The Capitalization Criteria program is used to change the capitalization criteria, dollar amount and/or life limit, for districts that have their GAAP flag checked. Any changes made will be retroactive to the beginning of the fiscal year selected??. Once completed, the capitalization criteria stored under Core>Fiscal Years for that fiscal year will be updated to reflect the new dollar amount and/or life limit. A detailed report, sorted by tag number, will be generated including the fund, function and asset class, capitalization status and the old and new beginning balance amounts for each item that was changed. A summary recap, subtotaled by asset class, function and fund total groups is included as the end of the report.
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