Capital Spend
Track capital spend against projects and work orders through the year, and produce the ageing schedule, the completion schedule and capital commitments as an export — instead of reconstructing them from purchase invoices in March.
A capability of ProcureTrail, configured by Kiren & Co as part of your professional engagement. It can be configured as part of an engagement on its own or alongside other ProcureTrail controls, depending on your organisation’s requirements. How the system fits together →
The ageing schedule gets rebuilt every March from invoices, and nobody is confident it ties.
Two projects have been stalled for a year, and the disclosure treats them as if work is continuing.
Costs sit in one capital work-in-progress balance with no way to say which project they belong to.
Built to the disclosure, not adapted to it.
Under one year, one to two, two to three, and over three years — by project, as at your chosen date, exported as a workbook.
Suspension is a project state you set and clear, so the split the disclosure requires comes from the record rather than from a manual note.
Projects overdue or over cost reported against their planned completion, plus capital commitments — each exported separately.
Capital spend is captured against work orders as goods are received and services accepted, so the balance is built from source documents.
See what capitalising a work order will produce before it happens. Capitalisation creates the asset records directly.
Record impairment by scope or by amount and reverse it, against the same work orders, with a preview first.
For this work the output format is the decision. We will show you the exports on sample data.
The four disclosure bands by project, as at a date, with the in-progress and suspended split.
Projects overdue or over cost, against planned completion.
The commitments schedule, exported alongside.
Capital work-in-progress disclosed across four ageing bands: under one year, one to two years, two to three years, and more than three years.
The total split between projects in progress and projects temporarily suspended.
For projects overdue or exceeding cost against plan, disclosure against the original completion expectation.
The ageing basis follows Division II Ind AS Schedule III guidance, and the basis used is applied consistently across projects.
Turned on per organisation. Same register, same audit trail, same login — no second system, no migration.
Capital work-in-progress split across the four disclosure bands — less than one year, one to two years, two to three years, and more than three years — by project, as at a date you choose, and exported as a workbook.
Suspension is a state a project is put into and taken out of, not a column someone types. The disclosure split between projects in progress and projects temporarily suspended is produced from that state.
Yes. Projects whose completion is overdue or whose cost has exceeded plan are reported against their planned completion, and exported separately. Capital commitments are also reported.
From goods received and services accepted against the project’s work orders, so the balance is built from source documents rather than reconstructed from the ledger afterwards.
The work order is capitalised, which creates the asset records. From that point the same assets are available for depreciation and for physical verification — there is no re-keying and no second register.
Yes. Impairment can be recorded by scope or by amount, and reversed, against the same work orders, with a preview before anything is posted.
No. Capital work-in-progress can be configured on its own. The asset register, depreciation, verification and accounting posting are switched on later if and when you want them.
The data behind the disclosure has to be captured during the year. That is the part we would set up with you.