Different Cost Elements in One Asset
Hi Guys ,
My scenario is that I need to add/capitalize different cost elements i.e. salary, markup, others in one CWIP asset. Keep in mind one point that cost like salary or markup is not track as asset in AP in normal scenario and but in case of particular asset capitalization , we must add / capitalize these cost in the asset. The asset cost must be as follow:
Asset ( converted from CIP to capitalize) 1,000,000
Add: Salary Cost 550,000
Markup 200,000
Other Exp 70,000
____________
1,820,000
_____________
I have an option to add cost adjustment manaully in the asset for all mentioned cost elements but in this workaround, I can not keep the record of cost elements in the system.