Adjusting Capital Acquisition Plans

Once a capital acquisition plan is established, there are a variety of revisions and additions you can make. All the information originally entered can be modified, and you have the option to change the original information or leave it intact and tag your changes as adjustments. The Original or Adjustment option on the Detail page reflects your categorization options.

You may not want to keep track of text changes you make to a plan, but you probably need to maintain the history of fluctuations in estimated costs and cost limits. The CAP Summary page separates the original cost estimate and cost limit from adjustments made to these amounts, so you can see the changing financial picture at a glance. You have these options:

  • If you want the cost modifications to display separately, be sure that you select the Adjustment option on the Detail page before you enter cost information.

  • If you want to change the original cost rather than make an adjustment, leave the Original option selected on the Detail page, and access pages by using Update/Display as the action.

Note: Keep in mind that the capital acquisition pages are not effective-dated, so you need to use the Adjustment option if you want to maintain a history of the changes you make to any plans.