Overview
Once the project has been started, it is fulfilled in accordance with the project plan.
The process follows up the project progress and tracks cost and deliverables.
During the project execution, goods are issued, and invoices are expensed on assets under construction. The actual cost of the assets under construction is calculated upon month-end closing procedures.
If the project is suspended or stopped, it must be locked for charging new expenses.
As a result of the process, the project costs are controlled.
Follow up CAPEX project progress flowchart
See how it works
Open the link in a new tab and use the Administrator EN username. No password is required.
Paths
| Path | Assets management → Fixed assets → Assets under construction |
|---|---|
| In-app link EN code |
e1cib/list/Catalog.ConstructionObjects
|
| In-app link RU code |
e1cib/list/Справочник.ОбъектыСтроительства
|
How to follow up capital expenditures
Note
Use external PM class systems to get information on the current activities, deliverables, and updated plans.
Check this information to find out the current status.
1. Go to Assets management and then click Assets under construction under Fixed assets.
2. Open an asset, click Reports, and select Capital expenditures.
3. Choose an Asset under construction.
4. Choose a Company.
5. Review all expense documents posted during the project execution.
How to complete assets under construction
1. Go to Assets management and then click Assets under construction under Fixed assets.
2. Open an Asset under construction.
3. Set the Completed status.