Example
Figure 1 - 31 illustrates an example of a capital project. All transactions on all tasks, except for Task 2.3, are capitalizable, and the following applies:
Grouping levels:
- You create asset lines for Task 1.1, Task 1.2, Top Task 2, and Top Task 3 grouping levels
- You charge expenditure items to Tasks 2.1 and 2.2, and they are grouped together into asset lines for Top Task 2
- You can charge expensed transactions only to Task 2.3, because it is not capitalizable
Grouping level types:
- Task 1.1, Task 1.2, and Top Task 2 grouping levels have a type of Specific Assets
- Top Task 3 has a Common Costs grouping level. Asset lines are created, but specific assets cannot be assigned to this grouping level
- You have to manually assign assets to the asset lines created for Top Task 3
Asset assignments:
- You associate Asset 1 with Task 1.1 and Task 1.2 (Single Asset associated with multiple grouping levels)
- You associate Asset 1 and Asset 2 with Task 1.2, and Asset 3 and Asset 4 are to Top Task 2 (Multiple assets associated with a single grouping level)
To assign assets to grouping levels:
1. Navigate to the Project window, find your capital project, and open the Projects, Templates window.
2. If the grouping level is project, choose the Asset Assignments option from the Options region.
3. If the grouping level is task, choose the Task option from the Options region. Choose the Options button from the Tasks window, and then the Asset Assignment button from the Task Options window for each task that is in a Specific Asset grouping level.
Note: You can assign assets only to grouping levels with a type of Specific Assets.
4. Choose the assets you want to assign to the grouping level.
See Also
Use Grouping Levels to Summarize Asset Costs
