Q: Capitalized Interest in a Federal environment
Any experience setting up the Capital Project Capitalized Interest feature in a US Federal environment?
We are trying to evaluate the level of effort, setups and if the client extension is necessary to meet the U. S. Department of Treasury Power Marketing Administration requirements.
At present, the client is using a custom process to calculate and batch expenditures for ‘Interest During Construction’ annually and at project close.
Any advice or collateral is appreciated.
Thank you