What's the difference between creating manual and periodic capital events?

Capital events are created to control the transfer of capital project assets and costs to Oracle Fusion Assets. You use capital events to group assets and costs on a project before you generate asset lines for capitalization and retirement cost processing.

In periodic capital event processing, the application automatically groups assets and costs based on the asset in-service date and expenditure item date, respectively.

In manual capital event processing, you must select costs and assets and create the grouping.

The following table lists the differences between periodic capital events and manual capital events.

Periodic Capital Events	Manual Capital Events
Costs and assets are grouped periodically throughout the duration of the project.	You usually group the costs and assets at the required time within project duration.
Suitable for blanket projects that capture costs for repetitive work.	Suitable for phased projects where assets are placed in service after each phase is completed.

Note: If you do not need either periodic or manual capital event methods, you can define the capital event processing method as None, where assets are placed in service only at the project completion. Grouping levels defined for the project is valid for the life of the project.

Grouped costs are automatically allocated to assets based on the asset cost allocation method associated to the project for both periodic and manual capital event processing. You can override it at the capital event level.