Interfacing asset and project capitalization by group

Use this procedure to identify costs that are related to a project and use them to create new assets and to adjust existing assets.

  1. Select Conversion And Interfaces > Project Asset Interface.
  2. Select Company or Company Group, but not both.
  3. Select Project or Project Group, but not both.
  4. Specify this information:
    Posting Date
    Select a date to assign to the resulting transactions.
    Include Repairs
    Optionally, select this check box to include repairs.
    Repair Date
  5. Click Submit.

    The Project Interface Control record is updated to show the asset.

    Records from the Draft Interface Records tab are now available in the Asset Interface Records tab.