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

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Posted on by Catalina_CP

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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

3 post the estimate

4. The elimination option is not activating

Please help with this issue.

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Prem Kumar Bachu 3,418 on at

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Hi Catalina,

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

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huijij 19,811 on at

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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.

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Catalina_CP 107 on at

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

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Catalina_CP 107 on at

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I have the cost template setup.

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Prem Kumar Bachu 3,418 on at

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Hi,

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

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Catalina_CP 107 on at

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Hi,

Do i have to do this manually ?

1. new estimate

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

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Prem Kumar Bachu 3,418 on at

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

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