Requirement to track Project Cost for Fixed Assets from iProcurement

Hi All,

Need some inputs reg the below client need:

There is a client requirement to track Project Cost for Fixed Assets from iProcurement.

The requirement is for Project Cost Tracking, where a Budget is allocated and the client wants to track costs for all spending's on Fixed Assets,

Lease Building Extension, Computer Hardware, Machinery and construction and installation costs as well as Material purchases.

All purchases should be done through iProcurement Requisition and Project cost allocated either through accounting flexfield from Charge accounts or Project and Task field from iProcurement requisition screen.

Has any one done something similar or any one has any idea of how this can be achieved?