Set and edit capitalization milestones

To capitalize a project for ASC 350-40 you need to set the Capitalization Start Date. Then to stop capitalizing, set the Capitalization End Date.

What’s capitalized: All work from the Capitalization Start Date through the Capitalization End Date will be counted as capitalized.

What’s Expensed: Work before the Start Date or after the End Date is expensed.

Here is how to set the start and end dates

Go to the ASC Project page
Select a project
Scroll to milestone section
Set the capitalization start date (month, year)
If capitalization has ended, set the capitalization end date
- When a project is still in development, leave capitalization end date blank

How are the start and end months treated?

All work from start of start month through end of end month is capitalized.

Ex:
- Capitalization Start Date: Jan 2023
- Capitalization End Date: July 2023
- Months capitalized: January through July
- Months not capitalized: Before January and after July.

Does a capitalized project have to have a start and end date?

The project needs to have a start date to be treated as capitalized. The end date can be set later when the project actually ends.