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Suggested answer

When generating a estimate to post cost to fixed asset , the elimination option is grey out

Posted on by 107

Hi, 

I'm capitalizing project cost to my fixed asset. 

1. i created the new estimate 

2. in the general tab selected the fixed asset 

pastedimage1661798195287v1.png

3 post the estimate 

4. The elimination option is not activating 

pastedimage1661798239488v2.png

Please help with this issue. 

  • Suggested answer
    Prem Kumar Bachu Profile Picture
    Prem Kumar Bachu 3,412 on at
    RE: When generating a estimate to post cost to fixed asset , the elimination option is grey out

    Yes manually enter the completion %. I think you can ignore recalculation mark, post estimate and process elimination.

  • Catalina_CP Profile Picture
    Catalina_CP 107 on at
    RE: When generating a estimate to post cost to fixed asset , the elimination option is grey out

    Hi, 

    Do i have to do this manually ?

    1. new estimate 

    pastedimage1661869014016v1.png

    2. manually change to 100 but an x appears in recalculation 

    pastedimage1661869067589v2.png

  • Suggested answer
    Prem Kumar Bachu Profile Picture
    Prem Kumar Bachu 3,412 on at
    RE: When generating a estimate to post cost to fixed asset , the elimination option is grey out

    Hi,

    When you create estimation line, you have to enter completion %. You might need to reverse the estimation as you already posted estimation.

  • Catalina_CP Profile Picture
    Catalina_CP 107 on at
    RE: When generating a estimate to post cost to fixed asset , the elimination option is grey out

    I have the cost template setup.

    pastedimage1661868219795v1.png

  • Catalina_CP Profile Picture
    Catalina_CP 107 on at
    RE: When generating a estimate to post cost to fixed asset , the elimination option is grey out

    Hi, how do i update the completion to 100% ?

  • Suggested answer
    huijij Profile Picture
    huijij 19,811 on at
    RE: When generating a estimate to post cost to fixed asset , the elimination option is grey out

    Hi Catalina,

    The first step required in the estimate form is creating an estimate that accumulates all costs recorded. This can be done by selecting the “set cost to complete zero” cost to complete method.After the estimate is created you can identify the total costs accumulated in the WIP tab of the estimate form.After the elimination is done, you can identify the costs on the fixed asset selected before.

  • Suggested answer
    Prem Kumar Bachu Profile Picture
    Prem Kumar Bachu 3,412 on at
    RE: When generating a estimate to post cost to fixed asset , the elimination option is grey out

    Hi Catalina,

    Can you update completion % and try, currently it is showing as 0

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