This allows authorized users to prepare, approve and monitor capital requests. When a capital expenditure item is requested, the user may define supporting details for the request, including cost details and justification/notes. Reports can be generated to provide status information and can provide budget, committed or expended amounts and variances. The CIP budgeting functionality supports multi-year capital projects (up to 40 years), including capital costs, personnel, funding sources, one-time vs. ongoing operations & maintenance, project evaluation and justification criteria.
"Capital Expenditure Budgeting" is part of the PowerPlan line of products, developed by PowerPlan Corporation.
"Capital Expenditure Budgeting" is part of the PowerPlan line of products, developed by PowerPlan Corporation.