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

1. Open the Periodical Capitalization and Revenue Recognitions window.
2. Select the periodical capitalization and revenue recognition process for the selected period and ledger, right-click and then click Run Periodical Capitalization.