Capital Planning Admin Guide

This guide is an addition to the Planning Admin Guide. It provides information specific to setting up Capital Planning only. It should be used as a supplemental guide to the Planning Admin Guide.

Capital Planning provides functionality to budget and forecast for capital expenditures. You'll start by adding assets to Planful, categorizing those assets, and creating finance modes with time sets. Then, you'll create Capital templates, which are used for entities with new assets and the depreciation and accumulation amortization on existing assets. Capital Budgeting allows end-users to budget for capital assets and expenditures. A Capital Budget consists of the total costs and maintenance fees planning for your company's fixed assets.

To set up Capital Planning, you'll need to:

• Complete the Define Capital Budgeting Criteria configuration task

• Complete the Define Budget Parameters configuration task to set up time sets (optional-based on need)

• Add Asset Categories

• Add Assets

• Add Finance Modes

• Set up Finance Mode templates

• Set up Capital Templates

• Map Capital Templates to Scenarios and Budget Entities (to make them available in the Planning Control Panel)