Configuring Capital

Perform this task after you’ve enabled Capital features.
  1. From the Home page, click Application Application icon, and then click Configure Configure icon.
  2. From the Configure list, select Capital.
  3. Perform all mandatory tasks. Perform the optional tasks required for your business. Use the Filter to check the status of configuration actions. Use Actions Actions to update task status.
    You must add asset classes (and intangible assets if intangible assets are enabled) from provided members or by importing them from a file. This is required to load dashbaords and forms.
    For information on formatting import files, see Importing Data.
  4. After configuring, and any time you make changes in configuration or import metadata, refresh the database. From the Configure page, select Refresh Database from the Actions menu. Click Create, and then click Refresh Database.

Table 8-3 Configuring Capital

Configure Description
Entities

Import Entities.

Import the Entity dimension members that reflect your business hierarchy, such as departments, cost centers, and business units.

Select the location of the file containing the members (Local or Planning inbox), click Browse to find the file, specify the file type, and then click Import.

Note:

Entities are common across modules, so import all entities together.

Assets

Set up asset classes.

Add or import tangible asset class members. You can select from the defined lists of asset class or add your own custom asset class. The Asset Class dimension details the categories of assets that a company owns.

See Adding and Managing Accounts and Drivers.

Intangible Assets

Set up intangible assets.

Add or import intangible asset class members. You can select from the defined lists of asset class, add from a Smart List, or add your own custom asset class. The Asset Class dimension details the categories of assets that a company owns.

See Adding and Managing Accounts and Drivers.

Expense

Configure expense accounts by selecting the defined artifacts to manage.

You can remove expense accounts for Capital, but you can’t add or import them.

See Adding and Managing Accounts and Drivers.

Asset Details

Import asset details.

Import asset details into the Asset Detail dimension, which is used to track the details of an asset as an individual asset or a group of assets, depending on the requirement. An asset can be New Owned, Existing Owned, New Leased, or Existing Leased.

For more information, see Importing Data.

Planning and Forecast Preparation

Set the timeframe and granularity for plans.

Configures the timeframe, the starting period, and the level of granularity for planning and forecasting. Gives you the ability to plan and forecast on a different basis for different years.

See Capital Planning and Forecast Preparation.

Expense and Cash Flow Assumptions

Set up assumptions for tangible asset expenses, depreciation and amortization, and funding assumptions. Used as drivers for expense calculations for Tangible Assets.

You can only remove predefined expense assumptions; you can’t add or import new ones.

See Adding and Managing Accounts and Drivers.

Assumptions for Intangibles

Set up assumptions for depreciation method and convention, useful life, and cash flow and funding assumptions. Used as drivers for expense calculations for Intangible Assets.

You can only remove predefined expense assumptions; you can’t add or import new ones.

See Adding and Managing Accounts and Drivers.

Global Assumptions

Set exchange rates.

Enter foreign exchange rates in a multicurrency application. See Setting Global Assumptions: Exchange Rates.

Map Capital Accounts to Financials

Map asset accounts from Capital to Financials accounts to allow for integration and movement of data from detail assets in Capital to account level in Financials. For each asset account, select the corresponding Financials account from the Smart List.

Select the horizontal tabs to map assets for Tangible Assets, Intangible Assets, and Lease Assets.

Available only if Financials is enabled.

Import <customName Dimension>

Import <customName Dimension>.

Import members to populate the <customName Dimension> dimension. Use if you enabled a custom dimension.