Description |
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When an asset or an improvement to an asset is placed in service, the cost accumulated to date in the Construction In Progress (CIP) account must be transferred to the appropriate General Property Plant and Equipment (PP&E) account and recorded in the real property inventory. |
Comments |
Business Rule Extra Properties |
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Business Rule Number: | 185519 |
APG Compliant? | |
Business Rule Category: | Action Assertion |
Business Rule Level: | Operational |
Business Rule Source Type: | Process |
Reference Material: | |
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CBM Stakeholder(s) (1) |
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RPILM |
Enterprise Standard(s) (0) |
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LRP (0) |
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BPM Process(es) (3) |
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Post to General Ledger Relieve CIP and or WIP Account Update CIP and or WIP Account |
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Data Object(s) (0) |
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Data Element(s) (0) |
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Attribute(s) / Entity (0) |
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Gateway(s) (0) |
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Data Structure(s) (0) |
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