Project Capital Events

Hello Gurus
I am not able to comprehend the need/benefits of using Capital events and under what scenarios they will be used.
If you guys can shine some light on this, I would really appreciate it.
Regards
J

Hi
When the company take a loan to fund the purchase or building of a high value asset it may need to include the finance expense as part of the capitalizable costs for that asset.
Capital events are transactions created on a capital project and represent the cost of paying interest to the lending bank.
Dina

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