Capital Projects

Hello All
Can some one clarify if a contract project can be treated as a Capital project as well, like have cotract project with the asset information and to be able to tranfer cost into asset
Business needs system to be able to support the billing fundtionality on their contract projects, though it capital project in course of project there might be a need where they capitalize some cost.
Would highly appreciate your inputs
Thanks

Veda wrote:
Hello All
Can some one clarify if a contract project can be treated as a Capital project as well, like have cotract project with the asset information and to be able to tranfer cost into asset
Business needs system to be able to support the billing fundtionality on their contract projects, though it capital project in course of project there might be a need where they capitalize some cost.
Would highly appreciate your inputs
ThanksHi,
You can look at the allocation functionality. Lets say you have the source project as Capital project and the destination project as Contract Project. You can allocate the amount you want to bill the customer by transferring the cost from the capital project to the contract project. You can also look at the allocation client extension to define your custom allocation logic.
This way you may achieve both the functionality.
Thanks,
Sathish Raju
www.projectsaccounting.com

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