Common Elements Used to Create Procurement Contracts

Field or Control	Description
AM Unit (PeopleSoft Asset Management business unit)	Select the appropriate PeopleSoft Asset Management business unit. If this field is populated by the system, the value by default is the PeopleSoft Purchasing business unit.
CAP # (capital acquisition plan number)	Enter the CAP number that is defined for the item in PeopleSoft Asset Management. This is required only if the item is capitalized.
Capitalize	Select to designate that an item be capitalized. A PeopleSoft Asset Management business unit must be specified for this option to be selected. If the item is capitalized, it can be depreciated before being paid.
Cost Type	Enter the default cost type that is associated with the item purchase, if applicable. Cost types represent components of the cost of an asset, such as materials, labor, and overhead. For example, you can differentiate between the cost of building an asset and its market value by allocating production cost to one cost type and the profit margin to another. Cost type, in combination with asset category and transaction code, determines the accounts into which the costs are entered in the general ledger.
Profile ID	If assets are involved, displays the default asset profile ID that is associated with the items.
Qty Rcvd (quantity received)	Displays the total quantity that is received for all the lines.
Quantity	Displays the total quantity for all the lines.
Rem Rcpt Qty (remaining receipt quantity)	Displays the total remaining quantity to be received for all the lines.
Sequence	Enter the sequence number for the capital acquisition plan.
Vndr Accept Qty (supplier accept quantity)	Enter the quantity that is accepted for the receipt line.