How Capitalized Interest Rate Schedule Components Work Together

Capitalized interest rate schedules help you maintain the interest rates at the organization level. If the capitalized interest rate is not defined for the organization, the application automatically uses the next higher-level organization in the organization hierarchy.

Capitalized Interest Rate Schedule Components

The following components work together to define a schedule for capitalized interest rates. Provide the rate schedule attributes and then build new multipliers for the version to take effect. You can assign the interest rate schedule to a project type and allow the override of the assigned capitalized interest rate schedule at the project level.

Rate Schedule Components	Description
Default Organization Hierarchy	Organization hierarchy to assign rates to organizations. If there is no rate for an organization, the capitalized interest calculation uses the rate for the next higher-level organization in the organization hierarchy.
Hierarchy Version	The default version of the organization hierarchy to be applied to the schedule.
Hierarchy Start Organization	Start organization to indicate which branch of the organization hierarchy is used as the top of the hierarchy for assigning capitalized interest rates to organizations.
Hold from Build	Select this option to prevent the rate schedule version from being built, if version is not yet ready for the build.
Rate Multipliers	Specify rate multiplier for an organization and capitalized interest rate combination. Optionally, copy multipliers from other schedule version to this version and use it.

To delete an interest rate schedule, you must build the schedule and then delete it.