Running the Express Capitalization Process
This topic discusses how to:
Review assets before express capitalization.
Initiate the Express Capitalization process.
Pages Used to Run the Express Capitalization Process
|
Page Name |
Definition Name |
Navigation |
Usage |
|---|---|---|---|
|
Manual Capitalization Review |
PC_AM_MAN_CAP |
|
Review and select assets to capitalize from a list of assets that have either the manual asset creation or the manual adjustment trigger selected. Run the Express Capitalization process to create and send PeopleSoft Project Costing assets to PeopleSoft Asset Management. |
|
Express Capitalization Process |
RUN_PC_EXP_CAP |
|
Specify run control parameters to run the Express Capitalization process, which creates and sends PeopleSoft Project Costing assets to PeopleSoft Asset Management. |
Manual Capitalization Review Page
Use the Manual Capitalization Review page (PC_AM_MAN_CAP) to review and select assets to capitalize from a list of assets that have either the manual asset creation or the manual adjustment trigger selected.
Run the Express Capitalization process to create and send PeopleSoft Project Costing assets to PeopleSoft Asset Management.
Image: Manual Capitalization Review page
This example illustrates the fields and controls on the Manual Capitalization Review page. You can find definitions for the fields and controls later on this page.
When the asset creation trigger is Manual Capitalization Review on the Asset Integration Rules page, assets that are created from project transactions must be reviewed before they are sent to PeopleSoft Asset Management. When the asset adjustment trigger is Manual Capitalization Review, asset adjustments must be reviewed before they are sent to PeopleSoft Asset Management.
On this page you can retrieve the list of assets either by selecting the My Projects option or by entering a project business unit. Click Reset to clear the search criteria.
After you select the appropriate selection criteria, click Search to display a list of assets that require a review.
| Transaction Date Override and Accounting Date Override |
Select the date type that the system uses as the transaction date or the accounting date on all assets that are processed in this run control. Available options are: Current Date: The system stamps the Application Engine processing date on all assets that are processed in the run control. Defined Date: The system uses the transaction date and accounting date that are specified on the Define Assets page as the dates for this run control. This is the default value. Note: If you select the defined date for the transaction date override, you must also select defined date for the accounting date override. This ensures that you enter an accounting date on the run control page that is later than the transaction date. Additionally, you cannot select defined date as a transaction date override, and current date as an accounting date override, when you run the integration process. Specified Date: Enter a date that the Send to Asset Management process uses to apply the appropriate date treatment to all assets that are capitalized in this run control. Note: If you override the dates at run time that deviate from the defined dates, the system updates the values on Define Assets page. |
| Asset Processing Destination |
Select the option that determines how far the asset data flows into PeopleSoft Asset Management when you click Send to Asset Management. If you require asset approval before sending assets to PeopleSoft Asset Management, the available options are: Asset Integration Rule Default Summarize If you do not require asset approval before sending assets to PeopleSoft Asset Management, the available options are: Asset Integration Rule Default Summarize Summarize and Run Interface Sum, Run and Load Transactions Asset processing destination options are discussed in the Common Elements Used to Manage Assets topic. |
| Send to Asset Management |
Click to run the Express Capitalization process based on the asset processing destination for the selected assets. |
Express Capitalization Process Page
Use the Express Capitalization Process page (RUN_PC_EXP_CAP) to specify run control parameters to run the Express Capitalization process, which creates and sends PeopleSoft Project Costing assets to PeopleSoft Asset Management.
The Express Capitalization process runs at the business unit level and performs the following:
Processes the PeopleSoft Project Costing activities whose asset integration trigger event has occurred, when the Express Capitalization process is initiated from a run control page or a scheduled process.
The process does not occur for activities with manual asset integration triggers.
Assigns the cost transactions to their respective assets, and applies the end-of-year rule for adjustments and the remaining integration rules.
Asset processing destination options are discussed in the Common Elements Used to Manage Assets topic.
Note: You can initiate the Express Capitalization process from the Manual Capitalization Review page to process PeopleSoft Project Costing activities with an asset integration trigger of manual capitalization review.
PeopleSoft Project Costing does not perform open period validation when sending transactions to PeopleSoft Asset Management.