Centralized drafting and review of uncapitalized transactions

Asset Accounting provides a centralized drafting interface that enables you to draft, review, hold, and release uncapitalized transactions across multiple asset interface controls from a single form.

This functionality simplifies Construction in Progress (CIP) job closures by eliminating the need to process each Project Interface Control separately. CIP refers to the review, reconciliation, holding, drafting, and eventual release of project costs into capital assets.

When draft processing is performed:

All qualifying uncapitalized transactions are listed together for review.
Each transaction continues to follow the validation, posting, and configuration rules of its originating Project Interface Control.
Transactions can be reviewed, summarized, or placed on hold in bulk.

This centralized view improves visibility into Work In Process balances and significantly reduces manual effort during month-end processing.