated by Capitalization Posting Method specified on the project. Multiple records can be created for the same period if used with different ledger selections.
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All projects qualified for periodical capitalization and revenue recognition will be loaded to the Periodical Capitalization and Revenue Recognition Project window for the defined period and ledger.
Periodical Capitalization and Revenue Recognition
Periodical Capitalization and Revenue Recognition
If there are no projects set up to use Separate GL/IL Rules, use following steps:
If there are projects that use Separate GL/IL Rules, two additional rows can be defined for the same period with the following ledger settings: