Asset Capitalization

PeopleSoft Maintenance Management maintains assets from work order tasks and relates the assets to projects and activities. You can maintain multiple assets from a single project, or you can consolidate a single asset from multiple projects.

Each work order task can specify one asset that is being maintained, one related project, and one related activity. The task contains the transaction costs of creating and maintaining the asset. These costs flow from PeopleSoft Maintenance Management into various PeopleSoft applications such as PeopleSoft Purchasing, Payables, Time and Expense, and Inventory, and from these systems into PeopleSoft Project Costing.