Capital acquisition plans
As we briefly discussed earlier, capital acquisition plans are important to plan future asset acquisitions. We link them to assets once they are acquired to track the planned asset costs with the actuals. PeopleSoft allows us to create individual capital acquisition plans as well as high-level plans with multiple subsidiary plans for complex acquisitions.
Follow this navigation to create a new capital acquisition plan:
Asset Management | Asset Transactions | Capital Acquisition Planning | Create (CAP) Plan
The following screenshot shows the Details tab of the page:
CAP Class: This field shows the PeopleSoft delivered options New, Necessity, Cost Reduction, and Expansion. When we create a new plan, the status has to be New.
CAP Details: As you can see, the given plan has more than one entry, as we need to purchase two assets.
O riginal/Adjustment Switch: When a new plan is created, the value in this field must be Original. If we modify the existing plan, it...
