Construction Allocation

The Construction Allocation (FACPA) reference page consists of two tabs of setup information to control the Program Asset Generation system process. The first defines the construction project as either a Program and all Phases or a Program with a subset of Phases. The second links the Program and Phases to a Fixed Asset Number and Component Number.

There are several unique fields on this page that are in addition to common chart of account fields and fields covered in the Fixed Asset User Guide:

Field Name	Description
Phase	Although a common chart of account field, this instance allows for a wildcard value of ALL when individual Phases are not needed.
Bypass Review	An indication that when true will result in expenditures updated to the Program Allocation inquiry pages to load with the Reviewed indication of true so that the costs will be included in the next fixed asset update unless that Reviewed indication is changed.
Allocation Indicator	An indication that is set by the system to Single when there is only one detail record established in the allocation. When there is more than one the system sets the indication to Multiple.
Allocation Percentage Total	The system calculated sum of the Default Allocation Percentage of each detail record.
Last Journal Record Number	A field set by the Program Asset Generation system process to track the last selected record from the Cost Accounting Journal in order to know where to start selection in the next run.
Cancel Cancelled	When the Cancel indication is true the Program Asset Generation system process will create a Fixed Asset Cancellation transaction on the next run, at which point the Cancelled indication will be set to true. When cancelling a construction project, the Default Allocation Percentage must be set to 0.00%.
Default Allocation Percentage	The percentage of expenditures accumulated at the Program and Phase will be allocated to the Fixed Asset Number and Component Number.
Final	An indication that when true will trigger the Program Asset Generation system process to create a Fixed Asset Type Change transaction to update the asset with all fixed asset settings defined to the allocation.
Composite Indicator Update Composite Fields	The Composite Indicator is a field set by the system based on the Composite Asset indication for the Fixed Asset Number. The Update Composite Fields indication controls how Fixed Asset Type Change (FX) transaction is created for a composite asset when the Final In Service Date is reached. When the Composite Indicator is true, the transaction updates the Fixed Asset Catalog, Fixed Asset Type, Fixed Asset Group, Depreciation Method, and Depreciation Structure on the Header of the Fixed Asset Registry. The In Service Date, Useful Life, and Salvage Value can be updated on the Header or the Component of a composite asset on the Fixed Asset Registry. If the Update Composite Fields indication is true, the In Service Date and Useful Life fields are updated on the Header and the Component line. The Salvage Value is updated on the Header. If the Update Composite Fields indication is false, the fields are updated on the Component only (that is, the In Service Date and Useful Life on the Header will not be changed from the original values). This is important when a composite asset has multiple components. In some cases, it may be desired to change the Header attributes and in others not.