Discussions
How to handle CIP - Construction in process ASSETS?
we could not find the functionality of tracking the CIP assets in FAM
we need to build the many CIP assets over time, may be more than year and capitalize / depreciate them upon completion
is there a way to record/accumulate the cost of construction as it happens on daily basis. upon the CIP asset is completed , we should be able to capitalize/depreciate them as a parent/group asset,
any feature available in FAM to handle? we believe this is the essential requirement.
thanks
Ahmed