Average Additional Capital Cost

PA

Other

New

Submitted: 7June01

Description

• Additional capital cost program allows $ value start up cost input by UIC/Document Number then against a single bar code/asset. The program will not allow spreading the additional capital cost increase/decrease against all the assets posted using the capital obligation document number.
• It appears that the additional capital cost may be lodged against a single asset.., if that is the case then disposition action on that single record would affect capital cost/asset value for the entire obligation document.

Recommended
Increase program capabilities to allow the financial management/accounting module user to input additional capital cost/start up costs in a manner which would spread/average the dollar value against all assets posted against the UIC/obligation document number.

Benefits
Allows actual asset/equipment value to be posted in the Hand Receipt/LHAF table. The values will/should be equal to the acquisition document/ contract (CLIN) unit price. In effect that action would complete the Property Book Officer/Property Manager goal of balancing the Financial, Acquisition and Property Book system and achieve the DOD strategy of Accuracy. The additional capital costs (installation, uninstallation and transportation) may then be posted by financial management personnel upon receipt/expense/disbursement of the additional costs. Facilitates future Systems interface. The asset value/acquisition cost would then portray a more accurate replacement cost value.