on 04-11-2010 4:00 AM
My client wishes to create individual assets for al Material components, whose value is over $1000. Settling to multiple assets will not work, because the Asset values should be exactly equal to the PO amount. Creating WBS elements for each one of these materials is not feasible, since there are over 100K components. My initial thought process was to create a new Acct assignment category which will post to a an Asset account, and collect cost in a statistical internal order. This means that I would have write some thing custom to get the total project cost.
I would appreciate if you can suggest a more elegant way of handling this requirement.
There was a simpler solution, which just didn't strike me. I guess I can handle it by assigning the Asset costs to a Statistical WBS element inside the same project, which will help in commitments and budgeting too. This saves me the need to create a custom report.
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