Define Capital Budgeting Criteria
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Define Capital Budgeting Criteria
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This is required if you are performing Capital Budgeting within Planful.
The Define Capital Budgeting Criteria task must be completed before anything else. Navigate to the Configuration Task List page by selecting Maintenance > Administration > Configuration Tasks and clicking the Define Capital Budgeting Criteria task.
Here, you will define attributes used when adding Capital templates. The attributes set up here will determine the input for the attribute columns on the Finance Mode - Setup page (Maintenance > Capital Planning > Asset Setup > Finance Mode > Setup).
The section below provides information on each of the fields on this page.
Attribute Columns
Attribute columns are used to input the information related to the account/line, and these values can be used in the template calculations. Select the number of attribute columns needed on the Capital Input Template. You can define up to 10 per template.
Six attributes are provided by default. Users cannot add or edit these attributes once a Capital Template Finance Mode is defined.
- Purchase Month
- Depr. Start Month
- Units
- Rate
- Amount
- Asset Life
Note:
Attribute columns can be used as input for entering user-defined drivers, which may be used in template calculations.
Header
Enter the name of the attribute column. This is the name that will appear on Capital Templates.
Align
Select cell alignment. For example, you might select to center the cell contents.
Width
Select the width of the column.
Format
Select a format for the column. For example, if you plan to enter percentage values in the attribute column, set the format of the column to Percent. Alternatively, by selecting Row Format, the format used for the template line will be applied, which allows attribute values with varying formats.
Decimal
Select the number of decimals you want to associate with the cell values. For example, if you select 2, the cell value will be: 00.00
Formula
Enter the formula you want to associate with the column.
Life
Select to identify a column to denote the asset's useful life (service life). Only one attribute can be marked for this purpose. This information will be used to calculate the depreciation associated with the asset.
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