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Question

project capitalization and retain some cost - ex maintenance in the P&L.

  • June 6, 2024
  • 0 replies
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Hi Team,

 

We use a project to collect costs for Assets Under Construction, then capitalize to an Object when asset is built and in use. 

 

The question is that I want to use Project Costs to track pure profit and loss expenditure on particular types of Maintenance spent when we are fixing machines.  We want to collect it and track via Project Code but we do not want to capitalize, purely for tracking and reporting purposes.

 

Best regards,
Ken