Budgetary Control for CAPEX Procurement

Hi,

I have a requirement is to implement budgetary control for capex procurement. (Absolute control)

Currently there is a common ‘Asset Clearing account’ for all asset categories. In order to implement the standard solution generally suggested by Oracle (ie. Create a parent account for the Asset Cost and clearing account, then create a roll up group and assign to the budget organization and so on ), we need to have a separate asset clearing account for each asset category.

Even otherwise,we do not want the creation of a parent account / roll up group for each asset category, because of huge number of combinations for which budgets will be setup. They feel this will lead to performance issues and it is not practical as well.