Capital Information

Use the Capital Information window to define attributes that control calculation of capitalized interest, allocation of unassigned and common asset costs, and the creation of capital events.

Capitalized Interest

The following fields relate to capitalized interest:

Capital Interest Schedule: This field displays the default capitalized interest rate schedule from the project type, if any. If the Allow Override option is enabled for the project type, then you can update this field and specify a different rate schedule for the project.

Allow Capital Interest: When this check box is selected, the project or task is eligible for capitalized interest calculation. Oracle Projects generates interest transactions when all other criteria, such as thresholds, are met. If the check box is unchecked, then the project or task is always excluded from capitalized interest calculations, regardless of other criteria.

Capital Interest Stop Date: You can optionally specify a date for a project or task beyond which capitalized interest is not calculated. When determining whether to calculate capitalized interest, the capitalized interest generation process compares the date in this field to the GL period end date for the interest run.

Note: Changes to task settings do not cascade down to any lower-level tasks. Therefore, to affect capitalized interest calculations, you must update capitalized interest attributes at the lowest task level where expenditures are entered.

Asset Processing

The following fields relate to asset processing. You can update these fields at the project level only.

Asset Cost Allocation Method: This field displays the default asset cost allocation method from the project type, if any. You can specify a different method for the project. You can select one of several predefined asset cost allocation methods to specify how Oracle Projects automatically distributes indirect and common costs across multiple assets.

Event Processing Method: This field displays the default capital event processing method for the project type, if any. You can specify a different method for the project. You can designate whether to use periodic or manual capital events to control how assets and costs are grouped over time.

Other Sources

Related Topics