Burdening and Capitalization
I have a requirement to burden on a separate line item on same project and also capitalize raw cost + burden cost. The only way I have found to achieve this is in project type:
- Select the checkbox for Create Separate Expenditure Item for Burden Cost
- Do not select the checkbox for Create Burden Cost Accounting Journal Entries
- Select the checkbox for Create Burdened Cost Accounting Journal Entries
- Capitalize Burdened Costs Amounts
This works fine as my capital cost is the full amount inclusive of the burden. The only thing I do not really like about this setup is that the raw cost journal creates what I deem an unnecessary entry dr/cr for raw amounts and dr/cr for burdened amounts. I am able to get around this by making the debit/credit entry on one set the same accounts, so I beleive I have a solution.