The project tracks authorizations, commitments and expenditures as well as information relative to scheduling and responsibility for the project. Upon completion of the project the system can translate the expenditures into assets or close them into expense.
- The Project Number can vary from one to fifteen characters in length, as an installation option. The Project Number can be subdivided into a primary number and a subsidiary number. This allows related projects to be grouped together on reports. The two field sizes are an installation option.
- Each project can have up to 350 characters of descriptive information.
- Each project can have values for organizational levels 3-7 and the five user fields. These project level values are used as defaults when work units are set up. This minimizes the coding and keying effort for subordinate work units and detail items.
- Each project can have a specific Capitalization Rate for the specific borrowings associated with the project.
- Each project can have an authorization number, date and total or capital and expense authorization amounts.
The following project controls are established at the project level and can be maintained through transactions entered either online or in batch without programming changes.
- Project Key and Name
- Project Controls
- Project Responsibility
- Project Location and User Fields
- Project Capital Interest
- Project Description