This process enables you to create periodic capital events to group project assets and costs for capitalization and retirement cost processing. You enable periodic capital event processing for a project by setting the event processing option in the Capital Information window to Periodic.
When you submit this process, Oracle Projects selects unprocessed assets and costs for capital projects based on the in-service date, expenditure item date, and project values you specify in the process parameters. The process then associates the assets and costs with the event period you specify in the process parameters. You can then submit the Generate Asset lines process to generate asset lines for the selected assets and costs.
For more information, see: Creating Capital Events.
You submit the PRC: Create Periodic Capital Events process from the Submit Request window. See: Submitting Requests.
When you submit this process, Oracle Projects calls the Capital Event Processing extension You can use this extension to automatically create project assets and asset assignments. For more information, see: Capital Event Processing Extension, Oracle Projects APIs, Client Extensions, and Open Interfaces Reference.
Event Period. Specify an event period by selecting a GL period from the list of values for the ledger.
Asset Date Through. Enter a date to specify an in-service date for capital assets, or a retirement date for retirement adjustment assets. The process selects all unprocessed assets that have an in-service or retirement date that is less than or equal to the date you specify.
Expenditure Item Date Through. Enter a date to specify an expenditure item date. The process selects all unprocessed expenditure items that have an expenditure item date that is less than or equal to the date you specify.
Project Number. To limit the process to one project, enter the project.
This process automatically generates the Create Periodic Capital Events Report. This report provides information about successfully generated capital and retirement events, and reports any processing exceptions.