Creating Child CapEx Project

The budget amount of a child capital expenditure project is reduced from the uncommitted amount of the parent project.

• [Master] Uncommitted Amount = Existing Uncommitted Amount – Child Project Budget Amount

The reduced child project budget amount is displayed in the Child Project(S) Amount tile for a CapEx project.

The child project budget amount is accredited to the child project’s Uncommitted Amount for a CapEx project.

Click Capital Expenditure à Create New. The New page appears.

Refer to the following table and fill in the details:

Field	Description
Project Name	The name of the CapEx project.
Bid Region	The bid region where the CapEx project belongs to. This drop-down list contains the list of active bid regions. The bid regions appearing here are created in Setup à Bid Regions.
Expiration Date	Select the expiry date of the CapEx project from the date picker. Users can select the expiry date 365 days in advance from the current date.
Budget Amount	The total budget amount of the CapEx project.
Override Account Number	Select the override account number from the list of active chart of accounts drop-down list.
Project Description	Description of the project. This is an optional field.

Click Create. The created capital expenditure project appears under the Capital Projects section on the Capital Expenditure page.